Commercial Real Estate Market in Lees Summit, MO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
180 active listings and 1,787 off-market properties in Lees Summit, MO. Commercial property asks $409/SF to buy and $12.00/SF/Yr to lease.
Market Trends
Lees Summit, MO spans 122.5 square miles in Jackson County, Missouri. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Lees Summit, MO runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Lees Summit, MO runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Lees Summit, MO runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Lees Summit, MO runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Lees Summit, MO has 132,474 residents in 54,561 households. Density runs 1,081 people per square mile. Median household income here is $105,784 and median gross rent $1,395 a month.
132,474
Population
54,561
Households
2.4
Avg Household Size
39
Median Age
46%
College-Educated
97%
High-School Grad
122.5 sq mi
ZIP Area
1,081
Density / Sq Mi
$105,784
Median Household Income
$57,774
Median Earnings
$1,395
Median Rent
$320,406
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Raymore | — | — |
| Belton | — | — |
| Village of Loch Lloyd | — | — |
| Peculiar | — | — |
Commercial property in Lees Summit, MO asks $409/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lees Summit?
Commercial property in Lees Summit, MO asks an average of $409 per square foot.
How much does it cost to lease commercial space in Lees Summit?
Asking lease rates in Lees Summit, MO average $12.00 per square foot per year.
Where does Realmo's Lees Summit market data come from?
Realmo compiles Lees Summit, MO figures from 135 active sale listings, 45 active lease listings, 1,787 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 135 active for-sale and 45 active for-lease listings in Lees Summit, MO. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
