Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    1101 Indiana St Lawrence, KS 66044

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1101 Indiana St Lawrence, KS 66044

    View on Map
    • High-rise multifamily apartments
    • 467,472 SF
    • 5.06 lot acres
    For Lease
    $9,335,000
    View Listing →
    Mixed-Use Retail and Office Space For Lease
    $9,335,000

    Mixed-Use Retail and Office Space

    In-line retail and office spaces available for lease.

    1101 Indiana St, Lawrence, KS 66044
    View Listing
    Property ID
    US33-0889828
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • HOTWORX Lawrence / Gym & Fitness Center

    Property Details for 1101 Indiana St

    Year built
    2015
    Lot size
    5.06 lot acres
    Property size
    467,472 SF
    Property type
    High-rise multifamily apartments
    APN
    067-36-0-40-02-001.06-0
    APU
    673604002001060

    Description

    This exceptional Lawrence, Kansas property, located at 1101 Indiana Street, offers a unique opportunity for businesses seeking vibrant office space. Situated within the HERE, a luxury mixed-use development, this seven-story building boasts a prime location adjacent to the University of Kansas football stadium and conference center redevelopment. The building was constructed in 2015 and is zoned MU-PD-UC. The available spaces are categorized as Traditional Office, Coworking, and Creative Office, catering to diverse business needs. Four individual spaces ranging from 1,102 to 2,213 square feet are currently available for lease. This presents a significant advantage, providing immediate access to a built-in customer base of 624 students residing in the adjacent luxury student housing complex, along with other nearby residential and student housing options. The property's multi-tenant structure ensures a dynamic and collaborative environment. This is an ideal location for businesses seeking high visibility and a strong connection to the thriving University of Kansas community. The property type is listed as Retail and Office. Douglas County location and 66044 zip code provide easy access to amenities and transportation.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lawrence
    County
    Douglas
    State
    Kansas
    Longitude
    -95.2435
    Latitude
    38.9632
    CBSA code
    29940
    CBSA name
    LAWRENCE, KS METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $716,053
    $153,249
    $5,307,553
    $5,460,802
    -
    $1,258,710
    $43,947,490
    $45,206,200

    Comparable in this City

    • Value Estimation
      $1,205,000
      43,480 SF

      1101 Vermont St

      HIGH-RISE APARTMENTS • 43,480 SF
      1101 Vermont St, Lawrence, KS 66044-3379
      View Details
    • Value Estimation
      $5,275,000
      69,215 SF

      901 New Hampshire St

      HIGH-RISE APARTMENTS • 69,215 SF
      901 New Hampshire St, Lawrence, KS 66044-3043
      View Details
    • Value Estimation
      $4,365,000
      90,126 SF

      1700 Massachusetts St

      HIGH-RISE APARTMENTS • 90,126 SF
      1700 Massachusetts St, Lawrence, KS 66044-4256
      View Details
    • Value Estimation
      $1,205,000
      41,968 SF

      900 Delaware St

      HIGH-RISE APARTMENTS • 41,968 SF
      900 Delaware St, Lawrence, KS 66044-2734
      View Details
    • Value Estimation by Request
      5,493 SF

      800 New Hampshire St Sta, Unit A

      HIGH-RISE APARTMENTS • 5,493 SF
      800 New Hampshire St Sta, Lawrence, KS 66044-2796
      View Details
    • Value Estimation by Request
      1,065 SF

      800 New Hampshire St Ste, Unit 120

      HIGH-RISE APARTMENTS • 1,065 SF
      800 New Hampshire St Ste, Lawrence, KS 66044-3015
      View Details

    Similar Nearby for Sale

    • New
      $229,900
      0.17 Acres

      Updated Duplex with Income Potential

      Well-maintained duplex with recent upgrades, ideal for investors/owner-occupants.
      1219 Brook St, Lawrence, KS 66044
      View Details
    • Contact for pricing
      45,000 SF

      Versatile Riverfront Plaza Opportunity

      45,000 SF space suitable for office, retail, or multifamily.
      Side 1 Riverfront Plaza/East, Lawrence, KS 66044
      View Details
    • Contact for pricing
      14,197 SF

      Iconic Former Masonic Temple

      Unique opportunity with three floors of usable space.
      1001-1003 Massachusetts St, Lawrence, KS 66044
      View Details
    • Contact for pricing

      Riverfront Plaza Office Conversion Opportunity

      Office building with 90,000 SF available in Lawrence, Kansas.
      1 Riverfront Plz, Lawrence, KS 66044
      View Details
    • Contact for pricing
      17,190 SF

      Iconic Masonic Temple For Sale

      Historic Masonic Temple with unique finishes and prime location.
      1001 Massachusetts St, Lawrence, KS 66044
      View Details
    • Contact for pricing

      North Lawrence Land for Lease

      6.4 acres of land available in North Lawrence.
      936 N 3Rd St, Lawrence, KS 66044
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,992 SF

      Mixed-Use Property in University Heights

      Mixed-use property with retail space and residential apartments for rent.
      1420 Crescent Rd, Lawrence, KS 66044
      View Details
    • Contact for pricing

      Mixed-Use Building with Apartments

      Mixed-use building featuring apartments and professional office space for rent.
      901 New Hampshire St, Lawrence, KS 66044
      View Details
    • Contact for pricing

      Downtown Lawrence Retail Space Available

      High-visibility retail space in downtown Lawrence with consistent foot traffic.
      647 Massachusetts St, Lawrence, KS 66044
      View Details
    • Contact for pricing

      Downtown Lawrence Retail Space

      Renovated retail space in Downtown Lawrence, ready for pop-up.
      938 Massachusetts St, Lawrence, KS 66044
      View Details
    • Contact for pricing

      Downtown Lawrence Retail Spaces Available

      Retail spaces for lease in Downtown Lawrence.
      745 New Hampshire St, Lawrence, KS 66044
      View Details
    • Contact for pricing
      2,845 SF

      Downtown Lawrence Retail Space Available

      Spacious retail space in vibrant Downtown Lawrence with heavy foot traffic.
      943 Massachusetts St, Lawrence, KS 66044
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1101 Indiana St
    Lawrence, KS 66044
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!