New search
Property profile & analytics
FOR LEASE
Strip malls
4801 Bauer Farm Dr Lawrence, KS 66049
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US33-0910115
For Lease
1 / 4
$31 SF/Yr
4801 Bauer Farm Dr, Lawrence, KS 66049
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2010
Total area
10,013 SF
Lot
1.05 ac (45,738 SF)
APN
068-28-0-40-10-003.00-0
UPID
US33-0910115
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
-
Smallcakes Lawrence Bakery Specialty Food Shop
-
T-Mobile Authorized Retailer Mobile Phone Store Electronics & Wireless Store
-
t. Loft Cafe & Coffee Shop
-
Humble Donut Co. Bakery Discount Store
-
Smallcakes Kansas, LLC Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$680k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$600k
Blend (final)
Blend
$640k
Owner & transaction history
Flm Lawrence Investments LLC · 1 yrs held
Flm Lawrence Investments LLC
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+147.9%
Auto repair, garage
$1.0M
+136.3%
Office building
$920,000
+114.9%
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
$680,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$430,000
Current use
MEDICAL BUILDING
$1,060,000
Change: +148% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,015,000
Change: +136% · Conversion: Difficult
OFFICE BUILDING
$920,000
Change: +115% · Conversion: Moderate
RETAIL STORES
$905,000
Change: +111% · Conversion: Easy
WAREHOUSE, STORAGE
$655,000
Change: +52% · Conversion: Difficult
Blend value · Realmo final
$640k
Range $576k – $704k · ±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
$64 / 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
$102,701
Tax year 2023
Assessed value
$781,650
Assessed 2023
Previous assessed
$781,650
+0.0% YoY
Effective rate
13.14%
On assessed value
Assessed land
$279,330
Assessed improvement
$502,320
Land market value
$1,117,320
Improvement market value
$2,009,280
Total market value
$3,126,600
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
2010
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
10,013 SF
Lot
1.05 ac (45,738 SF)
APN
068-28-0-40-10-003.00-0
UPID
US33-0910115
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$430,000
MEDICAL BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.0M
OFFICE BUILDING
Est. value
$920,000
RETAIL STORES
Est. value
$905,000
WAREHOUSE, STORAGE
Est. value
$655,000
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
2010
Heating
YES
Cooling
Yes
Stories
1
Lot
1.05 ac
Current owner
From public records · entity-resolved
Flm Lawrence Investments LLC
Entity
Mailing address
8441 E 32ND ST N STE 200TH WICHITA
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2025
—
Flm Lawrence Investments LLC
General Financial Services INC
Special Warranty Deed
—
Oct 19, 2022
—
General Financial Services INC
S&b Security LLC
Warranty Deed
—
Jun 7, 2021
—
S&b Secutity LLC
—
Deed
related
$2,463,932 · Central Bank Of The Midwest
Sep 16, 2020
—
S&b Security LLC
—
Deed
related
$250,000 · Intrust Bank NA
Apr 17, 2019
—
S&b Security LLC
—
Deed
related
$300,000 · Intrust Bank NA
Jan 12, 2018
—
Sanders LP
—
Deed
related
$20,000 · Intrust Bank NA
Jun 30, 2017
—
Sanders LP
Bauer Farm Retaril 1 LLC
Warranty Deed
$2,000,000 · Intrust Bank NA
Oct 12, 2009
—
Bauer Farm Retail Pad 1 LLC
Free State Holdings INC
Warranty Deed
$1,897,500 · Pinnacle Bank
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.
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?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
