Property profile

Hwy291 Thompson Dr Lee's Summit, MO 64082

OFF-MARKET
Land
23.36 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 23.36 ac (1,017,562 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Hwy291 Thompson Dr Lee's Summit, MO 64082
Lee's Summit metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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