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    4651 Bauer Farm Dr Lawrence, KS 66049

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    For Sale
    $1,772,000

    Freestanding retail property with strong lease and income potential.

    Property size:
    2,400 SF
    Lot size:
    0.65 Acres

    Property Features for 4651 Bauer Farm Dr

    General Information

    Size
    2,400 SF
    Lot size
    0.65 Acres

    Source: CP Partners Agent John Andreini

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lawrence Retail Investment Opportunity

    This freestanding retail property, constructed in 2019, offers an investment opportunity with over four years remaining in its base term and three, five-year extension options. The lease includes 10% rental increases at the start of each option period. The property benefits from standalone visibility on W 6th Street, which sees 23,000 vehicles per day. Located in an affluent submarket, the area boasts average household incomes of $115,000 within a one-mile radius. The property is situated in Lawrence, Kansas, home to the University of Kansas and its 30,700 students. The building features a 15-year roof warranty, with approximately 10 years remaining.
    Insight Report Location Intelligence

    Current Use by Public Records

    Verizon Internet Service Provider Verizon Business Services Internet Service Provider

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lawrence
    County
    Douglas
    State
    Kansas
    Longitude
    -95.3015268
    Latitude
    38.972251

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    FAQs

    What type of property is this?
    Storefront property - Freestanding retail property with strong lease and income potential.
    Where is this storefront property located?
    The property is located at 4651 Bauer Farm Dr Lawrence, KS.
    What is the asking price?
    The asking price for this property is $1,772,000.
    What are key features of this property?
    This property features: - Affluent submarket – **$115,000 average household incomes within a 1-mile radius**; - Standalone visibility on W 6th Street – **23,000 VPD**; - 4+ years remaining in the base term with three, 5-year extension options
    (415) 274-2715
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    4651 Bauer Farm Dr Lawrence, KS 66049
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4651 Bauer Farm Dr Lawrence, KS 66049
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