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    Property profile & analytics

    117 7Th St Salina, KS 67401

    • Parking lots & garages
    • 0.14 lot acres
    For Lease
    View listing
    Value Estimation
    $270,000
    Location Intelligence
    Property ID
    US33-0256556
    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

    • Parking lots & garages

    Property Details for 117 7Th St

    Lot size
    0.14 lot acres
    Property type
    Parking lots & garages
    APN
    086-13-0-20-07-008.00
    APU
    86130200700800

    Description

    This exceptional 8,700 square foot office building, located at 117 N. 7th St, Salina, KS 67401 (cross street: Iron Ave), presents a unique opportunity. Built in 1914 and renovated in 2002, this three-story Class B building offers flexible space options. The entire 8,700 square feet is currently vacant and available for lease. Tenants can lease a minimum of 3,500 square feet and a maximum contiguous space of 5,200 square feet. The building features a desirable 12-foot ceiling height, adding to its spacious feel. Modern conveniences include one elevator. The property is zoned C-4, allowing for a variety of commercial uses. Its prime location in downtown Salina offers excellent visibility and accessibility. This historic building combines classic charm with updated amenities, making it an ideal space for businesses seeking a unique and functional office environment in Saline County. The building consists of one structure with multiple tenancy options. Interested parties should note the minimum divisible space is 3,500 square feet.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $235,000

    • CAP approach

      CAP return
      Estimation
      6%
      $300,000
      6.5%
      $300,000
      7%
      $335,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $335,000
      Geo Method
      $295,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $315,000
      Retail
      $295,000
      Mixed-Use
      $320,000
      Hospitality
      $340,000
      Educational
      $315,000
      Residential Income
      $290,000
      Energy
      $335,000
      Income-Based Land
      $255,000
      Food Service
      $345,000

    Location Insight

    • Map
    • Local Demand
    City
    Salina
    County
    Saline
    State
    Kansas
    Longitude
    -97.6106
    Latitude
    38.8413
    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
    $1,599
    $10,125
    $1,438
    $11,563
    -
    $40,500
    $5,750
    $46,250

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    117 7Th St
    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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