925 Iowa StLawrence, KS 66044

Property Details for 925 Iowa St

Year built

1968

Lot size

4.65 AC

Property size (Sq ft)

28,036 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

067-35-0-10-22-002.00-0

APU

673501022002000

Description

This exceptional 3,200 square foot retail space is ideally situated at 925 Iowa Street in Lawrence, Kansas, within Douglas County. Currently vacant and ready for immediate occupancy, this single-tenant property presents a unique opportunity for businesses seeking a prominent location. The property boasts a CN2 zoning classification, offering flexibility for a variety of commercial uses. The building's total square footage is 3,200 square feet, all of which is available for lease. Its convenient location in Lawrence, Kansas, zip code 66044 (latitude 38.9670962, longitude -95.2619275), provides excellent visibility and accessibility for customers. The property is categorized as commercial retail and is perfect for a single tenant seeking a substantial space to establish or expand their business. This is a rare opportunity to secure a well-located, sizable retail space in a thriving Kansas community. The property is ready for immediate tenant improvements and customization to suit specific business needs. Interested parties are encouraged to inquire promptly to secure this prime retail location. All 3,200 square feet are available for lease.

• CAP approach

  CAP return

  Valuation

  6%

  $6,935,137

  6.5%

  $6,401,665

  7%

  $5,944,403

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,053,646

  Geo Method

  $5,053,646

• Alternative Use

  Use

  Valuation

  Residential

  $5,400,044

  Hospitality

  $4,946,411

  Educational

  $4,115,356

  Medical

  $4,256,890

  Retail

  $6,401,665

Location Insight

City

Lawrence

County

Douglas

State

Kansas

Latitude

38.9674

Longitude

-95.2624

CBSA code

29940

CBSA name

LAWRENCE, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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