Technical
Financial
Distress signals
Property profile

3025 S 9Th St Salina, KS 67401

FOR LEASE
Turn key restaurants
Property ID
US33-0740961
4,532 SF 1.4 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 4,532-square-foot freestanding commercial building presents a unique investment opportunity in Salina, Kansas. Situated on a 1.43-acre lot at 3025 S 9th St, this single-story, Class C building boasts a highly desirable location within the thriving 9th Street retail corridor. Built in 2015, the property is currently vacant and offers flexible zoning (PC-3), making it suitable for a variety of uses including retail, office, or restaurant. The building features an open floor plan, previously equipped with a bar, large kitchen, hoods, walk-in cooler and freezer, and a patio with outdoor seating. Ample parking is available with 92 spaces. This prime outparcel location benefits from exceptional visibility and proximity to major retailers such as Lowe's, Target, Walmart, Sam's Club, Tractor Supply, and several hotels and restaurants including Hilton Garden Inn, Courtyard by Marriott, Holiday Inn, Five Guys, Applebee's, Olive Garden, and others. The property's address is 3025 S 9th St, Salina, KS 67401, with a cross street of Schilling Road. The building has no elevators. This is a rare chance to acquire a well-located, versatile commercial property with significant potential.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Total area 4,532 SF
Lot 1.4 ac (60,984 SF)
APN 131-01-0-20-01-014.00
UPID US33-0740961

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Building Supply
  • Building Supply
  • Restaurant

Location

3025 S 9Th St Salina, KS 67401
Salina metro Census 1200 SALINA, KS MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$485k
CAP Approach CAP
by Request
Comparable Approach Comparable
$638k
Blend (final) Blend
$565k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Office building $645,000 +6.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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