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    Property profile & analytics

    1700 Iron Ave Salina, KS 67401

    • Office buildings
    • 40,791 SF
    • 5.00 lot acres
    For Lease
    View listing
    $15 SF/Yr
    Value Estimation
    $940,000
    Location Intelligence
    Property ID
    US33-0646655
    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

    • Office buildings

    Property Details for 1700 Iron Ave

    Year built
    1981
    Construction
    FRAME
    Lot size
    5.00 lot acres
    Property size
    40,791 SF
    Property type
    Office buildings
    APN
    094-18-0-10-02-001.00
    APU
    94180100200100

    Description

    The Board of Trade Building, a single-story, Class A office property totaling 48,505 square feet, presents a unique investment opportunity. Built in 1958 and renovated in 1972, this Saline County property offers multiple tenancy options, with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 5,000 square feet. Currently, 10,585 square feet are vacant, providing immediate opportunities for occupancy. The building boasts an impressive 11-foot ceiling height and is situated on a substantial 218,504 square foot lot, ensuring ample parking. Its C-2 zoning allows for a variety of commercial uses. The building features on-site maintenance and janitorial services, common area restrooms, and a professional tenant mix. This traditional office space also offers creative office options, making it suitable for a diverse range of businesses. Located near Iowa Avenue, this property offers convenient access and high visibility. Competitive full-service lease rates are available.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $935,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,045,000
      6.5%
      $1,130,000
      7%
      $1,085,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $970,000
      Geo Method
      $1,020,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,330,000
      Retail
      $1,350,000
      Mixed-Use
      $1,295,000
      Hospitality
      $1,105,000
      Educational
      $1,125,000
      Residential Income
      $1,260,000
      Energy
      $1,235,000
      Income-Based Land
      $1,155,000
      Food Service
      $1,225,000

    Location Insight

    • Map
    • Local Demand
    City
    Salina
    County
    Saline
    State
    Kansas
    Longitude
    -97.5844
    Latitude
    38.8396
    CBSA code
    41460
    CBSA name
    SALINA, KS MICROPOLITAN 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
    $75,515
    $87,440
    $458,563
    $546,003
    -
    $349,760
    $1,834,250
    $2,184,010

    Comparable in this City

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      2105 Crawford Pl

      OFFICE BUILDING • 4,168 SF
      2105 Crawford Pl, Salina, KS 67401-3719
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    • Value Estimation by Request
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      748 Duvall Ave

      OFFICE BUILDING • 8,200 SF
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    • Value Estimation
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      5,750 SF

      1809 Ohio St

      OFFICE BUILDING • 5,750 SF
      1809 Ohio St, Salina, KS 67401-6601
      View Details
    • Value Estimation
      $600,000
      11,759 SF

      2335 Crawford St

      OFFICE BUILDING • 11,759 SF
      2335 Crawford St, Salina, KS 67401-3713
      View Details

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    1700 Iron Ave
    Salina, KS 67401
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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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