Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3288 Avenue C Salina, KS 67401
    Back to Search
    Property profile & analytics

    3288 Avenue C, Salina, KS 67401

    View on Map
    • Warehouses
    • 7,200 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 3288 Avenue C

    Year built
    1978
    Property type
    Warehouses
    Property subtype
    Office Spaces

    Description

    This exceptional 7,200-square-foot property, situated in Saline County's South Industrial Park, offers a unique blend of executive office and warehouse space. The single-story building, constructed in 1978, sits on a generous 22,209-square-foot lot with frontage on South Avenue C. Currently, 1,800 square feet of space is available for lease within this single-tenant building. The warehouse boasts desirable features including dock-high doors and recently installed LED lighting, enhancing efficiency and energy savings. The 14-foot ceiling height provides ample vertical space for storage and operations. A dedicated parts room is conveniently separated from the main warehouse area. The office space is well-appointed, featuring a professional reception area and a dedicated meeting room, ideal for client interactions and internal collaborations. The property is zoned for industrial use and benefits from its location within the South Industrial Park, alongside established businesses such as PKM Steel, Salina Steel, and Pestinger Heating & Cooling. This prime location offers excellent accessibility and visibility. This versatile property is perfect for a business seeking both efficient warehouse space and a professional office environment.

    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
    -97.6063
    Latitude
    38.7783

    Comparable in this City

    • Value Estimation by Request
      5,500 SF

      831 8Th St

      Distribution properties
      831 8Th St, Salina, KS 67401
      View Details
    • Value Estimation by Request
      4,400 SF

      1018 York Ave

      Distribution properties
      1018 York Ave, Salina, KS 67401
      View Details
    • Value Estimation by Request
      3,560 SF

      348 Ave A A

      WAREHOUSE, STORAGE
      348 Ave A A, Salina, KS 67401-9144
      View Details
    • Value Estimation by Request
      4,920 SF

      312 12th St

      WAREHOUSE, STORAGE
      312 12th St, Salina, KS 67401-2123
      View Details
    • Value Estimation by Request
      1,728 SF

      405 13th St

      WAREHOUSE, STORAGE
      405 13th St, Salina, KS 67401
      View Details
    • Value Estimation
      $565,000
      18,479 SF

      1018th W Elm St

      WAREHOUSE, STORAGE
      1018th W Elm St, Salina, KS 67401-2516
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,234 SF

      Versatile Flex Building in Salina

      Freestanding 3,234 SF flex building with industrial zoning.
      501 N 5 St, Salina, KS 67401
      View Details
    • Contact for pricing
      16,611 SF

      Flex Space with Warehouse and Yard

      Flex space featuring office, warehouse, yard, and storage.
      514 N Santa Fe Ave, Salina, KS 67401
      View Details
    • $270,000
      Pending

      Warehouse Near I-70 & 135

      Commercial/Industrial zoned warehouse with office space and ample parking.
      831 N 8Th St, Salina, KS 67401
      View Details
    • Contact for pricing
      4,400 SF

      Warehouse with Multiple Garage Doors

      4,400 sqft warehouse with multiple 12' garage doors.
      1018 York Ave, Salina, KS 67401
      View Details
    • Contact for pricing
      195,128 SF

      Land Available For Sale

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

    Similar Nearby for Lease

    • 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
      1,800 SF

      Crawford Street Storage Space Available

      1800 SF storage space with shared parking available for rent.
      820 E Crawford St, Salina, KS 67401
      View Details
    • Contact for pricing

      Single Tenant Office Space

      Office space available for single tenant occupancy.
      1516 E Iron Ave, 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

      Retail and Office Space Available

      Retail and office spaces for lease in central Salina.
      S 9Th St, Salina, KS 67401
      View Details
    • Contact for pricing

      Class A Office Suites Available

      Multi-tenant office suites with Class A finishes for rent.
      1700 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.
    3288 Avenue C
    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

    Thank You for Inquiry
    3288 Avenue C, Salina, KS, 67401
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!