50 & Todd George Pkwy Lee's Summit, MO 64063
This exceptional 5.26-acre commercial land parcel presents a remarkable development opportunity in Lee's Summit, Missouri. Strategically located at the intersection of E US Hwy 50 and Todd George Parkway, this property boasts high visibility and convenient access to major thoroughfares. The asking price for the entire parcel is $998,000. However, the seller is willing to divide the land into two tracts to accommodate various development plans. Tract 1 comprises 1.93 acres and an additional 0.91-acre parcel, totaling 2.84 acres, and is offered at $399,000. Tract 2 encompasses 2.42 acres and is priced at $599,000. The property's zoning is CP-2. Its ideal location near numerous amenities makes it particularly well-suited for a variety of commercial uses. The City of Lee's Summit has previously approved a senior apartment project on this site, highlighting its suitability for senior living facilities. This prime location, combined with the flexibility of divisible tracts, presents a unique opportunity for investors and developers seeking a high-impact project in a thriving Missouri market. The property is situated in Jackson County, Missouri, with a zip code of 64063. This is a rare chance to acquire a significant commercial land holding in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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