Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    534 Michigan St Lawrence, KS 66044-1745

    • Parking lots & garages
    • 0.93 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 29, 2022
    Location Intelligence
    Property ID
    US33-0894744
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Parking lots & garages

    Property Details for 534 Michigan St

    Construction
    FRAME
    Lot size
    0.93 lot acres
    Property type
    Parking lots & garages
    APN
    067-25-0-40-19-017.00-0
    APU
    672504019017000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lawrence
    County
    Douglas
    State
    Kansas
    Longitude
    -95.2503
    Latitude
    38.9744
    CBSA code
    29940
    CBSA name
    LAWRENCE, KS METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $15,125
    $101,958
    $13,390
    $115,348
    -
    $407,830
    $53,560
    $461,390

    Comparable in this City

    • Value Estimation by Request
      0.71 Acres

      711 New Hampshire St

      PARKING LOT • 0.71 Acres
      711 New Hampshire St, Lawrence, KS 66044
      View Details
    • Value Estimation by Request
      0.40 Acres

      750 Vermont St

      PARKING LOT • 0.40 Acres
      750 Vermont St, Lawrence, KS 66044
      View Details
    • Value Estimation by Request
      1.41 Acres

      826 Vermont St

      PARKING LOT • 1.41 Acres
      826 Vermont St, Lawrence, KS 66044
      View Details
    • Value Estimation by Request
      0.05 Acres

      1600 Illinois St

      PARKING LOT • 0.05 Acres
      1600 Illinois St, Lawrence, KS 66044-4040
      View Details
    • Value Estimation by Request
      0.43 Acres

      10 6th St

      PARKING LOT • 0.43 Acres
      10 6th St, Lawrence, KS 66044
      View Details
    • Value Estimation by Request
      0.54 Acres

      210 7th St

      PARKING LOT • 0.54 Acres
      210 7th St, Lawrence, KS 66044
      View Details

    Similar Nearby for Sale

    • $3,500,000
      17,247 SF

      Lawrence Commercial Property For Sale

      Commercial property in Lawrence, Kansas, featuring dedicated parking and basement.
      623 Massachusetts St, Lawrence, KS 66044
      View Details
    • $1,450,000

      Historic Lawrence Bar & Restaurant

      Prime Downtown Location, High Potential
      623 Vermont St, Lawrence, KS 66044
      View Details
    • $825,000
      4,194 SF

      Prime Lawrence Restaurant - Turnkey Opportunity

      Established restaurant, 4,194 sq ft, vacant, $825,000
      1350 3Rd St, Lawrence, KS 66044
      View Details
    • $1,300,000
      17,190 SF

      Downtown Lawrence Retail Gem

      Historic storefront, 17,190 SF, $1.3M
      1001-1003 Massachusetts St, Lawrence, KS 66044
      View Details
    • $5,000,000
      44,000 SF

      Prime Lawrence Redevelopment Opportunity

      Downtown Lawrence Office/Retail, High Potential
      1 Riverfront Plz, Lawrence, KS 66044
      View Details
    • $1,640,000
      2,952 SF

      Lawrence Retail Building For Sale

      NNN leased retail investment opportunity in downtown Lawrence, Kansas.
      8 W 8Th St, Lawrence, KS 66044
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      74,484 SF

      Lawrence, KS Office Space for Lease

      Prime Lawrence location, mixed-use building, flexible space.
      901 New Hampshire St, Lawrence, KS 66044
      View Details
    • $1,300,000
      5,773 SF

      Turnkey Restaurant Space with Charm

      Renovated restaurant space in walkable, highly-visible area.
      619 Massachusetts St, Lawrence, KS 66044
      View Details
    • $8,400 /Mo
      200 SF

      Downtown Lawrence Salon Suites

      Modern Suites, Vibrant Location, All-Inclusive
      911 Massachusetts St, Lawrence, KS 66044
      View Details
    • $12 SF/Yr
      9,312 SF

      Downtown Lawrence Retail/Office Space

      Prime Location, Two Suites Available
      646 Vermont St, Lawrence, KS 66044
      View Details
    • Contact for pricing
      5,200 SF

      Downtown Lawrence Restaurant/Bar with Patio

      Renovated restaurant/bar with patio in walkable downtown Lawrence, KS.
      815 New Hampshire St, Lawrence, KS 66044
      View Details
    • $6,900 /Mo
      5,184 SF

      Turn-Key Restaurant with Outdoor Potential

      Spacious restaurant with bar, large kitchen, and dining area.
      805 New Hampshire St, Lawrence, KS 66044
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    534 Michigan St
    Lawrence, KS 66044-1745
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.