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N 1500 Rd 37.71 - 76.42 Acre Commercial Land Lots Offered at $2,459,560 - $4,984,342 Per Lot in Lawrence, KS 66049

INVESTMENT HIGHLIGHTS
- Great fronatage.
EXECUTIVE SUMMARY
ACRES AND USAGE The potential usage for each tract is shown on the attached Potential Land Use Plan.
Tract 1 - 37.71 Acres - Multifamily Apartments
Tract 2 - 76.42 Acres - Townhomes, Duplex, Senior Living
KDOT KDOT is currently building a street to city standards from North to South between Tracts 1 & 2
(See attached K-10 Plan)
SEWER & WATER City of Lawrence, at its expense, is going to extend upsized sewer and water lines underneath South Lawrence Trafficway into subject property. Proposed to be completed end of 2026
ZONING Present zoning is AG-1, but multi use residential land plans have been shown to the city with a favorable response (see attached proposal plans). Retail development is also possible
TRAFFIC Traffic count on South Lawrence Trafficway is 17,800
SANITARY SEWER With sanitary sewer upgrades, 100% of Tract 1 should be gravity sewerable, as well as the approximately north 1/3 of Tract 2. Approximately 2/3 of the south part of Tract 2 would require a pump station, already planned by the city. A portion of the north end of Tract 3 below the house is gravity sewerable
BOB BILLINGS PKWY The city of Lawrence will extend Bob Billings Parkway from the South Lawrence Trafficway (K-10) across the north end of the property all the way to East 800 Road, with the first half expected to be done by early 2027
SCHOOL DISTRICT The Lawrence School District owns the land adjacent to Tract 3 for a future school
HOUSE Approximately 9,500 sqft, built in 1984, living, dining, kitchen, 5 bedrooms, office, sun room, 3 full baths, 2 half baths, 3 fireplaces, rural water, septic sewer, natural gas, electric, attached garage, plus barn
PROPERTY FACTS
| Price | $2,459,560 - $7,443,902 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Mixed Use |
| No. Lots | 2 | Total Lot Size | 114.13 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | AG-1 - Multi use residential land plans have been shown to the city with a favorable response. Retail development is also possible | ||
| Price | $2,459,560 - $7,443,902 |
| Sale Type | Investment |
| No. Lots | 2 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 114.13 AC |
| No. Stories | 1 |
| Zoning | AG-1 - Multi use residential land plans have been shown to the city with a favorable response. Retail development is also possible |
2 LOTS AVAILABLE
Lot 1
| Price | $2,459,560 | Lot Size | 37.71 AC |
| Price Per AC | $65,223.02 |
| Price | $2,459,560 |
| Price Per AC | $65,223.02 |
| Lot Size | 37.71 AC |
Tract 1 - 37.71 Acres - Multifamily Apartments
Lot 2
| Price | $4,984,342 | Lot Size | 76.42 AC |
| Price Per AC | $65,223.00 |
| Price | $4,984,342 |
| Price Per AC | $65,223.00 |
| Lot Size | 76.42 AC |
Tract 2 - 76.42 Acres - Townhomes, Duplex, Senior Living
DESCRIPTION
The need for new housing for the 4,000 new employees of the new Panasonic Plant in DeSoto will be fulfilledby the development of this 242 acres. This property is one of the closest locations to the plant that can be usedfor housing to support the need generated by the new employees at the plant. It is approximately 20 miles fromthe plant by using K-10 Highway from its front door to the plant. An approximate 20 minute drive by a 4-lanehighway.The Kansas City Metro will have 11.2 million square feet of industrial space under construction in 2025. ThePanasonic plant at the former Sunflower Army Ammunition Plant in DeSoto accounts for 4.7 million square feetof that total.The Panasonic plant currently is the third largest industrial project under construction in the entire US.Construction has been underway for more than a year, and one part of the plant is expected to soon open. InJanuary, Kansas officials believed that battery production at a portion of the plant would begin this month.The company in January said it had 400 employees hired and expected to have 1,000 in place by the summer.The huge DeSoto plant – you could fit the Eiffel Tower in the building if you placed it on its side – has twowings. Only the first wing is nearing completion. Once both wings are open, the plant is expected to employ4,000 people.Kansas officials have acknowledged that on of their ultimate goals is to have an auto company locate an entirevehicle manufacturing plant next to the Panasonic battery plant. The site certainly has room for it in its 9,000acres
Presented by
N 1500 Rd
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