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    Property profile & analytics

    2309 Iowa St Lawrence, KS 66046-3939

    • Motels
    • 27,317 SF
    • 2.80 lot acres
    OFF-MARKET
    Value Estimation
    $840,000
    Location Intelligence
    Property ID
    US33-0482857
    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.

    Current Use by Public Records

    • Quality Inn & Suites Lawrence - University Area / Hotel

    Property Details for 2309 Iowa St

    Year built
    1996
    Lot size
    2.80 lot acres
    Property size
    27,317 SF
    Property type
    Motels
    APN
    111-11-0-10-01-002.00-0
    APU
    1111101001002000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $840,000

    • CAP approach

      CAP return
      Estimation
      6%
      $960,000
      6.5%
      $920,000
      7%
      $860,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $955,000
      Geo Method
      $850,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,055,000
      Retail
      $1,070,000
      Mixed-Use
      $895,000
      Hospitality
      $875,000
      Educational
      $850,000
      Residential Income
      $870,000
      Energy
      $1,035,000
      Income-Based Land
      $960,000
      Food Service
      $970,000

    Location Insight

    • Map
    • Local Demand
    City
    Lawrence
    County
    Douglas
    State
    Kansas
    Longitude
    -95.2617
    Latitude
    38.9421
    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
    $88,623
    $312,040
    $361,138
    $673,178
    -
    $1,248,160
    $1,444,550
    $2,692,710

    Comparable in this City

    • Value Estimation
      $1,125,000
      50,751 SF

      2176 23rd St

      HOTEL • 50,751 SF
      2176 23rd St, Lawrence, KS 66046-5602
      View Details
    • Value Estimation
      $1,045,000
      45,124 SF

      3411 Iowa St

      HOTEL • 45,124 SF
      3411 Iowa St, Lawrence, KS 66046-5231
      View Details
    • Value Estimation by Request
      1.80 Acres

      800 24th St

      PARKING LOT • 1.80 Acres
      800 24th St, Lawrence, KS 66046-4417
      View Details
    • Value Estimation by Request
      2,612 SF

      523 23rd St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,612 SF
      523 23rd St, Lawrence, KS 66046-4709
      View Details
    • Value Estimation by Request
      20,000 SF

      1035 23rd St

      WAREHOUSE, STORAGE • 20,000 SF
      1035 23rd St, Lawrence, KS 66046-5003
      View Details
    • Value Estimation by Request
      8,488 SF

      2206 23rd St

      RETAIL STORES (PERSONAL SERVICES) • 8,488 SF
      2206 23rd St, Lawrence, KS 66046-5604
      View Details

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    • $2,500,000
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      Retail Anchor Space For Sale

      Prime retail space in Lawrence, Kansas, near University of Kansas.
      2329 Iowa St, Lawrence, KS 66046
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    • $3,520,000
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    Similar Nearby for Lease

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      Retail/office space with great signage and visibility in Lawrence, KS.
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      Retail spaces available in high-traffic Lawrence shopping center.
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      Prime Lawrence location, multiple spaces.
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    • $14 SF/Yr
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      Prime Lawrence Retail Space

      High-traffic center, spaces available
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    • $22 SF/Yr
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      Retail Space in Lawrence, Kansas

      Retail spaces available in high-traffic Lawrence shopping center.
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      View Details
    • $15 SF/Yr
      11,100 SF

      New Flex Space Available

      Flex/Industrial units for lease, easy highway access.
      1204 E 24Th St, Lawrence, KS 66046
      View Details

    Property Visit Statistics

    • Visits by month
      3.5k
    • Visitors by month
      1.2k
    • Avg Time on site
      512 min
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    2309 Iowa St
    Lawrence, KS 66046-3939
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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