1543 900Th Rd Lawrence, KS 66049
This exceptional 128-acre commercial and mixed-use land parcel presents a rare development opportunity in Lawrence, Kansas. Strategically located near the city limits with convenient access to K-10 and I-70 highways, this property offers unparalleled potential. The land comprises four parcels, with two owners. Parcels B and C must be purchased together, while Parcels A and D are available separately. However, Parcels A, B, and C are considered more valuable as a group. Significant infrastructure advantages include a 15-inch sanitary sewer line on Parcel B and a 16-inch waterline nearby. Parcel A includes a 51-acre conservation easement, providing a public benefit. The property also features public access points. This offering represents the largest and most desirable development land opportunity in Lawrence in over two decades. The City of Lawrence, recognizing the need for expansion and addressing a significant housing shortage, has recently shown increased interest in developing this area. This prime location, coupled with existing and planned infrastructure, makes this an ideal investment for developers seeking to capitalize on Lawrence's growth trajectory and future school development in the area. The asking price is $4,699,000. The property is situated at 1543 E 900th Rd, Lawrence, KS 66049, within the Lawrence School District.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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