6th St & Hwy Lawrence, KS 66049
Two exceptional development parcels totaling approximately 23.5 acres are available in a rapidly expanding area of West Lawrence, Kansas. This prime real estate boasts convenient access to three major highways: US Highway 40, I-70, and Highway 10 (South Lawrence Trafficway), ensuring excellent connectivity and accessibility. The property is strategically located directly across from the new Rock Chalk Park and the recently completed LMH Health West Campus, providing immediate proximity to significant community amenities and a growing population base. Both lots are currently undeveloped, but utilities are readily available, simplifying the development process. The western lot (Lot A) encompasses approximately 5 acres, while the eastern lot (Lot B) comprises approximately 18.5 acres. The combined acreage offers a unique opportunity for large-scale development projects. The property is zoned AG and is offered at an attractive price of $1,995,000, translating to approximately $1.94 per square foot. This presents a compelling investment opportunity in a high-growth corridor of Lawrence, Kansas. The seller is Gateway, LLC.
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
Similar Nearby for Sale
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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.