This exceptional 17.56-acre commercial land parcel presents a unique development opportunity in Lawrence, Kansas. Situated at the southwest corner of the K-10 and Bob Billings Parkway interchange, this property boasts unparalleled access to major highways, I-70 and K-10. The site is remarkably flat, clear of trees, and benefits from an existing 15-inch sanitary sewer line. A 16-inch waterline is conveniently located to the north. The property is currently on the western boundary of Lawrence city limits, but is included in the city's recently announced planned annexation, expanding development potential. This prime location offers easy access to the Lawrence school district, with a future school planned to the west. The asking price is $1,899,000, and the APN is 400343FA. This is a rare chance to acquire a large, well-situated parcel ready for immediate development, addressing Lawrence's current housing shortage. The property's flat terrain and existing infrastructure significantly reduce development costs and timelines. Detailed information regarding the city's annexation plans is available online. Don't miss this exceptional investment opportunity.
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.