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    Property profile & analytics

    550 Morton St Elkhart, KS 67950-5016

    • Retail space
    • 4,800 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $205,000
    Location Intelligence
    Property ID
    US33-1606273
    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

    • Carquest Auto Parts - ELKHART AUTO PARTS / Auto Parts Store

    Property Details for 550 Morton St

    Year built
    1961
    Construction
    FRAME
    Lot size
    0.16 lot acres
    Property size
    4,800 SF
    Property type
    Retail space
    APN
    245-16-0-30-06-009.00-0
    APU
    2451603006009000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elkhart
    County
    Morton
    State
    Kansas
    Longitude
    -101.897
    Latitude
    37.002

    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
    $3,546
    $2,128
    $15,345
    $17,473
    -
    $8,510
    $61,380
    $69,890

    Comparable in this City

    • Value Estimation by Request
      3,200 SF

      905 Border Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,200 SF
      905 Border Ave, Elkhart, KS 67950
      View Details
    • Value Estimation by Request
      2,205 SF

      528 Morton St

      RETAIL STORES (PERSONAL SERVICES) • 2,205 SF
      528 Morton St, Elkhart, KS 67950-5016
      View Details
    • Value Estimation by Request
      1,250 SF

      529 Morton St

      RETAIL STORES (PERSONAL SERVICES) • 1,250 SF
      529 Morton St, Elkhart, KS 67950
      View Details
    • Value Estimation
      $330,000
      8,400 SF

      417 Morton St

      RETAIL STORES (PERSONAL SERVICES) • 8,400 SF
      417 Morton St, Elkhart, KS 67950-5015
      View Details
    • Value Estimation
      $300,000
      3,550 SF

      450 Morton St

      RETAIL STORES (PERSONAL SERVICES) • 3,550 SF
      450 Morton St, Elkhart, KS 67950
      View Details
    • Value Estimation by Request
      0.03 Acres

      Elkhart, KS 67950

      RETAIL STORES (PERSONAL SERVICES) • 0.03 Acres
      Elkhart, KS 67950
      View Details

    Similar Nearby for Sale

    • $90,000
      3,189 SF

      Versatile Commercial Property on Main

      Commercial property with soda shop counter, offices, and shop area.
      309 Morton St, Elkhart, KS 67950
      View Details
    • $315,000
      11,250 SF

      Insulated Farm Utility Building

      75x150 insulated building on 3.5 acres for sale.
      870 Sherman Alley St, Elkhart, KS 67950
      View Details
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    550 Morton St
    Elkhart, KS 67950-5016
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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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