1200 Biltmore Dr Lawrence, KS 66049
This exceptional 9,545-square-foot medical office building, situated on a spacious 60,000-square-foot lot in West Lawrence, Kansas, presents a unique investment opportunity. Built in 2006 and zoned IBP, the property boasts a substantial layout perfectly suited for medical practices. The building features a large lobby and reception area, enhancing patient experience, along with two patient restrooms for added convenience. The extensive medical space includes 18 exam rooms, two nurse stations, six provider offices, and dedicated spaces for procedures and X-ray services. Two break rooms and two staff restrooms cater to the needs of the medical team. Accessibility is ensured through ADA compliance. Currently occupied by Free State Family Medicine, this free-standing building offers a turnkey solution for established or emerging medical practices seeking a well-equipped and strategically located facility. The property's ample lot size provides potential for future expansion or additional development. This is a rare opportunity to acquire a high-quality medical office building in a thriving Kansas community. The asking price is $2,500,000.
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
Similar Nearby for Lease
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.