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    Property profile & analytics

    901 Iowa St Lawrence, KS 66044-1836

    • Grocery and convenience stores
    • 21,772 SF
    • 1.79 lot acres
    OFF-MARKET
    Value Estimation
    $865,000
    Location Intelligence
    Property ID
    US33-0741209
    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

    • The Merc Co+op / Deli / Farmers' Market
    • Alvin's iga / Grocery Store
    • Mainstreet Credit Union / Atm / Mortgage Lender

    Property Details for 901 Iowa St

    Year built
    1966
    Lot size
    1.79 lot acres
    Property size
    21,772 SF
    Property type
    Grocery and convenience stores
    APN
    067-35-0-10-22-001.00-0
    APU
    673501022001000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $835,000

    • CAP approach

      CAP return
      Estimation
      6%
      $940,000
      6.5%
      $1,000,000
      7%
      $1,000,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,160,000
      Geo Method
      $940,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,000,000
      Retail
      $1,030,000
      Mixed-Use
      $1,065,000
      Hospitality
      $1,060,000
      Educational
      $985,000
      Residential Income
      $975,000
      Energy
      $870,000
      Income-Based Land
      $1,040,000
      Food Service
      $1,090,000

    Location Insight

    • Map
    • Local Demand
    City
    Lawrence
    County
    Douglas
    State
    Kansas
    Longitude
    -95.2613
    Latitude
    38.9676
    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
    $70,592
    $182,833
    $355,518
    $538,351
    -
    $731,330
    $1,422,070
    $2,153,400

    Comparable in this City

    • Value Estimation by Request
      1,430 SF

      1733 Massachusetts St

      CONVENIENCE STORE • 1,430 SF
      1733 Massachusetts St, Lawrence, KS 66044-4257
      View Details
    • Value Estimation by Request
      3,540 SF

      1801 2nd St

      CONVENIENCE STORE • 3,540 SF
      1801 2nd St, Lawrence, KS 66044-1019
      View Details
    • Value Estimation
      $1,090,000
      46,044 SF

      1740 Massachusetts St

      GROCERY, SUPERMARKET • 46,044 SF
      1740 Massachusetts St, Lawrence, KS 66044-4256
      View Details
    • Value Estimation by Request
      2,107 SF

      845 Mississippi St

      CONVENIENCE STORE • 2,107 SF
      845 Mississippi St, Lawrence, KS 66044-2660
      View Details
    • Value Estimation by Request
      1,440 SF

      920 2nd St

      CONVENIENCE STORE • 1,440 SF
      920 2nd St, Lawrence, KS 66044-1412
      View Details
    • Value Estimation by Request
      4,050 SF

      1030 3rd St

      CONVENIENCE STORE • 4,050 SF
      1030 3rd St, Lawrence, KS 66044-1430
      View Details

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    Similar Nearby for Lease

    • $1,300,000
      5,773 SF

      Turnkey Restaurant Space with Charm

      Renovated restaurant space in walkable, highly-visible area.
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    • $16 SF/Yr
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      5,044 SF retail space for lease in downtown Lawrence.
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    • $15 SF/Yr
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      7,735 SF retail space with historic charm available for lease.
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    • $22 SF/Yr
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      Lawrence Retail Space Available

      Retail space available for lease in Lawrence, Kansas.
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    • Contact for pricing
      3,992 SF

      Mixed-Use Property in University Heights

      Mixed-use property with retail space and residential apartments for rent.
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    • $3,000 /Mo
      1,505 SF

      Historic Storefront on Massachusetts Street

      Charming retail space near Granada and University of Kansas.
      1025 Massachusetts St, Lawrence, KS 66044
      View Details
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    901 Iowa St
    Lawrence, KS 66044-1836
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    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
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