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Property profile & analytics
OFF-MARKET Estimated value $500,000
Office buildings

321 Wilson St Lees Summit, MO 64063-2715

3,984 SF 0.56 ac lot Built 2000
Entity Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US48-0367860
Property summary
AI-generated overview

This exceptional single-story, 4,100 square foot commercial building, constructed in 2000, offers a unique opportunity for businesses seeking versatile office space in the heart of Lee's Summit. The property is zoned CO-2 and features three suites, with a total of 2,100 square feet currently available. The minimum divisible space is 900 square feet, making it ideal for a variety of tenants. A particularly attractive feature is a 2nd generation dental suite, available in excellent condition, ready for immediate occupancy. This suite is part of a building boasting an enviable location, just steps from Downtown Lee's Summit and adjacent to the vibrant Downtown Market Plaza. The Plaza offers a diverse range of restaurants, an outdoor performance area, and a farmers market/event space, creating a lively and attractive environment for employees and clients alike. The building also benefits from prominent building signage opportunities facing the heavily trafficked 2nd Street, ensuring high visibility for your business. The property's APN is 61-230-10-10-01-0-00-000, located in Jackson County. Local ownership ensures responsive management and a commitment to tenant satisfaction. This is a rare opportunity to secure prime commercial space in a thriving and convenient location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2000
Construction WOOD
Total area 3,984 SF
Lot 0.56 ac (24,394 SF)
APN 61-230-10-10-01
UPID US48-0367860
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
  • Midwest ADP Medical Clinic
  • Midwest ADP Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
$690k
Comparable Approach Comparable
$490k
Blend (final) Blend
$500k
Owner & transaction history
321 Se Wilson LLC · 2 yrs held
321 Se Wilson LLC
since 2023
6 recorded transactions
2023
Price N/A
2022
Price N/A
1999
Price N/A
1999
Price N/A
1998
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $730,000 +28.9%
Commercial (general) $705,000 +24.8%
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