291 Hwy & 150 Hwy, Lee's Summit, MO 64082
Two exceptional commercial land pads available for sale in Lee's Summit, Missouri, totaling 2.85 acres. Located at the southwest corner of Highway 291 and Highway 150, these pads offer unparalleled visibility and accessibility. The site benefits from a signalized intersection, ensuring high traffic counts and excellent exposure. Each pad ranges from 1.42 to 1.43 acres and is priced at $14 per square foot. This prime location boasts strong surrounding tenants, including well-established businesses such as Sherwin Williams, Papa Murphy's, and Starbucks, creating a vibrant and desirable retail environment. The area is experiencing significant residential growth, providing a robust customer base for future businesses. Situated in South Lee's Summit, a thriving suburb of Greater Kansas City recognized for its family-friendly atmosphere, this property presents a unique investment opportunity. The area's designation as one of "Business Week's Best Places to Raise Kids" further underscores its appeal and potential for long-term growth. This is an ideal location for owner-users or investors seeking a high-return opportunity in a rapidly developing market. The property is zoned for commercial use. The proximity to a large Price Chopper (80,000 sq ft) further enhances the site's desirability and potential for success.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.