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
FOR SALE
Strip malls

2525 Iowa St Lawrence, KS 66047

91,075 SF 5.39 ac lot Built 1974
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US33-0829309
Property summary
AI-generated overview

Lawrence Marketplace offers two exceptional retail spaces for lease, ideally situated in Lawrence's premier retail corridor. One space comprises 5,791 square feet, previously used as a dog training facility, while the second is a substantial 36,321 square foot big-box unit. These spaces are contiguous to an existing 42,112 square foot building, presenting significant expansion or consolidation opportunities. The property boasts excellent visibility and accessibility, enjoying easy access to Iowa Street, a major thoroughfare with over 23,500 cars passing daily (CPD). This strategic location places the property between the University of Kansas and K-10 Highway, ensuring high traffic volume and exposure to a diverse customer base. The property is categorized as multi-tenant retail space within Douglas County. The combined square footage of the available spaces provides a unique opportunity for businesses seeking significant retail presence in a high-demand area. Whether seeking a smaller space for a specialized business or a larger footprint for a major retailer, Lawrence Marketplace offers a compelling opportunity to establish or expand within a thriving commercial environment. The property's location within a well-established retail area guarantees high visibility and accessibility, making it an attractive option for a wide range of businesses. The contiguous nature of the available spaces and the presence of an adjacent building offer considerable flexibility for future development and expansion.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1974
Total area 91,075 SF
Lot 5.39 ac (234,788 SF)
APN 111-11-0-10-05-001.00-0
UPID US33-0829309
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
  • Office Depot Print & Copy Services (Bike/Boat/Book/etc) Store Printing Service
  • Wagmore Parking Lot & Garage
  • CDReload - Online Bitcoin ATM Crypto Atm Atm
  • Foods Co Grocery & Convenience Store Food Market
  • HuHot Mongolian Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.35M
Owner & transaction history
Melross Kansas Holdings LLC · 4 yrs held
Melross Kansas Holdings LLC
since 2022
2 recorded transactions
2022
Price N/A
2014
Price N/A
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?”
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