Property profile

MO Between Summit St Lee's Summit, MO 64064

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

Chapel Ridge Business Park offers exceptional commercial land opportunities in Lee's Summit, Missouri. Located in Jackson County, zip code 64064, this prime development boasts convenient access to Interstate 470, a major thoroughfare with over 82,000 vehicles passing daily. The property features platted lots ranging from 38,428 to 277,253 square feet, providing flexibility for various project sizes. Buyers can choose to purchase lots as small as one acre or combine multiple lots to create larger developments exceeding ten acres, catering to diverse needs. The land is zoned CP2 and is ready for immediate development, with all utilities already in place. Permitted uses include retail, office, medical office, and other commercial ventures. The strategic location, coupled with the readily available infrastructure, makes this an ideal investment for businesses seeking high visibility and convenient access to a major transportation artery. The price per square foot for the land ranges from $4 to $14, offering competitive value within the Lee's Summit market. Two full-service interchanges along I-470 (Strother Road and Woods Chapel Road) provide excellent accessibility.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

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

Location

MO Between Summit St Lee's Summit, MO 64064
Lee's Summit metro
Google Maps

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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