Unique Recreational Property with
For Sale
$3,740,000
6205 S Chiles Road, Blue Springs, MO 64014
29-acre property featuring a warehouse, ponds, and recreational amenities.
Property Size7,000 SF
Lot Size29.00 Acres
Price / SF$534.29
Days on Market194
Property Features for 6205 S Chiles Road
General Information
Standard status
Active
Size
7,000 SF
Lot size
29.00 Acres
Property subtype
Land
Zoning
AG
Listing Agency:
RE/MAX Elite, REALTORS
Listed By:
Renee Amey · License #2003024272
(816) 213-3421
Source:
Leessummitlakehomes.idxbroker
Added: Mar 26
Changed: Sep 14
Last Checked: Oct 4 at 6:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Elite, REALTORS
Investment Insights
Based on property information with market context.
This unique 29-acre property offers a blend of recreational opportunities and functional structures. The property includes a 7,000+ sq. ft. warehouse with commercially installed concrete floors, insulated with spray foam, and equipped with two bathrooms, a shower, and a kitchenette. The warehouse's insulation maintains a temperature range of 42-82 degrees. A covered concrete dock overlooks two fully stocked ponds. Additionally, there is a 1,536 sq. ft. pond building featuring two bathrooms, a shower, and a 48’ x 16’ covered patio. The property also features a butterfly garden and flagstone patio with plants, a flowing creek, and native stone accents. Over a mile of private roads wind through the trees and connect to every building and the pond. The property is designed for activities such as hunting, shooting, fishing, hiking, horseback riding, and ATV exploration. The property originally had 2 homes and the seller added everything else over the last 7 years to elevate the property to extraordinary levels.
Key Highlights
- 29‑acre estate blending luxury, recreation, and nature.
- 7,000+ Sq. Ft. insulated warehouse** with concrete floors, bathrooms, shower, and kitchenette.
- Covered concrete dock overlooking two fully stocked ponds.**
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$128,873
Cap Rate
3.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,577,460
$2.6M
Cap Rate 7%
$1,841,043
$1.8M
Cap Rate 9%
$1,431,922
$1.4M
Market Conditions
NOI Build-Up for 7,000 SF
Gross rent
$160.4K $22.92/SF
− Vacancy
−$8.8K −$1.26/SF
EGI
$151.6K $21.66/SF
− OpEx
−$22.7K −$3.25/SF
NOI
$128.9K $18.41/SF
Area
Jackson County, MO
Vacancy
5.50%
Lease Rate
$22.92 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,577,460
Cap Rate 7%
$1,841,043
Cap Rate 9%
$1,431,922
Alternative Uses
Best Use
Warehouse
$1.84M
$1.61M – $2.15M
NOI $128,873 @ 7.0% cap · market cap 3.45%
Second Best
Industrial
$1.52M
$1.33M – $1.77M
NOI $106,131 @ 7.0% cap · market cap 2.84%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
102
Businesses Nearby
Explore this area
Business Placement
Demographics for 64014, MO
27,993
Population
11,068
Households
2.5
Avg Household Size
36
Median Age
36%
College-Educated
95%
High-School Grad
11.2 sq mi
ZIP Area
2,499
Density / Sq Mi
$84,187
Median Household Income
$49,462
Median Earnings
$1,301
Median Rent
$233,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Recreation land - 29-acre property featuring a warehouse, ponds, and recreational amenities.
Where is this recreation land located?
The property is located at 6205 S Chiles Road Blue Springs, MO.
What is the asking price?
The asking price for this property is $3,740,000.
What are key features of this property?
This property features: 29‑acre estate blending luxury, recreation, and nature.; 7,000+ Sq. Ft. insulated warehouse** with concrete floors, bathrooms, shower, and kitchenette.; Covered concrete dock overlooking two fully stocked ponds.**
