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    Property profile & analytics

    506 Meridian Ave Valley Center, KS 67147-2145

    • Outlet malls
    • 14,100 SF
    • 1.36 lot acres
    OFF-MARKET
    Value Estimation
    $545,000
    Last Sale
    Jul 31, 2020
    Location Intelligence
    Property ID
    US33-0913155
    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

    • Outlet malls

    Property Details for 506 Meridian Ave

    Year built
    1978
    Construction
    STEEL FRAME
    Lot size
    1.36 lot acres
    Property size
    14,100 SF
    Property type
    Outlet malls
    APN
    087-029-31-0-33-02-004.00
    APU
    87029310330200400

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Valley Center
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.371
    Latitude
    37.8274
    CBSA code
    48620
    CBSA name
    WICHITA, KS METROPOLITAN 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
    2023
    $9,090
    $16,700
    $43,470
    $60,170
    -
    $66,800
    $173,880
    $240,680

    Comparable in this City

    • Value Estimation by Request
      1,440 SF

      111 Park Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 1,440 SF
      111 Park Ave, Valley Center, KS 67147-2554
      View Details
    • Value Estimation
      $340,000
      0.55 Acres

      Valley

      WHOLESALE OUTLET, DISCOUNT STORE • 0.55 Acres
      Valley, Center, KS 67147
      View Details
    • Value Estimation by Request
      9,372 SF

      220 Frd St

      WHOLESALE OUTLET, DISCOUNT STORE • 9,372 SF
      220 Frd St, Valley Center, KS 67147-4905
      View Details
    • Value Estimation by Request
      7,000 SF

      328 Meridian Ave

      SHOPPING CENTER, STRIP CENTER • 7,000 SF
      328 Meridian Ave, Valley Center, KS 67147-2138
      View Details
    • Value Estimation
      $390,000
      2,400 SF

      128 Meridian Ave

      SHOPPING CENTER, STRIP CENTER • 2,400 SF
      128 Meridian Ave, Valley Center, KS 67147-2134
      View Details
    • Value Estimation by Request
      11,712 SF

      201 Meridian Ave

      SHOPPING CENTER, STRIP CENTER • 11,712 SF
      201 Meridian Ave, Valley Center, KS 67147-2163
      View Details

    Similar Nearby for Sale

    • $49,600
      0.91 Acres

      Valley Center Industrial Land

      0.91-acre lot, prime location, $49,600
      1140 Meridian Ave, Valley Center, KS 67147
      View Details
    • Contact for pricing
      Pending

      Residential Land in Park City

      Vacant land to build your dream home in Park City.
      45 Block A, Park City, KS 67147
      View Details
    • Contact for pricing
      0.20 Acres

      Residential Land in Park City

      Vacant land available for building a dream home.
      18 Block B, Park City, KS 67147
      View Details
    • Contact for pricing
      Pending

      Residential Land in Park City

      Vacant land available in Park City, Kansas.
      21 Block D, Park City, KS 67147
      View Details
    • Contact for pricing
      0.43 Acres

      Residential Land in Park City

      Vacant land to build your dream home in Park City.
      28 Block B, Park City, KS 67147
      View Details
    • Contact for pricing
      0.19 Acres

      Residential Land in Park City

      Vacant land available for building a dream home.
      22 Block B, Park City, KS 67147
      View Details
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    506 Meridian Ave
    Valley Center, KS 67147-2145
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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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