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    1200 Biltmore Dr Lawrence, KS 66049

    Sponsored
    For Sale
    $2,500,000

    9,545 SF Medical Office Building - $2.5M

    Property size:
    9,545 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 9,545-square-foot medical office building, situated on a spacious 60,000-square-foot lot in West Lawrence, Kansas, presents a unique investment opportunity. Built in 2006 and zoned IBP, the property boasts a substantial layout perfectly suited for medical practices. The building features a large lobby and reception area, enhancing patient experience, along with two patient restrooms for added convenience. The extensive medical space includes 18 exam rooms, two nurse stations, six provider offices, and dedicated spaces for procedures and X-ray services. Two break rooms and two staff restrooms cater to the needs of the medical team. Accessibility is ensured through ADA compliance. Currently occupied by Free State Family Medicine, this free-standing building offers a turnkey solution for established or emerging medical practices seeking a well-equipped and strategically located facility. The property's ample lot size provides potential for future expansion or additional development. This is a rare opportunity to acquire a high-quality medical office building in a thriving Kansas community. The asking price is $2,500,000.

    Property Features for 1200 Biltmore Dr

    General Information

    Property type
    Medical offices
    Square Feet
    9,545 SF

    Building Details

    Year Built
    2006

    HighLights

    • $2,500,000 asking price for this medical office building.
    • 9,545 square foot building on a 60,000 square foot lot.
    • Located at 1200 Biltmore Dr, Lawrence, KS 66049.
    • Built in 2006, with IBP zoning.
    • Features 18 exam rooms, 6 provider offices, 2 nurse stations, and ample support space including break rooms and restrooms.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawrence
    County
    Douglas
    State
    Kansas
    Longitude
    -95.3100283
    Latitude
    38.9648507

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    FAQs

    What type of property is this?
    Medical office - 9,545 SF Medical Office Building - $2.5M
    Where is this medical office located?
    The property is located at 1200 Biltmore Dr Lawrence, KS.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: $2,500,000 asking price for this medical office building.; 9,545 square foot building on a 60,000 square foot lot.; Located at 1200 Biltmore Dr, Lawrence, KS 66049.
    Request Owner's contact information
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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
    1200 Biltmore Dr Lawrence, KS 66049
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