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    Property profile & analytics

    541 Minnesota St Lawrence, KS 66044-1750

    • Auto shops
    • 2,040 SF
    • 0.26 lot acres
    OFF-MARKET
    Value Estimation
    $400,000
    Location Intelligence
    Property ID
    US33-0840072
    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

    • Ace Steering & Brake Service Inc / Auto Repair Shop

    Property Details for 541 Minnesota St

    Year built
    1963
    Lot size
    0.26 lot acres
    Property size
    2,040 SF
    Property type
    Auto shops
    APN
    067-25-0-30-14-009.00-0
    APU
    672503014009000

    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
    -95.2538
    Latitude
    38.974
    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
    2022
    $3,191
    $37,088
    $18,163
    $55,251
    -
    $148,350
    $72,650
    $221,000

    Comparable in this City

    • Value Estimation
      $470,000
      3,404 SF

      612 2nd St

      AUTO REPAIR, GARAGE • 3,404 SF
      612 2nd St, Lawrence, KS 66044-1406
      View Details
    • Value Estimation by Request
      5,000 SF

      601 2nd St

      AUTO REPAIR, GARAGE • 5,000 SF
      601 2nd St, Lawrence, KS 66044-1407
      View Details
    • Value Estimation
      $420,000
      2,448 SF

      229 Elm St

      AUTO REPAIR, GARAGE • 2,448 SF
      229 Elm St, Lawrence, KS 66044-1536
      View Details
    • Value Estimation
      $440,000
      2,716 SF

      630 Connecticut St

      AUTO REPAIR, GARAGE • 2,716 SF
      630 Connecticut St, Lawrence, KS 66044-2226
      View Details
    • Value Estimation by Request
      1,708 SF

      845 Iowa St

      AUTO REPAIR, GARAGE • 1,708 SF
      845 Iowa St, Lawrence, KS 66044-1744
      View Details
    • Value Estimation
      $390,000
      600 SF

      629 2nd St

      AUTO REPAIR, GARAGE • 600 SF
      629 2nd St, Lawrence, KS 66044-1407
      View Details

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    Similar Nearby for Lease

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      Prime Lawrence location, mixed-use building, flexible space.
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      Downtown Lawrence Retail/Office Space

      Prime Location, Two Suites Available
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    • Contact for pricing
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      Downtown Lawrence Restaurant/Bar with Patio

      Renovated restaurant/bar with patio in walkable downtown Lawrence, KS.
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    • $6,900 /Mo
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      Turn-Key Restaurant with Outdoor Potential

      Spacious restaurant with bar, large kitchen, and dining area.
      805 New Hampshire St, Lawrence, KS 66044
      View Details

    Property Visit Statistics

    • Visits by month
      2.8k
    • Visitors by month
      2.7k
    • Avg Time on site
      17 min
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    541 Minnesota St
    Lawrence, KS 66044-1750
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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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