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Property profile & analytics
OFF-MARKET Estimated value $3,530,000
Community centers

3106 Iowa St Lawrence, KS 66046-5233

96,860 SF 17.42 ac lot Built 1982
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US33-0840897
Property summary
AI-generated overview

Pine Ridge Plaza offers a fantastic retail opportunity in Lawrence, Kansas. This 235,000 square foot power center boasts a strong national tenant lineup including TJ Maxx, Michaels, Ross, and Kohl's, ensuring high foot traffic and brand synergy. The property is strategically located at the intersection of 31st and Iowa Street, a dominant retail corridor in Lawrence, less than five minutes from the University of Kansas campus. This high-visibility location benefits from nearly 38,000 vehicles per day passing by. Currently, a 2,190 square foot space is available, previously occupied as a restaurant. The space totals 2,910 square feet and presents a unique chance to establish or expand a business within a thriving college town known for its vibrant arts scene, live music venues, and rich history. Lawrence's dual university presence (University of Kansas and Haskell Indian Nations University) contributes to a robust and diverse consumer base. This is an exceptional opportunity to capitalize on the strong demographics and high traffic volume of this premier shopping center. The available space offers excellent visibility and is ready for immediate occupancy.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1982
Total area 96,860 SF
Lot 17.42 ac (758,815 SF)
APN 116-13-0-20-01-007.02-0
UPID US33-0840897
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
  • Michaels (Bike/Boat/Book/etc) Store
  • pOpshelf (Bike/Boat/Book/etc) Store
  • Burlington Baby Clothing Store Children'S Clothing Store
  • Pine Ridge Plaza Shopping Center & Mall
  • UPS Access Point location Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.53M
Owner & transaction history
Rcg Lawrence Pm LLC · 1 yrs held
Rcg Lawrence Pm LLC
since 2025
1 recorded transaction
2025
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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