1737 Rice Rd Lees Summit, MO 64086-5402
This exceptional 6,000 square foot retail property, located at 1737 NE Rice Road in Lee's Summit, Missouri, presents a unique investment opportunity. Built in 1999 and boasting a complete interior renovation in 2006, this single-story building sits on a 1.42-acre lot and offers excellent visibility from Highway 291. Currently operating as a lawn power equipment store, the open floor plan allows for diverse business applications. The property features three offices, two restrooms (one with a shower), three to five storage rooms, a mop room with mechanicals, and a 700 square foot upstairs mezzanine overlooking the main area. Amenities include a new HVAC unit (2019), a 12-foot overhead bay door, and a fenced back lot with 6-foot vinyl privacy fencing. An additional vacant lot is included in the sale. The property is zoned CP-2 commercial, ensuring flexibility for various uses. This 100% occupied building is priced at $950,000 and offers significant potential for growth in a high-traffic location. Don't miss this chance to acquire a well-maintained, versatile commercial property in a thriving Lee's Summit market. The property's features include ample storage, a convenient mezzanine, and a strategic location near Highway 291.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
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.