Property profile

2500 6th St Lawrence, KS 66049

OFF-MARKET
Office buildings
Property ID
US33-0829303
10,218 SF 0.94 ac lot Built 1973
Entity Owned Absentee Owner Free & Clear
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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

Current use

Occupant on record · Public records
  • Charitable Organization
  • Cosmetic Store
  • Gym & Fitness Center Alternative Medicine Practice
  • Theater & Performing Art Venue
  • Clothing Store

Location

2500 6th St Lawrence, KS 66049-2447
Lawrence metro Census 604 LAWRENCE, KS METROPOLITAN STATISTICAL AREA
Google Maps

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

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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