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Property profile

972 Rd Rd Lawrence, KS 66047

OFF-MARKET
Land
3 ac lot
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Property summary

AI-generated overview

This exceptional 3-acre agricultural property presents a unique opportunity for investors and developers alike. Located in Douglas County, Kansas, near the desirable city of Lawrence (zip code 66047), this land boasts convenient access to major roadways, ensuring easy commutes. The property is situated less than three miles from the recreational amenities of Clinton Lake, offering stunning views and proximity to outdoor activities. Furthermore, its location within the picturesque Wakarusa River Valley adds to its natural beauty and appeal. The lot is primarily accessible via hard-top roads, minimizing potential access challenges. A significant advantage is the availability of a water meter, simplifying the development process and reducing initial infrastructure costs. Priced competitively at $125,000, this buildable land parcel represents an excellent investment opportunity in a rapidly growing area. The property's agricultural designation opens doors to a variety of potential uses, from farming and ranching to potential future development projects, subject to local zoning regulations. Its proximity to Lawrence provides easy access to urban amenities while maintaining a tranquil rural setting. This is a rare chance to acquire a sizable, well-located parcel of land with significant potential. The coordinates are 38.8851891 latitude and -95.3730176 longitude.

Property profile

Verified
Property type Land
Lot 3 ac (130,680 SF)

Cap rate & NOI

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

Location

972 Rd Rd Lawrence, KS 66047
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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