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    2150 Scherer Rd Lee's Summit, MO 64082

    For Sale
    Contact for pricing

    978 Acres, Mixed-Use Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 978-acre property in Lee's Summit, Missouri, presents a unique development opportunity. Located at 2150 SW Scherer Rd, 64082, this expansive land parcel offers various site options ranging from 20 to over 300 acres, suitable for a diverse range of projects. Permitted zoning is varied, allowing for mixed-use commercial, multifamily, senior, and single-family residential development. The site boasts excellent access to major highways, including Highways 291, 150, and 50, ensuring convenient transportation. Its proximity to Longview Lake and Golf Course adds significant recreational appeal. Infrastructure is already in place for some sites, streamlining the development process. Furthermore, substantial investments in infrastructure improvements are underway, including $35.8 million allocated for Scherer Parkway and $37 million for Pyror Road. This development benefits from Lee's Summit's impressive population growth of 45% since 2000, representing a significant opportunity to acquire a substantial portion (16%) of the city's undeveloped land. The property is situated within the award-winning Lee's Summit R-7 School District. This is a rare chance to capitalize on the growth and potential of this thriving Missouri community.

    Property Features for 2150 Scherer Rd

    General Information

    Property type
    Land
    Lot Size
    42,601,680 SF

    HighLights

    • Multiple sites available, 20 to 300+ acres.
    • Land suitable for mixed‑use commercial, multifamily, senior, and single‑family development.
    • Utilities available on select sites.
    • Excellent highway access via Highways 291, 150, and 50.
    • Proximity to Longview Lake and Golf Course.
    • $35.8M in approved road improvements for Scherer Parkway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lee's Summit Fire ... Fire Station

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Nail Salon Kitchen & Bath HVAC Service Cafe & Coffee Shop Computer & Electronic Repair Tech Support Center

    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
    -94.419601383582
    Latitude
    38.890323594997

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    FAQs

    What type of property is this?
    Land - 978 Acres, Mixed-Use Potential
    Where is this land located?
    The property is located at 2150 Scherer Rd Lee's Summit, MO.
    What are key features of this property?
    This property features: Multiple sites available, 20 to 300+ acres.; Land suitable for mixed-use commercial, multifamily, senior, and single-family development.; Utilities available on select sites.
    (816) 474-2000
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    2150 Scherer Rd Lee's Summit, MO 64082
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    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
    2150 Scherer Rd Lee's Summit, MO 64082
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