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Property profile & analytics
OFF-MARKET
Commercial real estate

725 2nd St N N Ste Lawrence, KS 66044-1475

2,700 SF 0.15 ac lot Built 2005
Individually Owned 13-yr Hold ~ Est. High Equity
Property ID
US33-1011276
Property summary
AI-generated overview

This exceptional 2,900 square foot flex-office condo at 725 N. 2nd Street, Suite A, Lawrence, Kansas, presents a unique investment opportunity. Situated conveniently just south of I-70, this property offers easy access to downtown Lawrence and the University of Kansas, ensuring high visibility and convenient access for employees and clients. The single-tenant occupancy provides stability and ease of management. The well-designed space includes a welcoming reception area complete with a restroom, catering to professional needs. A significant feature is the inclusion of an industrial space, boasting a 14-foot garage door, perfect for loading, unloading, or specialized equipment. Upstairs, a versatile second-floor office/showroom area provides ample space for presentations, displays, or additional administrative functions. This area also includes valuable storage space, maximizing the functionality of the property. The property's address is 725 N 2nd St, Lawrence, KS 66044. This flex-space condo is perfect for a variety of businesses seeking a blend of office and industrial functionality in a prime Lawrence location. The property is a single-tenant office condo, offering a streamlined ownership experience. Its strategic location and versatile layout make it an attractive option for businesses seeking a high-quality, well-maintained space.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL CONDOMINUIM
Year built 2005
Total area 2,700 SF
Lot 0.15 ac (6,534 SF)
APN 079-30-0-20-02-003.28-2
UPID US33-1011276
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
  • Lynn Electric Electrical Service General Contractor
  • Millard Management Insurance Agency
  • Douglas County CASA, Inc. Charitable Organization Social Service Agency
  • G Force Athletics Gym & Fitness Center
  • Hour Glasses Optical and Lab Ophthalmologist (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Bruce S Liese · 13 yrs held
Bruce S Liese
since 2012
1 recorded transaction
2012
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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