This 1.33-acre commercial and mixed-use zoned land at 515 McDonald Dr, Lawrence, KS, is a highly strategic development site with immediate access to major highways and a prime location for investment. Previously occupied by an inn, the site has been cleared, making it a turnkey development opportunity for serious investors looking at retail, multifamily, hospitality, or office projects. - One of the biggest selling points of this land is its proximity to key transportation routes and commercial activity: - Just 3 minutes from Interstate 70 (I-70) – A direct connection to Kansas City, Topeka, and beyond, providing exceptional access for business operations, customers, and logistics. - Frontage along McDonald Dr – High visibility and easy access for both local and highway traffic. - Adjacent to US-40 & US-59 – Two major arterial roads that enhance connectivity and increase business exposure. - Close to Downtown Lawrence (5 min drive) – A thriving commercial district with restaurants, retail, and cultural attractions that bring consistent foot traffic to the area. This land is zoned C-5 Commercial & Mixed-Use, making it highly versatile for multiple types of developments: - Retail Strip Center or Standalone Retail – Capitalize on the high traffic count and demand for national brands, drive-thrus, and convenience stores. - Multifamily Apartments or Mixed-Use Development with existing utilities – With proximity to the University of Kansas, there’s a strong market for student housing, workforce apartments, and upscale residential units. - Office or Professional Services – The booming business community in Lawrence supports a corporate office, co-working space, or medical facility. -Gas Station or Quick Service Restaurants – The interstate adjacency makes it an ideal spot for a highway-oriented business with strong revenue potential. This land is surrounded by strong demand drivers that create long-term value and growth: - University of Kansas (KU) – 10 minutes away – A major economic engine with over 28,000 students and faculty, ensuring consistent demand for retail, dining, and housing. - Lawrence Country Club (2 min away) – High-end clientele in the area support premium retail and residential developments. - Centennial Park & Green Spaces Nearby – Adds recreational value for potential multifamily or mixed-use tenants. - Retail Anchors & Dining Establishments in Close Proximity – Including grocery stores, chain restaurants, and shopping centers, which increase traffic and demand for commercial projects. Lawrence is seeing sustained population and economic growth, with increasing demand for housing, retail, and commercial spaces. I-70 corridor developments are booming, and this location is perfectly positioned to capitalize on expansion trends. Low supply of prime, highway-adjacent, mixed-use zoned land in Lawrence makes this a rare find for investors looking to secure a high-value project. This is not just another land listing—it’s a high-traffic, high-visibility, and highly profitable development opportunity with multiple investment angles. Whether you're looking to build retail, multifamily, hospitality, or mixed-use, this strategically located land at 515 McDonald Dr gives you the flexibility, demand, and ROI potential serious investors need.