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    2505 Douglas St Lee's Summit, MO 64064

    For Sale
    $450,000

    Prime Airport-Adjacent Industrial Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 57,090 square foot industrial land parcel in Lee's Summit, Missouri, presents a unique investment opportunity. Located at 2505 NE Douglas St, 64064, this privately owned property (APN 52-300-04-39-00-0-00-000) boasts a strategic location abutting the north/south runway of the Lee's Summit Municipal Airport (KLXT), offering convenient through-the-fence access (subject to negotiation with the City of Lee's Summit). Situated mid-runway on the west side of the newly expanded runway (5501 ft x 100 ft grooved concrete, with an additional 4,000 ft on runway 11/19), this lot is ideally suited for businesses requiring proximity to air transportation. All utilities are available. The property's convenient location near I-470 at exit 9 provides easy access to major transportation arteries. The airport offers a full range of services including a 40,000 sq ft heated hangar, pilot lounge, flight planning assistance, concierge service, car rentals, hotels, catering, and executive car services. The lot dimensions are approximately 173 feet by 330 feet. The airport accommodates aircraft weighing up to 60,000 lbs. A full-service FBO is located next door. This is a truly spectacular lot with significant potential. Asking price: $450,000.

    Property Features for 2505 Douglas St

    General Information

    Property type
    Land

    HighLights

    • $450,000 asking price for 57,090 square feet of industrial land.
    • Located at 2505 NE Douglas St, Lee's Summit, MO 64064.
    • Zoned for industrial use; APN 52‑300‑04‑39‑00‑0‑00‑000.
    • Adjacent to a runway with potential for through‑the‑fence access (negotiable).
    • Utilities available; near I‑470, exit 9.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Dental Office Building Supply Wholesale Shop Clothing Store Auto Repair Shop Auto Parts Store Department Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lee's Summit
    County
    Jackson
    State
    Missouri
    Longitude
    -94.376958
    Latitude
    38.958123

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    FAQs

    What type of property is this?
    Land - Prime Airport-Adjacent Industrial Lot
    Where is this land located?
    The property is located at 2505 Douglas St Lee's Summit, MO.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: $450,000 asking price for 57,090 square feet of industrial land.; Located at 2505 NE Douglas St, Lee's Summit, MO 64064.; Zoned for industrial use; APN 52-300-04-39-00-0-00-000.
    Request Owner's contact information
    2505 Douglas St Lee's Summit, MO 64064
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    Lee's Summit, MO 64064
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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
    2505 Douglas St Lee's Summit, MO 64064
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