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Property profile & analytics
OFF-MARKET Estimated value $19,630,000
Investment properties

1401 23rd St Lawrence, KS 66046-2700

132,486 SF 8.78 ac lot Built 2019
Entity Owned ~ Est. High Equity
Property ID
US33-0881888
Property summary
AI-generated overview

This exceptional mixed-use property, located at 1401 W 23rd St in Lawrence, Kansas, offers a versatile first-floor retail space ranging from 1,000 to 7,235 square feet. Situated in Douglas County, this single-tenant opportunity presents a unique chance to establish or expand your business in a vibrant Kansas community. The property's address is conveniently located at 1401 W 23rd St, Lawrence, KS 66046, providing excellent visibility and accessibility for customers. The flexible space is ideal for a variety of retail concepts, allowing for customization to suit specific business needs. The property type is classified as retail with a mixed-use designation, suggesting potential for diverse applications beyond traditional retail. This presents a compelling investment opportunity for businesses seeking a prominent location in a thriving market. The property's single-tenant occupancy simplifies management and provides a clear, focused environment for your operations. Its location in Lawrence, Kansas offers access to a strong local economy and a diverse customer base. The precise square footage can be tailored to meet the specific requirements of the tenant, offering flexibility and scalability. This is a rare opportunity to secure a well-positioned retail space in a desirable area of Lawrence. Interested parties are encouraged to inquire for further details and leasing options.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2019
Total area 132,486 SF
Lot 8.78 ac (382,457 SF)
APN 111-12-0-20-01-001.00-0
UPID US33-0881888
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Proxi Lawrence Apartment Complex
  • Proxi Lawrence Apartments Apartment Complex Student Housing Center
  • Insomnia Cookies (Bike/Boat/Book/etc) Store Bakery
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$21.10M
Comparable Approach Comparable
$18.16M
Blend (final) Blend
$19.63M
Owner & transaction history
Loch Stone Properties LLC
Loch Stone Properties LLC
since 2025
7 recorded transactions
2025
Price N/A
2025
Price N/A
2025
Price N/A
2025
Price N/A
2025
Price N/A
2022
Price N/A
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $21.0M +43.8%
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