Financial
Distress signals
Property profile

1350 N 3Rd St Lawrence, KS 66044

FOR SALE
Turn key restaurants
Property ID
US33-0838902
4,194 SF 0.86 ac lot Built 1995
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 4,194 square foot restaurant in Lawrence, Kansas, presents a unique turnkey opportunity. Located at 1350 N. 3rd Street, this single-tenant property boasts a spacious, open-concept layout ideal for a variety of culinary ventures. An optional indoor stage and dance floor add versatility, while a large outdoor patio complete with a covered bar provides ample space for al fresco dining and entertainment. The property benefits from excellent visibility and convenient access,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$14k
Tax billed · 2023
Assessed value$103k
Assessed land$24k
Assessed improvement$79k
Effective rate13.19%

Value estimate

· Sep 2026
$360k
$324k – $396k
AI approach$350k
NOI build-up
Gross scheduled income$86k
Vacancy & credit loss−$3k
Operating expenses−$21k
NOI · 7.97% cap applied$62k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
7.97%
$62k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionDOUGLAS

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service9.5
Restaurant9.3
Plumbing Service8.9

Location

1350 N 3Rd St Lawrence, KS 66044
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

16 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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