959 SE Oldham Parkway, Lees Summit, MO 64081
SINGLE_FAMILY - Lee's Summit, MO
- Added:
- Nov 4, 2025
- Days on Market:
- 229
- Last Refresh:
- Jun 21 at 5:06 pm
Property Features for 959 SE Oldham Parkway
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- 049
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 61-630-05-25-02-0-00-000
- Size
- 5,800 SF
- Lot size
- 0.59 Acres
Taxes and HOA fees
- Tax Description
- Lot 2, BRIDGEHAMPTON, 1ST PLAT, BLOCK 1, LOTS 1-3, a subdivision in Lee's Summit, Jackson Gounty, Missouri EXCEPT that part deeded to the City of Lee's Summit, as shown on Quit-Clalm Deed filed 03/02/1999 as Document No. 199910D17043., further described as follows: Commencing at the Southeast corner of said Lot 2, thence North 02 Degrees 06 Minutes 40 Seconds East 119.25 feet, along the West Right of Way of Bridgehampton Way, to the True Point of Beginning, thence North 54 Degrees 51 Minutes 54 Seconds West 89.45 feet, to a point on the North line of said Lot 2, thence South 87 Degrees 53 Minutes 20 Seconds East 75.00 feet, along said North line, thence South 02 Degrees 06 Minutes 40 Seconds West 48.75 feet, along the West Right of Way line of Bridgehampton Way to the True Point of Beginning
- Tax Annual Amount
- 29125
Utilities
- Utilities
- Water Available
Building Details
- Floors in Building
- 1
Listing agent Chelbi Williamson (816) 651-0999
Listing office RE/MAX Heritage 7020 NW 83rd Terr, Kansas City, MO (816) 587-2323
Listing date Nov 4, 2025
Copyright © 2026 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime retail investment opportunity in a desirable Lee's Summit commercial area.
- Located just off Highway 50, offering outstanding visibility, easy access, and steady traffic.
- Currently occupied by a reliable tenant, providing immediate rental income.
- Turnkey, income‑generating property in a high‑traffic, growing market.
- 5,800 sq. ft. retail building on a 0.59‑acre lot with parking lot.
- Freshly painted exterior, presenting a clean, professional appearance.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $128.8k | $22.20 |
| − Vacancy | −$10.9k | −$1.89 |
| EGI | $117.8k | $20.31 |
| − OpEx | −$35.3k | −$6.09 |
| NOI | $82.5k | $14.22 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lees Summit
- County
- Cass
- State
- Missouri
- Longitude
- -94.35428
- Latitude
- 38.901839