800 Lynn St Lawrence, KS 66044-4341
This exceptional 3.92-acre property in Lawrence, Kansas, presents a remarkable multifamily development opportunity. Located at 800 Lynn Street, 66044, this expansive parcel (170,949 sq ft) is comprised of two distinct tracts. Tract 1, already platted and ready for construction, encompasses 16 multi-family lots. Public Improvement Plans (PIPs) have been completed by GES, streamlining the development process and minimizing upfront infrastructure costs. This section is primed for immediate development. Tract 2, situated on the east side of the property, offers two larger lots suitable for multifamily or mixed-use projects, subject to site plan approval. The property is zoned RMO, allowing for a variety of development options. Given Lawrence's limited available land for development, this site represents a unique chance to contribute to the city's future growth. The asking price for this exceptional opportunity is $795,000. This property is an ideal investment for developers seeking to capitalize on the strong demand for housing in a thriving Kansas community. Don't miss this chance to shape the future of Lawrence.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.