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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Office Spaces
2141 Centennial Rd Salina, KS 67401-1763
Entity Owned
3-yr Hold
Free & Clear
Property ID
US33-0324976
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1990
Construction
STEEL FRAME
Total area
6,640 SF
Lot
0.98 ac (42,616 SF)
APN
088-27-0-40-01-003.01
UPID
US33-0324976
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
$385k
CAP Approach
CAP
$690k
Comparable Approach
Comparable
$593k
Blend (final)
Blend
$640k
Owner & transaction history
Ksu3101sa LP · 3 yrs held
Ksu3101sa LP
since 2022
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$940,000
+91.2%
Restaurant
$885,000
+79.4%
Medical building
$765,000
+55.4%
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
$385,000
CAP Approach
CAP Return
Estimation
6%
$745,000
6.5%
$690,000
7%
$640,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$495,000
Current use
OFFICE BUILDING
$940,000
Change: +91% · Conversion: Easy
RESTAURANT
$885,000
Change: +79% · Conversion: Difficult
MEDICAL BUILDING
$765,000
Change: +55% · Conversion: Easy
RETAIL STORES
$570,000
Change: +15% · Conversion: Easy
AUTO REPAIR, GARAGE
$520,000
Change: +5% · Conversion: Difficult
WAREHOUSE, STORAGE
$460,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$640k
Range $576k – $704k · ±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
$96 / 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
Tax billed
$8,848
Tax year 2023
Assessed value
$63,975
Assessed 2023
Previous assessed
$50,401
+26.9% YoY
Effective rate
13.83%
On assessed value
Assessed land
$16,750
Assessed improvement
$47,225
Land market value
$67,000
Improvement market value
$188,900
Total market value
$255,900
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1990
Construction
STEEL FRAME
Heating
SPACE
Cooling
AC.PACKAGE
Total area
6,640 SF
Lot
0.98 ac (42,616 SF)
APN
088-27-0-40-01-003.01
UPID
US33-0324976
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
COMMERCIAL (GENERAL) Current
Est. value
$495,000
OFFICE BUILDING
Est. value
$940,000
RESTAURANT
Est. value
$885,000
MEDICAL BUILDING
Est. value
$765,000
RETAIL STORES
Est. value
$570,000
AUTO REPAIR, GARAGE
Est. value
$520,000
WAREHOUSE, STORAGE
Est. value
$460,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
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
1990
Construction
STEEL FRAME
Heating
SPACE
Cooling
Yes
Lot
0.98 ac
Current owner
From public records · entity-resolved
Ksu3101sa LP
Entity
Free & Clear · 3 yrs held
Mailing address
2223 SHERWOOD LN, SALINA, KS 67401-6952
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2022
—
Ksu3101sa LP
Salina Storage LLC
Warranty Deed
—
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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