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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Office buildings
2500 6th St Lawrence, KS 66049-2447
Entity Owned
Absentee Owner
Free & Clear
Property ID
US33-0829303
Property summary
AI-generated overview
This exceptional office property, located at 2500 W. 6th St., Lawrence, KS, offers three newly renovated suites ranging from 505 to 1,425 square feet. Situated in a thriving business district, this Class B property boasts a prime location with a brand-new Starbucks directly across the street on W 6th St. The property features two buildings, each two stories high, totaling 28,409 square feet on one acre of land. Built in 1987 and extensively renovated in 2022, the property offers modern amenities and a comfortable work environment. The flexible space caters to various business needs, accommodating coworking, traditional office, and creative office setups. Multiple tenancies are available. On-site management ensures smooth operations, and ample free parking is provided for tenants and their clients. Monument signage is available for enhanced visibility. The property is zoned RSO and its Douglas County APN is 023-067-26-0-40-02-006.00-0. This is a fantastic opportunity to establish or expand your business in a vibrant and convenient location.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1973
Construction
FRAME
Total area
10,218 SF
Lot
0.94 ac (40,946 SF)
APN
067-26-0-40-02-006.00-0
UPID
US33-0829303
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
-
Kansas Wildscape Foundation Charitable Organization
-
UFO Beauty Cosmetic Store
-
MRT Detox Helpline Center Gym & Fitness Center Alternative Medicine Practice
-
The Bureau of Lectures and Concert Artists, Inc. Theater & Performing Art Venue
-
Good Morning Clothing Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$505k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$629k
Blend (final)
Blend
$565k
Owner & transaction history
2500 WEST 6TH STREET LLC
2500 WEST 6TH STREET LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lawrence submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lawrence submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$505,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$940,000
Current use
RETAIL STORES
$925,000
Change: -2% · Conversion: Moderate
Blend value · Realmo final
$565k
Range $509k – $622k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$55 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$18,597
Tax year 2023
Assessed value
$141,826
Assessed 2023
Previous assessed
$141,826
+0.0% YoY
Effective rate
13.11%
On assessed value
Assessed land
$64,268
Assessed improvement
$77,558
Land market value
$257,070
Improvement market value
$310,230
Total market value
$567,300
Applied tax rate
41.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1973
Construction
FRAME
Heating
HEAT PUMP
Cooling
AC.PACKAGE
Stories
2
Units
8
Total area
10,218 SF
Lot
0.94 ac (40,946 SF)
APN
067-26-0-40-02-006.00-0
UPID
US33-0829303
Jurisdiction
DOUGLAS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$940,000
RETAIL STORES
Est. value
$925,000
OFFICE BUILDING Current
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1973
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Units
8
Lot
0.94 ac
Current owner
From public records · entity-resolved
2500 WEST 6TH STREET LLC
Entity
Free & Clear · 0 yrs held
Mailing address
317 6TH AVE STE #910, DES MOINES, IA 50309-4120
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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