0 Bob Billings Pkwy & Research Park Dr Lawrence, KS 66049
Exceptional investment opportunity in Lawrence, Kansas, featuring multiple land parcels ideal for diverse commercial and industrial uses. These properties, zoned Industrial Business Park (IBP), offer a range of sizes and price points to suit various development needs. The parcels are strategically located at the intersection of Bob Billings Parkway and Research Park Drive in Douglas County, with convenient access to key infrastructure and amenities. Available lots include a 1.6-acre parcel at 5035 Bob Billings Parkway listed at $295,000, a 1.4-acre parcel at 4945 Research Park Way priced at $185,000, and a 1.58-acre parcel at 4940 Research Park Way for $240,000. Additionally, a 2-acre lot is available on Bob Billings Parkway for $305,000. Permitted uses under the IBP zoning include community facilities, healthcare clinics, active and indoor recreation, veterinary services, restaurants, and office spaces, among many others. The total acreage available across all parcels is approximately 2.8 acres, encompassing roughly 121,968 square feet of land. This presents a unique chance to acquire prime real estate in a thriving Kansas community. Contact us today to explore these exceptional development opportunities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.