Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Banks

    1600 23rd St, Lawrence, KS 66046-5014

    1,174 SF 1.44 ac lot Built 1995
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US33-0871774
    Property summary
    AI-generated overview

    This exceptional commercial land offering in Lawrence, Kansas, presents a unique investment opportunity. Located at 1600 E 23rd St, this property encompasses a sizable area ranging from 0.55 to 1.43 acres, providing ample space for various commercial ventures. The site is strategically positioned along a major thoroughfare, 23rd Street, which is undergoing significant road improvements slated for completion in Fall 2023. Upon completion, this area is projected to see approximately 25,000 vehicles daily, ensuring high visibility and accessibility for any business established here. The property is divided into two distinct lots. Lot 1 features the footprint of a former drive-thru bank building, offering potential for redevelopment or repurposing. Lot 2 presents a raw land pad, ideal for new construction tailored to specific business needs. This prime location in Douglas County, Kansas, zip code 66046, offers unparalleled potential for growth and return on investment, making it an attractive proposition for developers and entrepreneurs alike. The property's coordinates are 38.943184 latitude and -95.2150572 longitude.

    Property profile
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Year built 1995
    Total area 1,174 SF
    Lot 1.44 ac (62,726 SF)
    APN 103-05-0-30-12-009.01-0
    UPID US33-0871774
    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
    • U.S. Bank Branch Bank Loan Service
    • U.S. Bank ATM - Southeast Kansas Bank Check Cashing
    • U.S. Bank-Selene Zepeda-Ortiz-Mortgage Loan Officer Loan Service Bank
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    MERCANTILE BANK LAWRENCE NA
    MERCANTILE BANK LAWRENCE NA
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 1600 23rd St?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message