M-150 Highway Ln Lee's Summit, MO 64082
- Land
Current Use by Public Records
- Land
Property Details for M-150 Highway Ln
- Property type
- Land
Description
This prime commercial development opportunity in Lee's Summit, Missouri, presents a 121,292.43 square foot vacant lot ideally situated on Highway 150, just west of the Highway 291 intersection. Priced at $13 per square foot, totaling $1,463,616, this high-visibility parcel boasts exceptional daily traffic counts exceeding 46,000 vehicles. The property benefits from its strategic location adjacent to a newly constructed big-box store and enjoys close proximity to various amenities including gas stations, restaurants, and fast-food establishments. A recently completed apartment complex is also directly adjacent, further enhancing the site's appeal. This location is anchored by established neighborhoods and is experiencing explosive growth fueled by new residential subdivisions such as Raintree, Woodland Trails, and Lake Winnebago, which are adding hundreds of new homes. This represents one of only two remaining commercial development lots on the north side of Highway 150 before the completion of these new subdivisions and the commencement of development at the nearby Shamrock Golf Course. This presents a unique opportunity to capitalize on the significant growth and high traffic volume in this rapidly developing area of Lee's Summit, offering exceptional potential for commercial development. The property is located at Vacant Lot 3 - SW M-150 Highway, Lee's Summit, MO 64082.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lee's Summit
- County
- Jackson
- State
- Missouri
- Longitude
- -94.4079
- Latitude
- 38.8526