Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3960 9Th St Salina, KS 67401

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3960 9Th St Salina, KS 67401

    View on Map
    • Land
    • 1.69 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 3960 9Th St

    Lot size
    1.69 lot acres
    Property type
    Land

    Description

    This exceptional 1.69-acre commercial land parcel is ideally situated in Salina, Kansas, at 3960 S 9th St, zip code 67401, within Saline County. The property boasts a highly desirable PC-5 zoning designation, offering a wide range of development possibilities. Its strategic location provides easy access to the I-135 interchange, ensuring excellent visibility and convenient transportation links. The lot is conveniently located south of Water Well Road and the S. 9th Street interchange. This prime location places the property in close proximity to established businesses, including Kubota Farm Equipment, Advanced Auto Parts, GeoProbe, Kasa Industries, Marshall Motors, Long McArthur Ford, and a Rodeway Inn Hotel. The property's size and location make it an attractive opportunity for developers seeking a prominent site for a variety of commercial ventures. The property is within city limits, offering access to municipal services and infrastructure. This is a rare opportunity to acquire a significant commercial land holding in a thriving area with strong potential for future growth and development. Serious inquiries are encouraged.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Salina
    County
    Saline
    State
    Kansas
    Longitude
    -97.6131
    Latitude
    38.7643

    Comparable in this City

    • Value Estimation by Request
      0.88 Acres

      1500 Ohio St

      Land • 0.88 Acres
      1500 Ohio St, Salina, KS 67401
      View Details
    • Value Estimation by Request

      1500 Ohio St

      Land
      1500 Ohio St, Salina, KS 67401
      View Details
    • Value Estimation by Request

      Briarcliff Rd

      Land
      0 Briarcliff Rd, Salina, KS 67401
      View Details
    • Value Estimation by Request
      4,400 SF

      1018 York Ave

      Distribution properties • 4,400 SF
      1018 York Ave, Salina, KS 67401
      View Details
    • Value Estimation by Request
      14.00 Acres

      3400 9Th St

      Land • 14.00 Acres
      3400 9Th St, Salina, KS 67401
      View Details
    • Value Estimation by Request
      3.17 Acres

      3030 Ohio St

      Land • 3.17 Acres
      3030 Ohio St, Salina, KS 67401
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land Available For Sale

      Land available for sale in Salina, Kansas.
      00000 Water Well Rd, Salina, KS 67401
      View Details
    • Contact for pricing

      Land For Sale

      2.8 acres of land available for sale.
      W Diamond Dr, Salina, KS 67401
      View Details
    • Contact for pricing

      Land For Sale

      Land available in Lakeview Estate, Salina, KS.
      Lakeview Est, Salina, KS 67401
      View Details
    • Contact for pricing
      943 SF

      Industrial/Commercial Property with Warehouse

      Unique property with office, warehouse, and additional land.
      1408 Prospect Ave, Salina, KS 67401
      View Details
    • $80,000
      0.30 Acres

      Salina Commercial Land Redevelopment Opportunity

      Vacant commercial lots in central Salina, Kansas.
      343 N Santa Fe Ave, Salina, KS 67401
      View Details
    • $180,000
      1.00 Acre

      Prime Commercial Lot in Salina

      One-acre commercial lot with high visibility and interstate access.
      1+/- Acre On Marcella & Huehl, Salina, KS 67401
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Commercial Land Available

      Desirable Salina location, suitable for lease or build-to-suit.
      2755 S 9Th St, Salina, KS 67401
      View Details
    • Contact for pricing
      25,000 SF

      Prime Land Parcel For Lease

      Highly visible land parcel with build-to-suit options available for lease.
      2755 S 9Th St, Salina, KS 67401
      View Details
    • Contact for pricing

      Commercial Space Available For Lease

      Commercial space available for lease in Salina, Kansas.
      433 S Broadway Blvd, Salina, KS 67401
      View Details
    • Contact for pricing

      Office Building with Warehouse Space

      Office building featuring offices, conference room, kitchenette, and warehouse.
      104 W Elm St, Salina, KS 67401
      View Details
    • Contact for pricing

      514 N Santa Fe Ave, Salina, KS 67401

      Flex space
      514 N Santa Fe Ave, Salina, KS 67401
      View Details
    • Contact for pricing

      Office Space on Iron Avenue

      Office space for rent with utilities included and ample parking.
      645 E Iron Ave, Salina, KS 67401
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3960 9Th St
    Salina, KS 67401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!