Property profile

3106 Iowa St Lawrence, KS 66046

OFF-MARKET
Community centers
Property ID
US33-0840897
96,860 SF 17.42 ac lot Built 1982
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store
  • Clothing Store Baby Clothing Store
  • Shopping Center & Mall
  • Courier Service Postal Service

Location

3106 Iowa St Lawrence, KS 66046-5233
Lawrence metro Census 902 LAWRENCE, KS METROPOLITAN STATISTICAL AREA
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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

since 2025
1 recorded transaction
2025
Price N/A

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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