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Property profile & analytics
OFF-MARKET Estimated value $1,680,000
Office buildings

1440 Wakarusa Dr Lawrence, KS 66049-4090

10,782 SF 2 ac lot Built 1994
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US33-0830169
Property summary
AI-generated overview

This exceptional 1,800 square foot office space, located in West Lawrence, is immediately available for lease. Situated within a single-story, 28,000 square foot building constructed in 1994, this suite is perfect for medical or general office use. The property features a convenient waiting area, a reception desk, seven private offices providing ample space for staff and clients, a dedicated break room for employee comfort, and two restrooms. The suite is move-in ready, eliminating the need for extensive renovations or improvements. The building itself boasts a total of five suites and offers abundant parking with 57 spaces available for tenants and visitors. The minimum divisible space is 1,800 square feet, making this a highly desirable option for businesses seeking a well-maintained and functional workspace. This prime West Lawrence location provides excellent accessibility and visibility, making it an ideal choice for a variety of professional uses. The property's single-story design ensures easy navigation and accessibility for all. Don't miss this opportunity to secure this well-appointed and conveniently located office space.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1994
Total area 10,782 SF
Lot 2 ac (87,120 SF)
APN 068-33-0-40-07-004.02-0
UPID US33-0830169
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
  • Lawrence Internal Medicine, P.A. Physician
  • Dr. Kenneth K. Kimmel, MD Physician
  • Bloom Midwifery Birth Certificate Service Midwife
  • Langaker Michelle DO Physician
  • Rodrock Chiropractic Pa Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.70M
Blend (final) Blend
$1.68M
Owner & transaction history
Safe Harbour Eat V LLC · 5 yrs held
Safe Harbour Eat V LLC
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.7M +71.2%
Commercial (general) $1.2M +19.6%
Medical building $1.1M +15.4%
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