2525 Ohio StSalina, KS 67401

  • Office properties
  • 11,750 SF
For Lease
$12.50/SF/YR View listing

Property Details for 2525 Ohio St

Year built
2006
Construction
FRAME
Lot size
1.30 AC
Property size (Sq ft)
11,750 SF
Property type
Office properties
APN
099-31-0-20-08-002.00
APU
99310200800200

Description

This exceptional 1,440-square-foot Class A office suite is located at 2525 S. Ohio St, Salina, KS 67401, near Magnolia Rd. Built in 2006, this single-story building offers a desirable traditional office layout, perfect for a variety of professional businesses. The suite boasts three private offices, a reception area, a workroom, and a kitchenette, providing ample space for both individual work and collaborative efforts. Four dedicated parking spaces are included, ensuring convenient access for employees and clients. The property sits on a 57,452-square-foot lot and is zoned C-1. Monument signage is available, offering excellent visibility and branding opportunities. The building features a total of 11,819 square feet, with the minimum divisible space being 1,440 square feet, and the maximum contiguous space also being 1,440 square feet. Currently, 1,440 square feet is vacant and available for lease. This location benefits from established co-tenants, including Edward Jones Investments, an ophthalmologist's office, and Vytelle Performance Lab. No elevators are present in this single-story building.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,030,618
    6.5%
    $1,874,417
    7%
    $1,740,530
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,184,463
    Geo Method
    $1,184,463
  • Alternative Use

    Use
    Valuation
    Residential
    $2,324,277
    Hospitality
    $2,129,025
    Educational
    $1,771,324
    Medical
    $1,832,242
    Retail
    $2,755,393

Location Insight

City
Salina
County
Saline
State
Kansas
Latitude
38.7948
Longitude
-97.5938
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
$42,529
$88,108
$219,393
$307,501
-
$352,430
$877,570
$1,230,000

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