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    Land

    2150 Scherer Rd, Lee's Summit, MO 64082

    978 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 978-acre property in Lee's Summit, Missouri, presents a unique development opportunity. Located at 2150 SW Scherer Rd, 64082, this expansive land parcel offers various site options ranging from 20 to over 300 acres, suitable for a diverse range of projects. Permitted zoning is varied, allowing for mixed-use commercial, multifamily, senior, and single-family residential development. The site boasts excellent access to major highways, including Highways 291, 150, and 50, ensuring convenient transportation. Its proximity to Longview Lake and Golf Course adds significant recreational appeal. Infrastructure is already in place for some sites, streamlining the development process. Furthermore, substantial investments in infrastructure improvements are underway, including $35.8 million allocated for Scherer Parkway and $37 million for Pyror Road. This development benefits from Lee's Summit's impressive population growth of 45% since 2000, representing a significant opportunity to acquire a substantial portion (16%) of the city's undeveloped land. The property is situated within the award-winning Lee's Summit R-7 School District. This is a rare chance to capitalize on the growth and potential of this thriving Missouri community.

    Property profile
    Verified
    Property type Land
    Lot 978 ac (42,601,680 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Lee's Summit Fire Station 7 Fire Station
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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