Property profile

3120 M 291 Hwy Lee's Summit, MO 64082

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 189,993 square foot parcel of land presents a unique investment opportunity in the thriving Lee's Summit, Missouri market. Located at 3120 M 291 Highway, this property boasts a highly desirable location within Jackson County, offering easy access to major transportation routes and a vibrant community. The land is zoned for both commercial and agricultural uses, providing significant flexibility for a wide range of development projects. Whether you envision a modern commercial building, an agricultural venture, or a mixed-use development, this expansive lot offers the potential for substantial returns. The asking price is $250,000, representing a compelling value for a property of this size and location in a rapidly growing area. The property's versatility makes it an ideal investment for both seasoned developers and those seeking a strategic land acquisition in a prime Missouri location. With its strategic location and expansive size, this property is poised for significant future growth and appreciation. The 64082 zip code further underscores the desirability of this location. Serious inquiries are encouraged to explore the full potential of this remarkable land opportunity. Detailed site plans and zoning information are available upon request.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3120 M 291 Hwy Lee's Summit, MO 64082
Lee's Summit metro
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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