514 N Santa Fe Ave Salina, KS 67401
For Sale
1 / 12
This exceptional Salina, Kansas industrial property offers 16,611 square feet of flexible space, ideal for a variety of businesses. Situated on a substantial 51,026 square foot lot, this property boasts two buildings, each with unique features. The buildings, constructed in 1928, feature a single story with 13-foot ceilings, providing ample headroom for storage or manufacturing. One building includes a 780 square foot unique office space and a 2,500 square foot shop-warehouse area. Another building offers 900 square feet of office space, complete with an ADA-compliant bathroom/shower and kitchenette, along with a 2,420 square foot shop-warehouse area. A third building provides 7,900 square feet of warehouse space, a 100 square foot meeting room with bathroom, and access to a large fenced yard offering 41,000 square feet of storage or parking. The property features one loading dock and is zoned for Planned Development District and Industrial use, offering versatility for various business needs. High-quality electrical finishes are present throughout. The property is conveniently located on North Santa Fe in Salina, KS and is divisible to accommodate multiple tenants. This presents a rare opportunity to acquire a well-located and versatile industrial property with significant yard space in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.