Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1321 Market St Lees Summit, MO 64081-2904

    • Grocery and convenience stores
    • 442 SF
    • 0.97 lot acres
    OFF-MARKET
    Value Estimation
    $400,000
    Location Intelligence
    Property ID
    US48-3225706
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Dr Childers / Dentist
    • Childers Jr Logan H Dds / Dentist
    • Zackary Hill / Physical Therapist
    • Hannah Bowers / Sports Medicine Physician / Practitioner Service Location
    • Alexander Ervin / Physical Therapist / Practitioner Service Location

    Property Details for 1321 Market St

    Year built
    1997
    Construction
    WOOD
    Lot size
    0.97 lot acres
    Property size
    442 SF
    Property type
    Grocery and convenience stores
    APN
    61-800-32-02
    APU
    618003202

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $360,000

    • CAP approach

      CAP return
      Estimation
      6%
      $485,000
      6.5%
      $480,000
      7%
      $560,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $505,000
      Geo Method
      $540,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $580,000
      Retail
      $510,000
      Mixed-Use
      $445,000
      Hospitality
      $560,000
      Educational
      $585,000
      Residential Income
      $450,000
      Energy
      $545,000
      Income-Based Land
      $555,000
      Food Service
      $515,000

    Location Insight

    • Map
    • Local Demand
    City
    Lees Summit
    County
    Jackson
    State
    Missouri
    Longitude
    -94.376
    Latitude
    38.895
    CBSA code
    28140
    CBSA name
    KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $21,341
    $174,720
    $73,280
    $248,000
    -
    $0.00
    $0.00
    $775,000

    Comparable in this City

    • Value Estimation
      $510,000
      2,736 SF

      1317 Market St

      CONVENIENCE STORE • 2,736 SF
      1317 Market St, Lees Summit, MO 64081-2904
      View Details
    • Value Estimation
      $405,000
      9,428 SF

      506 Murray Rd

      CONVENIENCE STORE • 9,428 SF
      506 Murray Rd, Lees Summit, MO 64081-1428
      View Details
    • Value Estimation
      $570,000
      10,854 SF

      600 Murray Rd

      CONVENIENCE STORE • 10,854 SF
      600 Murray Rd, Lees Summit, MO 64081-1204
      View Details
    • Value Estimation
      $570,000
      10,763 SF

      600 Murray Rd

      CONVENIENCE STORE • 10,763 SF
      600 Murray Rd, Lees Summit, MO 64081-1204
      View Details
    • Value Estimation by Request
      90,597 SF

      310 Ward Rd

      GROCERY, SUPERMARKET • 90,597 SF
      310 Ward Rd, Lees Summit, MO 64081-2445
      View Details
    • Value Estimation
      $535,000
      5,510 SF

      3325 3rd St

      CONVENIENCE STORE • 5,510 SF
      3325 3rd St, Lees Summit, MO 64081-4006
      View Details

    Similar Nearby for Sale

    • $1,825,000
      4,925 SF

      Modern Mixed-Use NNN Leased Building

      Mixed-use building in New Longview Commercial District with two long-term leases.
      Lees Summit, MO 64081
      View Details
    • $1,800,000
      0.59 Acres

      Lee's Summit Retail Investment

      5,800 sq. ft. retail building on 0.59 acres.
      959 SE Oldham Pkwy, Lees Summit, MO 64081
      View Details
    • $1,300,000
      1.60 Acres

      Remodeled Commercial Property with Warehouse

      Versatile commercial space with offices, warehouse, and showroom in Lee's Summit.
      1600 SW Market St, Lees Summit, MO 64081
      View Details
    • $1,825,000
      4,925 SF

      Retail Investment Opportunity

      Retail property with two tenants and long-term leases.
      420 SW Longview Blvd, Lees Summit, MO 64081
      View Details
    • Contact for pricing
      14.18 Acres

      Lee's Summit Commercial Land

      Retail, Office, Medical Opportunity
      0 O'brien Rd, Lee's Summit, MO 64081
      View Details
    • $4,000,000
      3.52 Acres

      Automotive Business Opportunity in Lee's Summit

      Two buildings designed for high-volume automotive operations and streamlined workflow.
      1500-1502 SW Market St, Lees Summit, MO 64081
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      3,184 SF

      Lee's Summit Retail/Office Space

      Retail and office spaces available in Lee's Summit, Missouri.
      450 SW Ward Rd, Lees Summit, MO 64081
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Lee's Summit

      Retail space available for lease in Lee's Summit, MO.
      310 W Ward Rd, Lees Summit, MO 64081
      View Details
    • $17 SF/Yr
      2,590 SF

      Retail Space Available For Rent

      Retail space available for lease in Lee's Summit, Missouri.
      403-447 SW Ward Rd, Lees Summit, MO 64081
      View Details
    • Contact for pricing
      1,200 SF

      Grocery-Anchored Shopping Center Space

      Retail spaces available in high-traffic shopping center.
      400 SW Ward Rd, Lees Summit, MO 64081
      View Details
    • $35 SF/Yr
      5,000 SF

      Lee's Summit Retail Space For Lease

      Prime retail space, multiple units available.
      1690-1694 Chipman Rd, Lee's Summit, MO 64081
      View Details
    • $18 SF/Yr
      1,950 SF

      Office Space Available For Rent

      1950 square feet of office space for lease.
      900 SW Oldham Pkwy, Lees Summit, MO 64081
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1321 Market St
    Lees Summit, MO 64081-2904
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.