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    2925 9th St Salina, KS 67401-7881
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    Property profile & analytics

    2925 9th St, Salina, KS 67401-7881

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    • Turn key restaurants
    • 6,337 SF
    • 1.80 lot acres
    Off-Market
    Last Sale Mar 10, 2023
    Property ID
    US33-0798463
    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.

    Value Estimations
    $685,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 2925 9th St

    Year built
    1994
    Construction
    FRAME
    Lot size
    1.80 lot acres
    Property type
    Turn key restaurants
    APN
    087-36-0-30-12-003.00
    APU
    87360301200300

    Description

    This exceptional 6,446 square foot former restaurant, located at 2925 S 9th St, Salina, KS 67401, presents a prime redevelopment opportunity. Situated on a 1.8-acre lot, this unrestricted parcel boasts unparalleled visibility on a major retail corridor, positioned prominently in front of Target and Sam's Club, and directly across from Walmart and Lowe's. The property benefits from its proximity to Interstate 135, with easy access via on and off ramps just one block away. This high-traffic location sees 15,181 vehicles daily on 9th Street, complemented by significant traffic on nearby Schilling Road (9,575 vehicles) and I-135 (23,937 vehicles). The surrounding area demonstrates strong demographics, with a 1-mile radius boasting a population of 5,390 and an average household income of $83,032. Within 3 and 5-mile radii, the population expands to 28,466 and 46,142 respectively, with average household incomes of $69,612 and $69,600. The presence of Kansas Wesleyan University and Kansas State University Salina Aerospace and Technology Campus further enhances the area's appeal. Built in 1994, this property offers significant potential for a variety of retail uses, capitalizing on the substantial recent investment and development in the area. The asking price is $2,925,000 ($453.77 per square foot).


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $480,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $892,000
      Market price range: $520k - $1.15M
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $845,000
      Current use
      OFFICE BUILDING
      $900,000
      Change: +7% Conversion: Moderate
      MEDICAL BUILDING
      $730,000
      Change: -13% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Salina
    County
    Saline
    State
    Kansas
    Longitude
    -97.6119
    Latitude
    38.7851
    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
    $45,751
    $210,990
    $119,810
    $330,800
    -
    $843,960
    $479,240
    $1,323,200
    More about this property
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