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    Property profile & analytics

    1850 Chipman Rd Lees Summit, MO 64081-3938

    • Retail space
    • 174,948 SF
    • 15.28 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US48-0858869
    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

    • Mary Chandler / Pharmacy
    • Discount Tire Repair Parts / Contractor
    • Target / Home Goods Store / Outdoor Furniture Store
    • Cardtronics ATM / Atm
    • Pizza Hut Express / Pizza Restaurant / Pizza Takeout

    Property Details for 1850 Chipman Rd

    Year built
    2001
    Construction
    WOOD
    Lot size
    15.28 lot acres
    Property size
    174,948 SF
    Property type
    Retail space
    APN
    51-700-03-09
    APU
    517000309

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lees Summit
    County
    Jackson
    State
    Missouri
    Longitude
    -94.4094
    Latitude
    38.931
    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
    $291,090
    $2,163,680
    $1,219,040
    $3,382,720
    -
    $0.00
    $0.00
    $10,571,000

    Comparable in this City

    • Value Estimation by Request
      4.19 Acres

      150 Murray Rd

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    • Value Estimation by Request
      4,000 SF

      1025 Jefferson St

      RETAIL STORES (PERSONAL SERVICES) • 4,000 SF
      1025 Jefferson St, Lees Summit, MO 64081-2749
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      $375,000
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      1304 Market St

      RETAIL STORES (PERSONAL SERVICES) • 3,392 SF
      1304 Market St, Lees Summit, MO 64081-2903
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      $385,000
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      807 Oldham Pkwy

      RETAIL STORES (PERSONAL SERVICES) • 768 SF
      807 Oldham Pkwy, Lees Summit, MO 64081-2606
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      $355,000
      1,640 SF

      1031 Jefferson St

      RETAIL STORES (PERSONAL SERVICES) • 1,640 SF
      1031 Jefferson St, Lees Summit, MO 64081-2749
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    • Value Estimation by Request
      2,000 SF

      1600 Willow Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,000 SF
      1600 Willow Rd, Lees Summit, MO 64081-3125
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      Retail Space in Lee's Summit

      Retail space available for lease in Lee's Summit, MO.
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    • $16 SF/Yr
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      Lee's Summit Retail/Office Space

      Retail and office spaces available in Lee's Summit, Missouri.
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      1,200 SF

      Grocery-Anchored Shopping Center Space

      Retail spaces available in high-traffic shopping center.
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      Retail Space Available For Rent

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    • $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
    • $22 SF/Yr
      32,006 SF

      Lee's Summit Office Space for Lease

      Class A Office, Mixed-Use, 10,383 SF Vacant
      400 Longview Rd, Lee's Summit, MO 64081
      View Details

    Property Visit Statistics

    • Visits by month
      263.1k
    • Visitors by month
      153.4k
    • Avg Time on site
      31 min
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    1850 Chipman Rd
    Lees Summit, MO 64081-3938
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    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
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