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Property profile & analytics
OFF-MARKET
Land

50 Highway Ln Lee's Summit, MO 64063

2.74 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 2.74 ac (119,354 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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