901 New Hampshire StLawrence, KS 66044

Property Details for 901 New Hampshire St

Year built

2011

Lot size

0.75 AC

Property size (Sq ft)

69,215 SF

Property type

High-rise multifamily apartments

APN

079-31-0-20-19-001.03-0

APU

793102019001030

Description

This exceptional mixed-use building, located at 901 New Hampshire Street in Lawrence, Kansas, offers a unique opportunity for businesses seeking prime office space. Constructed in 2011, the building boasts a total of 74,484 square feet and features a desirable traditional office layout. The property is situated on the southwest corner of E. 9th Street and New Hampshire Street, providing excellent visibility and accessibility. A significant advantage is its proximity to a large city parking garage with over 500 spaces, ensuring convenient parking for tenants and their clients. The building's mixed-use nature includes 55 apartments, creating a vibrant and active environment. Currently, there are two available office spaces ranging in size from 459 square feet to 5,774 square feet, offering flexibility to accommodate various business needs. The building is located in Douglas County, Kansas, with a zip code of 66044. This property presents a compelling opportunity for businesses seeking a well-located, modern, and versatile office space in a thriving Kansas community. The building's strategic location and ample parking make it an ideal choice for businesses seeking high visibility and convenient access for employees and clients. The multiple tenancy structure allows for a diverse range of businesses to coexist within the building.

• CAP approach

  CAP return

  Valuation

  6%

  $14,442,540

  6.5%

  $13,331,575

  7%

  $12,379,320

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,673,971

  Geo Method

  $7,673,971

• Alternative Use

  Use

  Valuation

  Residential

  $13,331,575

  Hospitality

  $12,211,651

  Educational

  $10,159,950

  Medical

  $10,509,367

  Retail

  $15,804,367

Location Insight

City

Lawrence

County

Douglas

State

Kansas

Latitude

38.9672

Longitude

-95.235

CBSA code

29940

CBSA name

LAWRENCE, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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