150 Hwy & 291 Hwy Lee's Summit, MO 64063
This exceptional 3-acre mixed-use land parcel presents a remarkable investment opportunity in one of Lee's Summit, Missouri's fastest-growing areas. Located at the intersection of Highway 150 and Highway 291 in Jackson County, this property boasts tremendous visibility and frontage along Highway 150, ensuring high traffic exposure for any commercial venture. The land is master-planned for commercial development and is ideally suited for a variety of uses, including restaurants, banks, and retail establishments. Pad sites are available, and the owner is willing to divide the property to accommodate different development needs. All utilities are readily available on-site, simplifying the development process. This strategic location offers significant advantages, with its proximity to planned major retail developments to both the north and south, creating a synergistic environment for increased customer traffic and business growth. The land is priced at $10 per square foot, representing a compelling value proposition given its prime location and development potential. The zip code is 64063. This is a rare opportunity to acquire a highly visible and strategically located commercial property in a thriving market.
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
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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.