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    Nec Of Stuart Rd And 291 Hwy Lee's Summit, MO 64082

    For Sale
    $3,500,000

    Prime 19-acre development site in Lee's Summit, MO.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 19-acre commercial land parcel presents a remarkable investment opportunity in the thriving Lee's Summit, Missouri market. Located at the northeast corner of Stuart Road and Highway 291, this property boasts unparalleled visibility with an estimated 33,400 vehicles passing daily on Highway 291. All utilities are readily available on-site, simplifying development and reducing upfront costs. The strategic location offers significant advantages, situated near several recently approved commercial and residential developments, indicating a robust and expanding community. This prime land is ideal for a variety of commercial uses, benefiting from the high traffic count and proximity to established infrastructure. The asking price is $3,500,000, representing a compelling value for a site of this caliber and potential. This is an investment-grade property suitable for owner-users or developers seeking a high-impact location in a rapidly growing area of Jackson County, Missouri, with a zip code of 64082. The property's coordinates are 38.8778663 latitude and -94.372006 longitude. Don't miss this chance to acquire a significant piece of Lee's Summit's commercial future.

    Property Features for 0 Nec Of Stuart Rd And 291 Hwy

    General Information

    Property type
    Land
    Lot Size
    827,640 SF

    HighLights

    • 19 acres of prime commercial land for sale in Lee's Summit, MO.
    • All utilities available on‑site.
    • High visibility with 33,400 VPD on Highway 291.
    • Located near recently approved commercial and residential developments.
    • Investment opportunity suitable for owner‑users or developers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lee's Summit
    County
    Jackson
    State
    Missouri
    Longitude
    -94.372006
    Latitude
    38.8778663

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    FAQs

    What type of property is this?
    Land - Prime 19-acre development site in Lee's Summit, MO.
    Where is this land located?
    The property is located at Nec Of Stuart Rd And 291 Hwy Lee's Summit, MO.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: 19 acres of prime commercial land for sale in Lee's Summit, MO.; All utilities available on-site.; High visibility with 33,400 VPD on Highway 291.
    (816) 412-7365
    Request Owner's contact information
    Nec Of Stuart Rd And 291 Hwy Lee's Summit, MO 64082
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Nec Of Stuart Rd And 291 Hwy Lee's Summit, MO 64082
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