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    OFF-MARKET
    Day care centers

    200 Key Ave, Salina, KS 67401-7689

    4,900 SF 0.44 ac lot Built 1983
    Entity Owned ~ Est. High Equity
    Property ID
    US33-0256752
    Property summary
    AI-generated overview

    This exceptional 4,900 square foot commercial land parcel, located at 200 W Key Ave., Salina, KS 67401, presents a remarkable business opportunity. Situated in south Salina, this property enjoys convenient access to 9th Street while benefiting from the quieter setting of a side street, ensuring easy ingress and egress. Previously utilized as a daycare center, the versatile layout offers numerous possibilities for various business ventures. The building boasts a well-equipped kitchen area and five bathrooms, catering to diverse operational needs. Multiple exit doors enhance safety and functionality. The interior features designated office spaces at the front and expansive open areas on either side, providing flexibility for customization. The rear area, currently configured as play areas, can be readily adapted into a break room or additional parking space by paving. The property is zoned C-5, opening doors to a wide range of commercial uses. This prime location and adaptable space make this a truly exceptional investment opportunity in the thriving Salina market. The asking price is $390,000.

    Property profile
    Verified
    Property type Day care centers
    Use group DAY CARE, PRE-SCHOOL
    Year built 1983
    Construction FRAME
    Total area 4,900 SF
    Lot 0.44 ac (19,347 SF)
    APN 087-36-0-20-08-004.00
    UPID US33-0256752
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    H60 Properties LLC
    H60 Properties LLC
    since 2025
    1 recorded transaction
    2025
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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