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    Property profile & analytics

    Hwy291 Thompson Dr Lee's Summit, MO 64082

    • Land
    • 23.36 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for Hwy291 Thompson Dr

    Lot size
    23.36 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 23.36-acre commercial and industrial land parcel presents a remarkable investment opportunity in Lee's Summit, Missouri. Strategically located on Highway 291 at SE Thompson Drive, zip code 64082, this property boasts excellent visibility and convenient access to major transportation arteries, including I-470, US Highway 50, and I-70. The site is situated within the prestigious LeMone-Smith Business & Rail Center, a premier industrial park offering rail service. This "vertical ready" land is fully serviced with utilities, including 16" water lines, 6" gas lines, and 8" sewer lines. Its Industrial-Commercial zoning allows for diverse development possibilities. The property's prime location offers proximity to numerous established businesses, including Union Pacific Railroad, Frito Lay, Performance FoodService, IPL Plastics, Kansas City Moving & Storage Inc, GE Energy, Mid-States Distributing, Industrial Machine & Gear, Lee's Summit Fleet Operations, and Lee's Summit Animal Control. The asking price for this exceptional property is $5,600,000. Don't miss this chance to acquire a highly desirable site in a thriving industrial and commercial area.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lee's Summit
    County
    State
    Missouri
    Longitude
    -94.3728
    Latitude
    38.8887

    Comparable in this City

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      M-150 Highway Ln

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      3120 M 291 Hwy

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    Similar Nearby for Lease

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    Hwy291 Thompson Dr
    Lee's Summit, MO 64082
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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