2421 Atchison Avenue

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2421 Atchison Avenue

Lawrence, KS 66047
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land asset comprising 1.47 acres of development space.
  • Property is situated within the active Lawrence, Kansas market.
  • Strategic location supports a range of potential commercial project types.
  • Stable regional economy provides a reliable backdrop for business operations.
  • Site coordinates identify precise positioning at 38.9427, -95.2741.

What's Special

Developers seeking to establish a foothold in Lawrence, Kansas, will find this 1.47-acre parcel of commercial land well-positioned for new projects. The site provides a flexible canvas for a variety of commercial developments, ranging from professional office space to retail services tailored to the local community. Lawrence maintains a stable economic environment anchored by its regional educational institutions and diverse service sectors, making it a reliable destination for capital investment in the Midwest. With its strategic position within the city, the property offers accessibility for customers and employees alike. The surrounding submarket continues to see steady interest as the area evolves, providing a solid foundation for long-term project planning and growth. Prospective buyers should note the site dimensions and local zoning requirements to determine the optimal density for their intended use. This parcel represents a clear, functional opportunity for those looking to expand their real estate portfolio in a well-established Kansas municipality.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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