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515 McDonald Dr 1.33 Acres of Commercial Land Offered at $649,000 in Lawrence, KS 66049

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INVESTMENT HIGHLIGHTS

  • Strategic location near major highways and KU campus
  • Utilities available and favorable zoning
  • Flexible development options for retail or mixed-use
  • High visibility with frontage on McDonald Drive
  • Growing commercial market in Lawrence

EXECUTIVE SUMMARY

This property offers a rare opportunity for developers and investors seeking a strategic location in Lawrence, KS. Positioned along McDonald Drive, the site benefits from strong traffic counts and high visibility, making it ideal for retail, office, or mixed-use development. The surrounding area features established residential communities, retail centers, and proximity to the University of Kansas, ensuring a steady flow of potential customers and tenants. With utilities available and favorable zoning, this parcel is ready for immediate development. The seller is motivated and open to offers, creating an excellent chance to secure a prime piece of real estate in a growing market. Whether you’re planning a single-use facility or a multi-tenant project, this property provides flexibility and long-term value. Don’t miss the opportunity to capitalize on Lawrence’s continued commercial growth and vibrant economy.

PROPERTY FACTS

Price $649,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 1.33 AC
No. Stories 2
Zoning CS - Mixed used, Commercial

1 LOT AVAILABLE

Lot

Price $649,000
Price Per AC $487,969.92
Lot Size 1.33 AC

Prime development lot in Lawrence, KS with excellent visibility and access. Ideal for commercial or mixed-use projects near major roads and thriving neighborhoods.

DESCRIPTION

Located at 515 McDonald Drive, Lawrence, KS 66049, this property combines convenience, visibility, and development potential. The lot is situated in a high-demand corridor with easy access to major highways and local amenities. Its level topography simplifies construction, and the availability of essential utilities—water, sewer, electricity, and gas—ensures a smooth development process. The zoning supports a variety of uses, including retail, office, and mixed-use projects, making it an attractive option for developers with diverse plans. The site’s proximity to the University of Kansas and downtown Lawrence enhances its appeal, offering strong demographics and traffic patterns for businesses. Surrounding retail and dining establishments create a vibrant environment that complements new development. This property is an excellent choice for investors seeking a location that combines strategic positioning with growth potential in one of Kansas’s most dynamic markets.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
023-067-26-0-40-04-004.00-0
Land Assessment
$74,158
Improvements Assessment
$0
Total Assessment
$74,158
  • Listing ID: 38374725

  • Date on Market: 11/7/2025

  • Last Updated:

  • Address: 515 McDonald Dr, Lawrence, KS 66049

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