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13.3 Acres Lot
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Lot Size 13.300 Acres
Property Description
Investment OverviewSituated in the heart of Lawrence's vibrant commercial corridor, 515 McDonald Drive presents an exceptional 1.33-acre mixed-use development opportunity ideal for multifamily, retail, or office use. This prime corner location offers unmatched visibility, strong traffic counts, and immediate access to major highways connecting to Downtown Lawrence, the University of Kansas, and the greater Kansas City metro. Fully serviced with utilities and zoned CS (Commercial Strip), the property provides developers and investors with flexibility, accessibility, and a thriving consumer base—making it one of the most strategic infill opportunities in the Lawrence market.
Exceptional Location & Accessibility
Positioned at the intersection of McDonald Drive and W 6th Street, this site sits at one of Lawrence's most traveled corridors, offering excellent connectivity and visibility. With over 22,000 vehicles per day on W 6th Street and nearly 12,400 on McDonald Drive, the location provides outstanding traffic exposure for retail or office use Lawrence Land.
The property is less than 4 minutes from the Lawrence Amtrak Station and provides immediate access to Highway 59 and I-70, offering seamless connections to the University of Kansas, Downtown Lawrence, and the broader Kansas City metro area.
Ideal for Mixed-Use, Retail, or Multifamily Development
Zoned CS (Commercial Strip), this property supports a wide range of development options including:
Multifamily Residential: Boutique apartments, luxury townhomes, or workforce housing catering to university staff and professionals.
Retail: Quick-service restaurant, boutique retail center, or daily-use services for nearby neighborhoods.
Office or Medical Use: Professional offices, healthcare clinics, or co-working spaces serving the growing west Lawrence submarket.
The site's level topography and ready utility connections significantly reduce development costs, offering a streamlined path from planning to delivery.
Vibrant Consumer Market
The surrounding demographics highlight the area's strong spending power:
$876 million in annual consumer spending within 3 miles, and $1.14 billion within 5 miles Lawrence Land.
High household expenditures on food away from home ($98M within 3 miles) and entertainment ($130M within 3 miles) indicate a robust local market for dining and lifestyle amenities.
The neighborhood also boasts strong education, healthcare, and transportation spending, supporting a balanced and sustainable community base.
Exceptional Location & Accessibility
Positioned at the intersection of McDonald Drive and W 6th Street, this site sits at one of Lawrence's most traveled corridors, offering excellent connectivity and visibility. With over 22,000 vehicles per day on W 6th Street and nearly 12,400 on McDonald Drive, the location provides outstanding traffic exposure for retail or office use Lawrence Land.
The property is less than 4 minutes from the Lawrence Amtrak Station and provides immediate access to Highway 59 and I-70, offering seamless connections to the University of Kansas, Downtown Lawrence, and the broader Kansas City metro area.
Ideal for Mixed-Use, Retail, or Multifamily Development
Zoned CS (Commercial Strip), this property supports a wide range of development options including:
Multifamily Residential: Boutique apartments, luxury townhomes, or workforce housing catering to university staff and professionals.
Retail: Quick-service restaurant, boutique retail center, or daily-use services for nearby neighborhoods.
Office or Medical Use: Professional offices, healthcare clinics, or co-working spaces serving the growing west Lawrence submarket.
The site's level topography and ready utility connections significantly reduce development costs, offering a streamlined path from planning to delivery.
Vibrant Consumer Market
The surrounding demographics highlight the area's strong spending power:
$876 million in annual consumer spending within 3 miles, and $1.14 billion within 5 miles Lawrence Land.
High household expenditures on food away from home ($98M within 3 miles) and entertainment ($130M within 3 miles) indicate a robust local market for dining and lifestyle amenities.
The neighborhood also boasts strong education, healthcare, and transportation spending, supporting a balanced and sustainable community base.
Location
State KS
County Douglas
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Listed by Dharam Chaudhari • Reco Real Estate Advisors | KW Realty Partners
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Dharam Chaudhari
FOUNDER | CEO | License ID: Licensed in KS,MO,IA,NE
FOUNDER | CEO License ID: Licensed in KS,MO,IA,NE