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    Property profile & analytics

    304 3rd St Lees Summit, MO 64063-2724

    • Office buildings
    • 4,608 SF
    • 0.38 lot acres
    OFF-MARKET
    Value Estimation
    $445,000
    Last Sale
    Sep 27, 2022
    Location Intelligence
    Property ID
    US48-3177560
    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

    • Michael P Swisher PC / Family Law Attorney / Law Firm
    • Baird Realty Group / Real Estate Agency
    • Brickhouse Team / Real Estate Agency
    • Real Estate Agent for Homes In Lee's Summit / Real Estate Consultant
    • ListPro Realty / Real Estate Agency

    Property Details for 304 3rd St

    Year built
    2004
    Construction
    WOOD
    Lot size
    0.38 lot acres
    Property size
    4,608 SF
    Property type
    Office buildings
    APN
    61-230-14-07
    APU
    612301407

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $405,000

    • CAP approach

      CAP return
      Estimation
      6%
      $505,000
      6.5%
      $535,000
      7%
      $505,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $615,000
      Geo Method
      $480,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $515,000
      Retail
      $570,000
      Mixed-Use
      $445,000
      Hospitality
      $535,000
      Educational
      $465,000
      Residential Income
      $470,000
      Energy
      $565,000
      Income-Based Land
      $545,000
      Food Service
      $485,000

    Location Insight

    • Map
    • Local Demand
    City
    Lees Summit
    County
    Jackson
    State
    Missouri
    Longitude
    -94.3726
    Latitude
    38.9142
    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
    $23,887
    $64,000
    $228,188
    $292,188
    -
    $0.00
    $0.00
    $1,100,000

    Comparable in this City

    • Value Estimation by Request
      2,018 SF

      200 3rd St

      OFFICE BUILDING • 2,018 SF
      200 3rd St, Lees Summit, MO 64063-2310
      View Details
    • Value Estimation by Request
      3,504 SF

      211 Noel St

      OFFICE BUILDING • 3,504 SF
      211 Noel St, Lees Summit, MO 64063-2241
      View Details
    • Value Estimation by Request
      4,836 SF

      521 2nd St

      OFFICE BUILDING • 4,836 SF
      521 2nd St, Lees Summit, MO 64063-2671
      View Details
    • Value Estimation by Request
      1,920 SF

      208 3rd St

      OFFICE BUILDING • 1,920 SF
      208 3rd St, Lees Summit, MO 64063-2762
      View Details
    • Value Estimation by Request
      1,408 SF

      400 State Rte 291

      OFFICE BUILDING • 1,408 SF
      400 State Rte 291, Lees Summit, MO 64063-2914
      View Details
    • Value Estimation
      $300,000
      1,023 SF

      205 Jefferson St

      OFFICE BUILDING • 1,023 SF
      205 Jefferson St, Lees Summit, MO 64063-2311
      View Details

    Similar Nearby for Sale

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      Lee's Summit Commercial Land

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      4-acre development opportunity, $1M+
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      Successful event space business and real estate opportunity for sale.
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    Similar Nearby for Lease

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      70,300 SF

      Lee's Summit Office Space Available

      Office space for lease in Lee's Summit, Missouri.
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    • $16 SF/Yr
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      730 SF office space for rent in Lees Summit.
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    • $16 SF/Yr
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      Lee's Summit Office Space for Lease

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    • $18 SF/Yr
      3,750 SF

      Lees Summit Office Space

      Office space available for lease in Lees Summit, Missouri.
      401 SE Douglas St, Lees Summit, MO 64063
      View Details
    • $1,700 /Mo
      1,198 SF

      Renovated Office Space in Lee's Summit

      Newly renovated office space in convenient Bayberry Business Center location.
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      View Details
    • $15 SF/Yr
      8,508 SF

      Lee's Summit Office Space for Lease

      Prime Office Space, 1,000-2,310 sq ft
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      View Details
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    304 3rd St
    Lees Summit, MO 64063-2724
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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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