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    Property profile & analytics

    523 23rd St Lawrence, KS 66046-4709

    • Drive through restaurants
    • 2,612 SF
    • 0.84 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 30, 2025
    Location Intelligence
    Property ID
    US33-0856587
    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

    • Wendy's / Fast Food Restaurant / Hamburger Restaurant

    Property Details for 523 23rd St

    Year built
    1979
    Construction
    FRAME
    Lot size
    0.84 lot acres
    Property size
    2,612 SF
    Property type
    Drive through restaurants
    APN
    111-12-0-10-01-001.03-0
    APU
    1111201001001030

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lawrence
    County
    Douglas
    State
    Kansas
    Longitude
    -95.2426
    Latitude
    38.9424
    CBSA code
    29940
    CBSA name
    LAWRENCE, 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
    $25,678
    $178,365
    $17,460
    $195,825
    -
    $713,460
    $69,840
    $783,300

    Comparable in this City

    • Value Estimation by Request
      1,208 SF

      1015 23rd St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,208 SF
      1015 23rd St, Lawrence, KS 66046-5003
      View Details
    • Value Estimation
      $750,000
      2,926 SF

      2560 Iowa St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,926 SF
      2560 Iowa St, Lawrence, KS 66046-4041
      View Details
    • Value Estimation
      $680,000
      2,896 SF

      1533 23rd St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,896 SF
      1533 23rd St, Lawrence, KS 66046-2741
      View Details
    • Value Estimation by Request
      2,652 SF

      2545 Iowa St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,652 SF
      2545 Iowa St, Lawrence, KS 66046-4042
      View Details
    • Value Estimation
      $660,000
      2,586 SF

      2030 23rd St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,586 SF
      2030 23rd St, Lawrence, KS 66046-2758
      View Details
    • Value Estimation
      $655,000
      2,808 SF

      1501 23rd St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,808 SF
      1501 23rd St, Lawrence, KS 66046-2741
      View Details

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    Similar Nearby for Lease

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      Louisiana Purchase Shopping Center

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    • $22 SF/Yr
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      Retail Space in Lawrence, Kansas

      Retail spaces available in high-traffic Lawrence shopping center.
      2040 W 31St St, Lawrence, KS 66046
      View Details

    Property Visit Statistics

    • Visits by month
      16.0k
    • Visitors by month
      9.0k
    • Avg Time on site
      8 min
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    523 23rd St
    Lawrence, KS 66046-4709
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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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