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    Chipman Rd & Ward Rd Lee's Summit, MO 64086

    • Retail properties
    For Lease
    View listing
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 0 Chipman Rd & Ward Rd

    Property type
    Retail properties
    Property subtype
    Land

    Description

    This exceptional 2.79-acre commercial land parcel presents a rare opportunity for retail development in the thriving Lee's Summit, Missouri market. Located at the intersection of NW Chipman Road and Ward Road, this property offers unparalleled visibility and accessibility. The site is strategically positioned adjacent to the bustling Summit Fair Shopping Mall and the prestigious Summit Technology Campus, ensuring high foot traffic and a strong customer base. Two build-to-suit (BTS) spaces are available, each approximately one acre in size, providing flexibility for developers to tailor their projects to specific needs. This prime location offers significant potential for a variety of retail uses, benefiting from the established commercial infrastructure and strong demographics of the area. The property is zoned for commercial use within Jackson County, Missouri, and is serviced by all necessary utilities. Ground lease options are also available for qualified tenants. This is an exceptional investment opportunity for developers seeking a high-impact location with significant growth potential in a rapidly expanding market. The zip code is 64086.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lee's Summit
    County
    Jackson
    State
    Missouri
    Longitude
    -94.3939
    Latitude
    38.9256

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      Lee's Summit Retail Land Opportunity

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    Chipman Rd & Ward Rd
    Lee's Summit, MO 64086
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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
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