Property profile

1200 Biltmore Dr Lawrence, KS 66049

OFF-MARKET
Office Spaces
9,545 SF Built 2006
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office Spaces
Year built 2006
Total area 9,545 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1200 Biltmore Dr Lawrence, KS 66049
Lawrence metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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