512 Highway Ln Lee's Summit, MO 64063
This exceptional 2,028 square foot retail space is ideally situated at 512 S 291 Highway in Lee's Summit, Missouri, 64063. Boasting excellent visibility on Highway 291, just north of Highway 50, this property benefits from high traffic volume. The single-tenant building sits on a substantial 35,559 square foot lot and features ample parking with 25 spaces. The two-story building is zoned CP1. The interior offers a spacious, open layout, previously used as a jewelry shop, and includes two offices, two bathrooms, a kitchen, and a lobby. High ceilings enhance the feeling of spaciousness. Large windows surround the perimeter, providing abundant natural light. Signage is permitted in a prominent location on the building. This property presents a phenomenal opportunity due to its amenities and prime location. A Net, Net, Net (NNN) lease covers water, trash removal, snow removal, lawn care, parking lot lighting, property taxes, and insurance. The property's APN is 61-510-02-64-00-0-00-000.
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
Similar Nearby for Lease
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.