Technical
Financial
Distress signals
Property profile

600 22nd Ter Lawrence, KS 66046

OFF-MARKET
Warehouses
Property ID
US33-0870377
12,600 SF 0.89 ac lot Built 1978
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 12,600-square-foot warehouse in Lawrence, Kansas, presents a rare leasing opportunity. Situated on a substantial 39,295-acre lot at 600 E 22nd Terrace, 66046, this Class C industrial property offers significant advantages. Built in 1978 and renovated in 2013, the building boasts a single-tenant occupancy and features two loading docks and two 14-foot drive-in doors, ensuring efficient loading and unloading. The warehouse provides convenient access for trucks and ample parking for 25-40 vehicles. The building's dimensions are 125 feet by 100 feet, with a 600-square-foot mezzanine office space including a small break room. Two bathrooms are conveniently located within the building. The interior ceiling height offers excellent clearance, ranging from 14 feet at the walls to 16 feet at the center. The property is zoned M-2. Net-net charges are $2.00 per square foot. This property is ideal for businesses requiring substantial warehouse space, convenient loading capabilities, and ample parking in a prime Lawrence location.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1978
Total area 12,600 SF
Lot 0.89 ac (38,768 SF)
APN 103-06-0-40-09-004.00-0
UPID US33-0870377

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 Hardware & Home Improvement

Location

600 22nd Ter Lawrence, KS 66046-3113
Lawrence metro Census 1001 LAWRENCE, KS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$460k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$500k

Owner & transaction history

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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