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    C5 Independence Ave Lee's Summit, MO 64064

    For Sale
    $854,647
    Added:
    Dec 11, 2024
    Days on Market:
    362

    Property Features for C5 Independence Ave

    General Information

    Property type
    Land
    Lot Size
    47,480 SF

    HighLights

    • 1.09‑acre commercial lot in Lee's Summit, MO, zoned for retail, office, and commercial flex use.
    • Located at the signalized intersection of Strother Rd & NE Independence Ave, offering high visibility.
    • I‑470 frontage provides excellent visibility and convenient access to major highways (I‑470, Hwy 291, I‑70).
    • Utilities are available, and the land is ready for vertical construction.
    • Surrounded by established businesses and amenities, including I‑470 Business & Technology Center and Lee's Summit Municipal Airport.
    • Sale price: $854,647.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -94.360392559563
    Latitude
    38.966599713193

    Nearby Similar for Sale

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      Lee's Summit Commercial Property Package

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    FAQs

    Where is this land located?
    The property is located at C5 Independence Ave Lee's Summit, MO.
    What is the asking price?
    The asking price for this property is $854,647.
    What are key features of this property?
    This property features: 1.09-acre commercial lot in Lee's Summit, MO, zoned for retail, office, and commercial flex use.; Located at the signalized intersection of Strother Rd & NE Independence Ave, offering high visibility.; I-470 frontage provides excellent visibility and convenient access to major highways (I-470, Hwy 291, I-70).
    Request Owner's contact information
    C5 Independence Ave 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
    C5 Independence Ave Lee's Summit, MO 64064
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