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    Property profile & analytics

    602 Market St La Cygne, KS 66040

    • Grocery and convenience stores
    • 4,350 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    $340,000
    Location Intelligence
    Property ID
    US33-0208658
    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

    • The Wagon Wheel / American Restaurant

    Property Details for 602 Market St

    Year built
    1972
    Lot size
    0.28 lot acres
    Property size
    4,350 SF
    Property type
    Grocery and convenience stores
    APN
    028-33-0-40-22-005.00-0
    APU
    283304022005000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $315,000

    • CAP approach

      CAP return
      Estimation
      6%
      $425,000
      6.5%
      $440,000
      7%
      $460,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $425,000
      Geo Method
      $450,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $430,000
      Retail
      $470,000
      Mixed-Use
      $490,000
      Hospitality
      $395,000
      Educational
      $470,000
      Residential Income
      $465,000
      Energy
      $365,000
      Income-Based Land
      $420,000
      Food Service
      $395,000

    Location Insight

    • Map
    • Local Demand
    City
    La Cygne
    County
    Linn
    State
    Kansas
    Longitude
    -94.7584
    Latitude
    38.3456
    CBSA code
    28140
    CBSA name
    KANSAS CITY, MO-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
    $5,277
    $1,050
    $31,265
    $32,315
    -
    $4,200
    $125,060
    $129,260

    Comparable in this City

    • Value Estimation
      $345,000
      1,980 SF

      211 Market St

      CONVENIENCE STORE • 1,980 SF
      211 Market St, La Cygne, KS 66040-3048
      View Details
    • Value Estimation
      $355,000
      3,200 SF

      21657 Vly Rd

      CONVENIENCE STORE • 3,200 SF
      21657 Vly Rd, La Cygne, KS 66040-9137
      View Details
    • Value Estimation by Request
      3,150 SF

      406 Market St

      CONVENIENCE STORE • 3,150 SF
      406 Market St, La Cygne, KS 66040
      View Details
    • Value Estimation
      $335,000
      1,500 SF

      10 Ash Ln

      CONVENIENCE STORE • 1,500 SF
      10 Ash Ln, Linn Valley, KS 66040-6149
      View Details
    • Value Estimation by Request
      2,436 SF

      206 Broadway St

      RETAIL STORES (PERSONAL SERVICES) • 2,436 SF
      206 Broadway St, La Cygne, KS 66040-4135
      View Details
    • Value Estimation by Request
      1,909 SF

      113 Broadway St

      RETAIL STORES (PERSONAL SERVICES) • 1,909 SF
      113 Broadway St, La Cygne, KS 66040-4252
      View Details

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    602 Market St
    La Cygne, KS 66040
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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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