50 Highway Ln Lee's Summit, MO 64063
This exceptional 2.74-acre commercial land parcel presents a remarkable development opportunity in the thriving Lee's Summit, Missouri market. Located at the intersection of Highway 50 and Todd George, this property boasts unparalleled visibility and accessibility, making it ideal for a variety of commercial ventures. The site is zoned CP-2, allowing for a range of development possibilities, including office and retail spaces. Its strategic location offers significant advantages, situated adjacent to Lee's Summit Medical Center, Addington Place senior living community, Village Coop grocery store, and the newly constructed Mid-Continent Public Library branch. The proximity to the new Blackwell interchange further enhances accessibility and visibility. All utilities are readily available, simplifying the development process. This property represents a unique chance to capitalize on the robust growth and high demand in this area of Lee's Summit. The asking price is $500,000. Broker co-op is available. This is a truly exceptional opportunity for investors seeking a high-impact commercial development project in a prime location. The property's size, zoning, and strategic location combine to create a compelling investment proposition with significant long-term potential. Don't miss this chance to secure a piece of Lee's Summit's vibrant commercial landscape.
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.