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Food-Grade Manufacturing Facility
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2205 Haskell Ave, Lawrence, KS 66046

Production building with 3-phase power, dock access, offices, and employee parking.

Property Size7,788 SF
Price / SF$114.92
Days on Market207

Property Features for 2205 Haskell Ave

General Information

Standard status Active
Size 7,788 SF
Property subtype Office, Industrial, Mixed Use
Zoning IG

Warehouse & Industrial

Dock-High Doors 1
Power 200 amps
Three-Phase Power Yes

Additional Details

Highway Access Yes

Building Details

Year Built 1951
Year Renovated 2013
Buildings 1
Stories 1
Listing Agency: Foundations Commercial Real Estate
Listed By: Kirsten Flory · License #SP00220332
Source: Crexi
Added: Mar 24 Changed: Oct 9 Last Checked: Oct 16 at 9:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Foundations Commercial Real Estate

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Investment Insights

Based on property information with market context.

The 7,788-square-foot manufacturing facility supports food-grade production and includes dedicated office space, secure access, a dock door, and employee parking. Built in 1951, the building is equipped with 3-phase power and 200-amp electrical service, with IG zoning supporting its industrial setting.

The property is located at 2205 Haskell Ave in Lawrence, Kansas, just north of 23rd and Haskell. Its position provides access to K-10 Highway and places the facility within an established commercial area. The combination of production space, utility capacity, loading access, and office support creates a functional layout for manufacturing operations.

Key Highlights

  • 7,788‑square‑foot food‑grade production facility
  • 3‑phase power with 200‑amp electrical service
  • Dock door and secure access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$52,214
Cap Rate
5.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,044,280 $1.0M
Cap Rate 7%
$745,914 $745.9K
Cap Rate 9%
$580,156 $580.2K
Market Conditions
NOI Build-Up for 7,788 SF
Gross rent
$79.4K $10.20/SF
− Vacancy
−$4.8K −$0.62/SF
EGI
$74.6K $9.58/SF
− OpEx
−$22.4K −$2.87/SF
NOI
$52.2K $6.70/SF
Area
Douglas County, KS
Vacancy
6.10%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,044,280
Cap Rate 7%
$745,914
Cap Rate 9%
$580,156

Alternative Uses

Best Use
Flex RnD
$1.59M
$1.39M – $1.85M (±1% cap)
NOI $111,230 @ 7.0% cap · market cap 12.43%
Second Best
Industrial
$745.9K
$652.7K – $870.2K (±1% cap)
NOI $52,214 @ 7.0% cap · market cap 5.83%
Theoretical Best
Retail
$2.29M
$2.01M – $2.67M (±1% cap)
NOI $160,426 @ 7.0% cap · market cap 17.92%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Hilary's Eat Well Food Processing Plant Free2B Foods Industrial Manufacturer Ancient Grains, LLC Bakery

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Hair Salon Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Dock-high doors
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

559
Businesses Nearby

Demographics for 66046, KS

19,903
Population
9,452
Households
2.1
Avg Household Size
31
Median Age
46%
College-Educated
96%
High-School Grad
40.8 sq mi
ZIP Area
488
Density / Sq Mi
$58,798
Median Household Income
$31,546
Median Earnings
$937
Median Rent
$217,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Manufacturing property - Production building with 3-phase power, dock access, offices, and employee parking.
Where is this manufacturing property located?
The property is located at 2205 Haskell Ave Lawrence, KS.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 7,788‑square‑foot food‑grade production facility; 3‑phase power with 200‑amp electrical service; Dock door and secure access
(785) 766-6568 Call to check price and availability
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