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Property profile & analytics
OFF-MARKET Estimated value $670,000
Warehouses

4910 Wakarusa Ct Lawrence, KS 66047-1856

7,200 SF 0.62 ac lot Built 2001
Individually Owned 7-yr Hold ~ Est. High Equity
Property ID
US33-0869710
Property summary
AI-generated overview

This exceptional warehouse property, located at 4910 Wakarusa Court in Lawrence, Kansas, offers a prime opportunity for businesses seeking flexible industrial space. Situated in Douglas County, this multi-tenant building provides units ranging from a minimum of 3,600 square feet to a maximum contiguous space of 7,200 square feet, catering to a variety of operational needs. The property's convenient location in Lawrence, Kansas, offers easy access to major transportation routes, ensuring efficient logistics and distribution. The warehouse is classified as industrial and is ideal for businesses requiring adaptable space for storage, manufacturing, or distribution. The address is 4910 Wakarusa Ct, Lawrence, KS 66047. This listing presents a unique chance to secure a well-located, functional warehouse space in a thriving Kansas community. The property's design allows for efficient use of space, maximizing productivity and operational efficiency. With its versatile layout and strategic location, this warehouse is perfectly suited for a range of industrial businesses seeking to establish or expand their operations in the Lawrence area. The available space is ready for immediate occupancy, providing a seamless transition for businesses seeking a new home. Contact us today to learn more about this exceptional opportunity.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2001
Total area 7,200 SF
Lot 0.62 ac (27,007 SF)
APN 112-04-0-30-01-006.01-0
UPID US33-0869710
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
  • Kondition Haus Gym & Fitness Center
  • SchneiderFIT Gym & Fitness Center
  • Webb Physical Therapy Medical Clinic
  • The Bridge - Bodywork & Wellness Alternative Medicine Practice Spa & Massage Center
  • Equicast Inc Metal Fabrication Plant General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$455k
CAP Approach CAP
$900k
Comparable Approach Comparable
$655k
Blend (final) Blend
$670k
Owner & transaction history
Stephen M Ruttinger · 7 yrs held
Stephen M Ruttinger
since 2018
1 recorded transaction
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $960,000 +104.4%
Commercial (general) $790,000 +68.7%
Medical building $765,000 +62.7%
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