19 3rd St Lees Summit, MO 64063-2322
- Retail space
- 1,591 SF
- 0.04 lot acres
Current Use by Public Records
- Native Hemp Company / Vitamin & Supplements Store / Boutique
- J & C Masonry / Masonry Contractor
Property Details for 19 3rd St
- Year built
- 1910
- Construction
- WOOD
- Lot size
- 0.04 lot acres
- Property size
- 1,591 SF
- Property type
- Retail space
- APN
- 61-230-17-04
- APU
- 612301704
Description
This exceptional single-tenant retail property, encompassing 1,490 square feet, is ideally situated in the vibrant heart of Downtown Lee's Summit, Missouri. The property boasts a convenient location, offering unparalleled accessibility and visibility. Its prime position places it within comfortable walking distance of a diverse array of retail establishments, restaurants, and office spaces, ensuring high foot traffic and significant exposure to potential customers. The building itself is a single-story structure, offering easy access and efficient use of space. The property's address is 19 SE 3rd Street, Lee's Summit, MO, and its APN is 61-230-17-04-00-0-00-000, located within Jackson County. This presents a unique opportunity for businesses seeking a high-traffic, easily accessible location in a thriving downtown area. The single-tenant occupancy provides flexibility and control for the new owner. The property's size is perfectly suited for a variety of retail uses, making it an attractive investment for both established businesses and new ventures. This is a rare opportunity to acquire a well-positioned retail space in a desirable and growing market. The property's strategic location within the downtown core ensures maximum visibility and accessibility for customers and employees alike.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $355,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $430,000
- 6.5%
- $440,000
- 7%
- $480,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $475,000
- Geo Method
- $425,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $375,000
- Retail
- $470,000
- Mixed-Use
- $515,000
- Hospitality
- $455,000
- Educational
- $445,000
- Residential Income
- $400,000
- Energy
- $395,000
- Income-Based Land
- $455,000
- Food Service
- $480,000
Location Insight
- Map
- Local Demand
- City
- Lees Summit
- County
- Jackson
- State
- Missouri
- Longitude
- -94.3764
- Latitude
- 38.9123
- CBSA code
- 28140
- CBSA name
- KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA