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    1420 Crescent Rd Lawrence, KS 66044

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    For Lease
    Contact for pricing

    Mixed-use property with retail space and residential apartments for rent.

    Property size:
    3,992 SF
    Lot size:
    0.49 Acres

    Property Features for 1420 Crescent Rd

    General Information

    Size
    3,992 SF
    Lot size
    0.49 Acres

    Source: Elevate Property Advisors Agent Wendy Brand

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

    Overview

    Mixed-Use Property in University Heights

    This mixed-use property offers 11,852 square feet of space on a 42,200 square foot lot. The property features a two-story open atrium retail space, with 5,460 square feet on the first floor and 3,992 square feet on the second floor. There are 35 parking spaces available. The upper level contains two residential apartments, one of which is currently available for rent and has been recently renovated with high-end finishes and upgrades. Located in the desirable University Heights neighborhood, the property benefits from high foot traffic and is immediately adjacent to five fraternities and sororities. It is also in close proximity to public transportation, shopping, restaurants, and Allen Fieldhouse. The zoning is mixed-use.
    Insight Report Location Intelligence

    Current Use by Public Records

    Jayhawk Apartments Apartment Building

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawrence
    County
    Douglas
    State
    Kansas
    Longitude
    -95.2519774
    Latitude
    38.9590605

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with retail space and residential apartments for rent.
    Where is this mixed-use property located?
    The property is located at 1420 Crescent Rd Lawrence, KS.
    What are key features of this property?
    This property features: - Desirable University Heights location with high foot traffic and proximity to amenities.; - 11,852 SF Mixed-Use property with retail space and residential apartments.; - Two-story Open Atrium Retail Space (5,460 SF & 3,992 SF).
    (913) 269-5556
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    1420 Crescent Rd Lawrence, KS 66044
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    Lawrence, KS 66044
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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
    1420 Crescent Rd Lawrence, KS 66044
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