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Property profile & analytics
OFF-MARKET
Retail space

2319 Louisiana St Lawrence, KS 66046-4719

3,120 SF 0.44 ac lot Built 1966
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US33-0890504
Property summary
AI-generated overview

This exceptional C-Class storefront property, located at 2319 Louisiana St in Lawrence, Kansas, presents a compelling investment opportunity. Boasting 2,323 square feet of net rentable space, this retail building sits on a substantial 19,166 square foot lot, offering ample room for expansion or outdoor use. Constructed in 1966, the property is zoned C-5, allowing for a wide range of commercial uses. The asking price is $499,000, translating to $214.81 per square foot. Alternatively, the property is available for lease at $4,000 per month on a NNN (Net, Net, Net) basis. This means the tenant is responsible for property taxes, insurance, and maintenance, making it an attractive option for investors seeking a low-maintenance income stream. The property's prime location in Lawrence, Kansas, within Douglas County, and its convenient address on Louisiana Street, near the intersection of 23rd and Louisiana, ensures high visibility and accessibility for potential customers. This is a rare opportunity to acquire a well-situated retail space in a thriving Kansas community. The zip code is 66046. The property's coordinates are 38.9421831 latitude and -95.2422892 longitude.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1966
Construction FRAME
Total area 3,120 SF
Lot 0.44 ac (19,166 SF)
APN 111-12-0-10-01-001.02-0
UPID US33-0890504
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
  • Smart Start of Kansas Auto Repair Shop Vehicle Inspection Center
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
Khusi Realty LLC · 1 yrs held
Khusi Realty LLC
since 2024
1 recorded transaction
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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