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    Property profile & analytics

    500 Franklin Ave Colby, KS 67701-2328

    • Banks
    • 4,628 SF
    • 0.40 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US33-1193296
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Sunflower Bank / Bank
    • Guardian Mortgage / Mortgage Lender

    Property Details for 500 Franklin Ave

    Year built
    1960
    Lot size
    0.40 lot acres
    Property size
    4,628 SF
    Property type
    Banks
    APN
    109-31-0-30-23-009.00-0
    APU
    1093103023009000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Colby
    County
    Thomas
    State
    Kansas
    Longitude
    -101.046
    Latitude
    39.3983

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,925
    $4,025
    $55,458
    $59,483
    -
    $16,100
    $221,830
    $237,930

    Comparable in this City

    • Value Estimation by Request
      10,920 SF

      240 4th St

      FINANCIAL BUILDING • 10,920 SF
      240 4th St, Colby, KS 67701-2239
      View Details
    • Value Estimation by Request
      4,887 SF

      1750 Range Ave

      FINANCIAL BUILDING • 4,887 SF
      1750 Range Ave, Colby, KS 67701-4005
      View Details
    • Value Estimation by Request
      4,770 SF

      150 Range Ave

      FINANCIAL BUILDING • 4,770 SF
      150 Range Ave, Colby, KS 67701
      View Details
    • Value Estimation by Request
      5,760 SF

      1195 Range Ave

      FINANCIAL BUILDING • 5,760 SF
      1195 Range Ave, Colby, KS 67701-3506
      View Details
    • Value Estimation by Request
      5,836 SF

      1005 Range Ave Ste, Unit 3

      FINANCIAL BUILDING • 5,836 SF
      1005 Range Ave Ste, Colby, KS 67701-3538
      View Details
    • Value Estimation by Request
      8,614 SF

      360 Franklin Ave

      FINANCIAL BUILDING • 8,614 SF
      360 Franklin Ave, Colby, KS 67701-2324
      View Details
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    500 Franklin Ave
    Colby, KS 67701-2328
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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