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Property profile & analytics
FOR SALE
Office buildings

1600 SW Market St Lees Summit, MO 64081

1,529 SF 1.6 ac lot Built 1950
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US48-3364010
Property summary
AI-generated overview

This exceptional Class A mixed-use property, located at 1600 SW Market Street in Lee's Summit, Missouri, presents a unique investment opportunity. The 10,848 square foot building, situated on a 1.6-acre lot, boasts a prime location with significant frontage exposure. Originally constructed in 1950 and extensively renovated in 2020, this single-tenant building offers a versatile layout ideal for a variety of businesses. The property features 17 spacious offices, six bathrooms, a substantial warehouse, and a dedicated showroom. Additional amenities include a full kitchen, multiple conference rooms, ample storage space, and extensive parking. The asking price is $1,750,000, translating to $161.32 per square foot. This owner-user opportunity combines the benefits of a prime Lee's Summit location with a modern, well-maintained facility, offering significant potential for growth and visibility within a thriving commercial area. The property is zoned for industrial, mixed-use, and office purposes, providing flexibility for a wide range of business operations. The three-story building offers a blend of traditional office space and flexible warehouse capabilities, making it an attractive option for companies seeking a versatile and strategically located commercial space. The ample parking and significant frontage ensure high visibility and convenient access for employees and clients alike.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1950
Construction WOOD
Total area 1,529 SF
Lot 1.6 ac (69,696 SF)
APN 61-800-22-10
UPID US48-3364010
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
Current use
Occupant on record · Public records
  • KC Roofing and Renovation Solutions LLC Construction Company General Contractor
  • KCRR Solutions General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Gill Property Solutions LLC · 5 yrs held
Gill Property Solutions LLC
since 2020
4 recorded transactions
2024
Price N/A
2020
Price N/A
1999
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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