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    Property profile & analytics

    516 1st St Pratt, KS 67124-2003

    • Office buildings
    • 2,432 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US33-1397884
    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

    • Dan Gillig - State Farm Insurance Agent / Insurance Agency / Auto Insurance Agency
    • State Farm Bank / Bank / Atm

    Property Details for 516 1st St

    Year built
    2011
    Lot size
    0.34 lot acres
    Property size
    2,432 SF
    Property type
    Office buildings
    APN
    088-34-0-30-31-021.00-0
    APU
    883403031021000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pratt
    County
    Pratt
    State
    Kansas
    Longitude
    -98.7328
    Latitude
    37.6462

    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
    $15,751
    $6,615
    $68,410
    $75,025
    -
    $26,460
    $273,640
    $300,100

    Comparable in this City

    • Value Estimation by Request
      2,632 SF

      603 Main St

      OFFICE BUILDING (MULTI-STORY) • 2,632 SF
      603 Main St, Pratt, KS 67124-2630
      View Details
    • Value Estimation by Request
      2,022 SF

      620 2nd St

      OFFICE BUILDING (MULTI-STORY) • 2,022 SF
      620 2nd St, Pratt, KS 67124-2912
      View Details
    • Value Estimation by Request
      5,056 SF

      290 State Rd 61

      OFFICE BUILDING (MULTI-STORY) • 5,056 SF
      290 State Rd 61, Pratt, KS 67124-8315
      View Details
    • Value Estimation by Request
      1,800 SF

      70036 30th St

      OFFICE BUILDING (MULTI-STORY) • 1,800 SF
      70036 30th St, Pratt, KS 67124-7795
      View Details
    • Value Estimation by Request
      4,353 SF

      602 2nd St

      OFFICE BUILDING (MULTI-STORY) • 4,353 SF
      602 2nd St, Pratt, KS 67124-2912
      View Details
    • Value Estimation by Request
      4,000 SF

      299 State Rd 61

      OFFICE BUILDING (MULTI-STORY) • 4,000 SF
      299 State Rd 61, Pratt, KS 67124-8469
      View Details

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    516 1st St
    Pratt, KS 67124-2003
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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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