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    1421 Research Park Dr Lawrence, KS 66049

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    1421 Research Park Dr Lawrence, KS 66049


    • Office buildings
    • 22,697 SF
    • 6.20 lot acres
    Corporate Office Building For Rent For Lease
    $3,410,000

    Corporate Office Building For Rent

    Office building with park-like setting, easy highway access.

    1421 Research Park Dr, Lawrence, KS 66049
    View Listing
    Property ID
    US33-0497248
    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

    • Cobalt Iron / (Bike/Boat/Book/etc) Store / Corporate Office
    • Environmental Institute / Golf Instructor
    • Professional Renewal Center / Medical Clinic
    • The Golf Course Superintendents Association of America / Association / Organization
    • Ainstein / Engineer

    Property Details for 1421 Research Park Dr

    Year built
    1990
    Lot size
    6.20 lot acres
    Property size
    22,697 SF
    Property type
    Office buildings
    APN
    068-33-0-30-01-015.01-0
    APU
    683303001015010

    Description

    This exceptional executive office building, situated on a picturesque 6.2-acre site, offers two available suites ranging from 5,918 to 6,025 square feet. Built in 1990 and renovated in 1993, the property boasts a park-like setting with convenient access to major thoroughfares, I-70 and K-10. The building's total square footage is 73,845, providing ample space for a variety of business needs. Tenancy is multiple, allowing for flexibility and potential collaboration opportunities. Beyond the individual suites, tenants enjoy access to shared amenities including a versatile auditorium and a multi-purpose room, perfect for meetings, presentations, or events. Extensive parking is available on-site, ensuring convenient access for employees and clients. An attractive outdoor eating area, complete with a water feature, offers a tranquil setting and stunning views of Lawrence. The building's location west of Wakarusa, off Bob Billings Parkway, places it near a wealth of office and retail services, enhancing convenience and accessibility. This property presents a unique opportunity to establish a presence in a desirable and well-maintained office environment. Located in Douglas County, this building offers a blend of professional functionality and appealing aesthetics.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $3,675,000
      Market price range: $1.40M - $3.68M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $2,085,000
      Current use
      RESTAURANT
      $3,575,000
      Change: +71% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $2,495,000
      Change: +20% Conversion: Easy
      MEDICAL BUILDING
      $2,410,000
      Change: +15% Conversion: Easy
      AUTO REPAIR, GARAGE
      $2,295,000
      Change: +10% Conversion: Difficult
      RETAIL STORES
      $2,050,000
      Change: -2% Conversion: Moderate

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


    Location Insight

    • Map
    • Local Demand
    City
    Lawrence
    County
    Douglas
    State
    Kansas
    Longitude
    -95.3113
    Latitude
    38.9579
    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
    $187,805
    $210,658
    $1,221,593
    $1,432,251
    -
    $842,630
    $4,886,370
    $5,729,000
    View Listing
    More about this property
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