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Property profile & analytics
OFF-MARKET
Land

4910 Legends Dr Lawrence, KS 66049

1.61 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.61-acre commercial lot, located at 4910 Legends Drive in Lawrence, Kansas, presents a unique investment opportunity. Situated in Douglas County, zip code 66049, this property boasts a highly desirable location on Legends Drive, just west of Wakarusa Drive – a main artery for Lawrence's thriving office and retail sectors. The lot offers convenient access to K-10 highway, situated less than two miles away, and is within three miles of the University of Kansas, ensuring high visibility and accessibility. The IBP zoning allows for a variety of commercial uses, making it ideal for developers or businesses seeking a strategic location within a dynamic commercial and residential area. The property's 70,131 square feet provide ample space for development, catering to a range of commercial ventures. Its proximity to the university and major roadways guarantees significant foot traffic and easy access for customers and employees. The asking price for this prime commercial land is $275,000, representing a compelling investment opportunity in a rapidly growing area. This location offers a blend of commercial activity and residential living, providing a robust customer base and a vibrant community atmosphere. Don't miss this chance to acquire a highly sought-after commercial property in a prime Lawrence location.

Property profile
Verified
Property type Land
Lot 1.61 ac (70,132 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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