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    Property profile & analytics

    506 Elm St Wamego, KS 66547-1622

    • Retail space
    • 7,000 SF
    • 0.75 lot acres
    OFF-MARKET
    Value Estimation
    $475,000
    Location Intelligence
    Property ID
    US33-0409693
    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

    • Retail space

    Property Details for 506 Elm St

    Year built
    1950
    Lot size
    0.75 lot acres
    Property size
    7,000 SF
    Property type
    Retail space
    APN
    292-09-0-20-01-003.00-0
    APU
    2920902001003000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wamego
    County
    Pottawatomie
    State
    Kansas
    Longitude
    -96.3061
    Latitude
    39.2025
    CBSA code
    31740
    CBSA name
    MANHATTAN, KS MICROPOLITAN STATISTICAL AREA

    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
    2019
    $16,942
    $24,275
    $214,503
    $238,778
    -
    $97,100
    $858,010
    $955,110

    Comparable in this City

    • Value Estimation
      $330,000
      5,504 SF

      423 Lincoln Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,504 SF
      423 Lincoln Ave, Wamego, KS 66547-1631
      View Details
    • Value Estimation
      $305,000
      2,036 SF

      415 Lincoln Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,036 SF
      415 Lincoln Ave, Wamego, KS 66547-1631
      View Details
    • Value Estimation
      $270,000
      1,152 SF

      523 Lincoln Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,152 SF
      523 Lincoln Ave, Wamego, KS 66547-1633
      View Details
    • Value Estimation
      $335,000
      3,535 SF

      401 Lincoln Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,535 SF
      401 Lincoln Ave, Wamego, KS 66547-1688
      View Details
    • Value Estimation
      $325,000
      4,142 SF

      519 Lincoln Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,142 SF
      519 Lincoln Ave, Wamego, KS 66547-1633
      View Details
    • Value Estimation
      $305,000
      2,346 SF

      815 4th St

      RETAIL STORES (PERSONAL SERVICES) • 2,346 SF
      815 4th St, Wamego, KS 66547-1648
      View Details

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    506 Elm St
    Wamego, KS 66547-1622
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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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