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Property profile & analytics
OFF-MARKET
Estimated value
$4,415,000
Strip malls
1201 Crawford St Salina, KS 67401-4657
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US33-0720826
Property summary
AI-generated overview
Sunset Plaza, located at 1201 W Crawford St, Salina, KS 67401 (cross streets: Broadway Blvd), offers a unique investment opportunity in a thriving retail neighborhood center. This property boasts a total of 126,606 square feet across two, single-story buildings, built in 1960 and extensively renovated in 2020. The property sits on 7.69 acres of land and is zoned C-3: Shopping Center District, allowing for a variety of commercial uses. Currently, there are 3 suites available, with a minimum divisible space of 2,015 square feet and a maximum contiguous space of 4,200 square feet
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1960
Total area
79,030 SF
Lot
7.69 ac (334,976 SF)
APN
086-23-0-20-01-001.00-1
UPID
US33-0720826
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.06M
Blend (final)
Blend
$4.42M
Owner & transaction history
Salina Sunset LLC · 4 yrs held
Salina Sunset LLC
since 2021
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$6.8M
+52.8%
Auto repair, garage
$6.2M
+39.7%
Commercial (general)
$5.9M
+32.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Salina submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salina submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,425,000
Current use
RETAIL STORES
$6,760,000
Change: +53% · Conversion: Easy
AUTO REPAIR, GARAGE
$6,175,000
Change: +40% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,865,000
Change: +33% · Conversion: Easy
WAREHOUSE, STORAGE
$5,500,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$4.42M
Range $3.97M – $4.86M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$56 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$1,116,473
Assessed 2023
Previous assessed
$1,007,423
+10.8% YoY
Assessed land
$103,995
Assessed improvement
$1,012,478
Land market value
$415,980
Improvement market value
$4,049,910
Total market value
$4,465,890
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1960
Heating
NONE
Buildings
2
Total area
79,030 SF
Lot
7.69 ac (334,976 SF)
APN
086-23-0-20-01-001.00-1
UPID
US33-0720826
Jurisdiction
SALINE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$4.4M
RETAIL STORES
Est. value
$6.8M
AUTO REPAIR, GARAGE
Est. value
$6.2M
COMMERCIAL (GENERAL)
Est. value
$5.9M
WAREHOUSE, STORAGE
Est. value
$5.5M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1960
Heating
NONE
Buildings
2
Lot
7.69 ac
Current owner
From public records · entity-resolved
Salina Sunset LLC
Entity
Mailing address
8933 E UN AVE STE #216, GREENWOOD VILLAGE, CO 80111-1357
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2021
—
Salina Sunset LLC
—
Deed
related
$500,000 · Emprise Bank
Sep 18, 2020
—
Salina Sunset LLC
—
Deed
related
$5,978,685 · Emprise Bank
Nov 13, 2019
—
Salina Sunset LLC
—
Deed
related
$274,000 · Emprise Bank
May 29, 2019
—
Salina Sunset LLC
—
Deed
related
$1,226,000 · Emprise Bank
May 17, 2017
—
Salina Sunset LLC
—
Deed
related
$3,780,000 · Emprise Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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