Commercial Land in Lawrence, Kansas, presents a unique investment opportunity for those looking to capitalize on the city's growing economy. With its strategic location between Topeka and Kansas City, Lawrence offers a prime setting for businesses to flourish. Commercial Land in Lawrence can represent a variety of investments, from retail and office spaces to industrial and agricultural properties. The city's amenities, including its infrastructure, education system, and geography, make it an attractive location for businesses and individuals alike. For instance, the University of Kansas, located in Lawrence, provides a skilled workforce and a strong economic foundation. Additionally, the city's proximity to major highways, such as Interstate 70, and its airport, Lawrence Regional Airport, make it easily accessible for transportation and logistics. The city's cultural attractions, including the Lied Center of Kansas and the Wakarusa Music and Camping Festival, also contribute to its appeal. Overall, Lawrence is a great place for business and travel, with attractions like the University of Kansas athletic teams and the Massachusetts Street area's thriving music and art scene.
Lawrence, Kansas, is home to 5 Commercial Land listings, offering a range of opportunities for investors. The average price per square foot for Commercial Land in Lawrence is $56 USD, with an average size of 56,259 square feet. The largest Commercial Land listing in Lawrence spans 56,259 square feet. With an average cap rate of , Commercial Land in Lawrence presents a promising investment opportunity. In addition to Commercial Land, Lawrence also offers other property types, including none. Each of these property types has its unique characteristics and advantages, making Lawrence a diverse and attractive market for investors. Overall, Lawrence's strong economy, amenities, and cultural attractions make it an excellent location for Commercial Land investments.
What are common commercial uses for land in the Lawrence market?
Commercial land in Lawrence, Kansas, is often utilized for various purposes, including retail development, office spaces, and healthcare facilities, taking advantage of the city's strategic location near major transportation hubs and its strong economy driven by the University of Kansas and local government services.
With 5 available listings of commercial land, investors and developers can explore opportunities for restaurants, hotels, and entertainment venues, catering to the city's growing population and visitors drawn to its rich cultural scene, outdoor recreational areas, and sporting events.
What are common ways to purchase land to use in development projects?
When it comes to purchasing land for development projects in Lawrence, Kansas, there are several common ways to do so. For instance, investors can purchase land directly from property owners, work with a commercial real estate broker, or explore online marketplaces like LoopNet, where you can find 5 available listings of commercial land for sale, with an average price per square foot of $56 USD and an average size of 56,259 square feet.
Before making a purchase, it's essential to do your due diligence and research the process thoroughly. If you're new to buying land, it's a good idea to start by reading our guide on how to buy land, which covers the ins and outs of the process and can help you make an informed decision. Additionally, considering factors like the average cap rate of and the largest available parcel of 56,259 square feet can also help you make a smart investment.
