Property profile

3410 SW Market St Lees Summit, MO 64082

FOR LEASE
Retail space
Property ID
US48-1455920
5,005 SF 21.02 ac lot Built 2016
Entity Owned Free & Clear
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3410 SW Market St, Lees Summit, MO 64082 For Lease
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3410 SW Market St, Lees Summit, MO 64082
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Property summary

AI-generated overview

This exceptional commercial land opportunity presents two pad-ready sites totaling 0.79 to 2.2 acres. Strategically located in a high-growth area of South Lee's Summit, Missouri, this property boasts an enviable location directly adjacent to a Walmart Supercenter. The graded sites are ideally suited for a variety of commercial uses, including restaurants, shadow-anchored retail establishments, or a bank. The area's strong retail presence is further enhanced by the proximity of numerous national brands, such as Price Chopper, Home Depot, Lowe's, Target, Kohl's, McDonald's, Arby's, Taco Bell, Quik Trip, and Sherwin Williams. This prime location offers excellent visibility and accessibility, ensuring high traffic volume and significant potential for business success. The property's size and location make it an exceptional investment opportunity for developers and businesses seeking a high-traffic, established retail environment. The two pads offer flexibility for single or multi-tenant development, catering to a range of business needs and expansion plans. Don't miss this chance to secure a prominent position in a thriving commercial corridor. The address is 3410 Southwest Market Street, Lee's Summit, MO 64082.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2016
Construction WOOD
Total area 5,005 SF
Lot 21.02 ac (915,631 SF)
APN 70-500-03-15
UPID US48-1455920

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bank Credit Union
  • Hardware & Home Improvement
  • Locksmith (Bike/Boat/Book/etc) Store
  • Kennel & Boarding Facility
  • Bakery Specialty Food Shop

Location

3410 SW Market St Lees Summit, MO 64082
Lees Summit metro Census 13504 KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.10M
Comparable Approach Comparable
$986k
Blend (final) Blend
$1.04M

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Commercial (general) $890,000 +40.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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