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    2400 Smt Rd Lee's Summit, MO 64064

    For Sale
    Contact for pricing

    19 Acres, Divisible, Utilities Available

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 19.02-acre parcel presents a prime opportunity for senior housing development in Lee's Summit, Missouri. Strategically located north of the 268-acre Discovery Park mixed-use development, this property offers unparalleled access to amenities and a thriving community. The land is zoned AG and is divisible, providing flexibility for various project sizes. Existing utilities are already in place, with capacity to support a development of up to 400 units. The property's address is 2400 Lee's Summit Road, Lee's Summit, MO 64064, within Jackson County. Its convenient location and substantial size make it an ideal site for a new senior living community, catering to the growing demand for senior housing options in this desirable area. The property's latitude and longitude coordinates are 38.953534804548504 and -94.37979428973406 respectively. This is a rare opportunity to acquire a large, well-situated parcel perfectly suited for a significant senior housing project. Don't miss out on this exceptional investment prospect.

    Property Features for 2400 Smt Rd

    General Information

    Property type
    Land
    Lot Size
    828,511 SF

    HighLights

    • Excellent location north of Lee's Summit's 268‑acre Discovery Park mixed‑use development.
    • Highly divisible site.
    • Utilities in place, capable of supporting up to 400 units.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lee's Summit
    County
    Jackson
    State
    Missouri
    Longitude
    -94.379794289734
    Latitude
    38.953534804549

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    FAQs

    What type of property is this?
    Land - 19 Acres, Divisible, Utilities Available
    Where is this land located?
    The property is located at 2400 Smt Rd Lee's Summit, MO.
    What are key features of this property?
    This property features: Excellent location north of Lee's Summit's 268-acre Discovery Park mixed-use development.; Highly divisible site.; Utilities in place, capable of supporting up to 400 units.
    (816) 474-2000
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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
    2400 Smt Rd Lee's Summit, MO 64064
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