Financial
Distress signals
Property profile

1121 Rice Rd Lees Summit, MO 64086

OFF-MARKET
Strip malls
Property ID
US48-0989876
11,815 SF 1.3 ac lot Built 1994
Last sale Feb 2005
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Retail space totaling 1,750 square feet is located on Highway 291 and provides visibility from the roadway, which is reported at 27,622 vehicles per day. The site features a recently updated facade and includes monument signage; additional monument signage is available. The property is positioned across from Walmart and Hobby Lobby anchored retail centers and is part of a configuration that supports outparcel development. The space is suitable for retail use and can also accommodate uses such as real estate, financial services, or medical office operations.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$28k
Tax billed · 2024
Assessed value$320k
Assessed land$277k
Assessed improvement$43k
Effective rate8.61%

Value estimate

· Sep 2026
$425k
$383k – $468k
AI approach$425k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionJACKSON

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand index
Parking Facility11.6
Kitchen & Bath11.3
Building Supply10.8

Location

1121 Rice Rd Lees Summit, MO 64086-6788
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

15 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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