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1221 E 25th St 3,000 SF 100% Leased Industrial Building Lawrence, KS 66046 $550,000 ($183.33/SF)
INVESTMENT HIGHLIGHTS
- Commercial Flex Building with Heated Warehouse & Finished Office Space with Heat & Air
- 11 Striped Parking Stalls
- Climate-Controlled Mezzanine Space for Extra Storage or Flexible Use Options
- Close to the Intersection of 23rd Street & Haskell Avenue
EXECUTIVE SUMMARY
Quality commercial flex building near 23rd St & Haskell Ave in Lawrence, KS. Built in 2011, this 3,025 SF property includes 1,116+/- SF heated warehouse with a 10' x 12' overhead door, plus 1,856+/- SF of finished office space: 6 private offices, conference room, server/copy room, kitchenette, reception area, two public restrooms, and a private restroom with shower.
An additional 1,775+/- SF of climate-controlled mezzanine space—equipped with two mini splits—offers extra storage or flexible use options. Building includes a security system with cameras and 11 striped parking stalls, including one handicap stall. Zoned CS and located in a well-positioned commercial corridor with convenient access to major routes and area amenities.
An additional 1,775+/- SF of climate-controlled mezzanine space—equipped with two mini splits—offers extra storage or flexible use options. Building includes a security system with cameras and 11 striped parking stalls, including one handicap stall. Zoned CS and located in a well-positioned commercial corridor with convenient access to major routes and area amenities.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$4,100
|
$1.37
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$4,100
|
$1.37
|
| Taxes |
$8,740
|
$2.91
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$8,740
|
$2.91
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $4,100 |
| Annual Per SF | $1.37 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $4,100 |
| Annual Per SF | $1.37 |
| Taxes | |
|---|---|
| Annual | $8,740 |
| Annual Per SF | $2.91 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $8,740 |
| Annual Per SF | $2.91 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS Under Contract
AMENITIES
- 24 Hour Access
- Mezzanine
- Security System
- Wheelchair Accessible
- Reception
- Storage Space
- Air Conditioning
- Fiber Optic Internet
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
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PROPERTY TAXES
| Parcel Number | 023-103-08-0-20-04-009.00-0 | Total Assessment | $74,226 (2025) |
| Land Assessment | $22,088 (2025) | Annual Taxes | $8,740 ($2.91/SF) |
| Improvements Assessment | $52,138 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
023-103-08-0-20-04-009.00-0
Land Assessment
$22,088 (2025)
Improvements Assessment
$52,138 (2025)
Total Assessment
$74,226 (2025)
Annual Taxes
$8,740 ($2.91/SF)
Tax Year
2024
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1221 E 25th St
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