4910 Legends Dr Lawrence, KS 66049
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.
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.