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    Property profile & analytics

    401 Ward Rd Lees Summit, MO 64081-2448

    • Office buildings
    • 500 SF
    • 0.49 lot acres
    OFF-MARKET
    Value Estimation
    $390,000
    Location Intelligence
    Property ID
    US48-0684546
    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

    • Matthew J Cummings, DDS, PC / Dentist
    • Sleepcare / Medical Clinic / Medical Supply Store
    • Global Health Chiropractic -Lee's Summit / Chiropractor
    • Dr. Kevin Cummings / Dentist / Practitioner Service Location
    • NCHURCHTATTOO LLC / Tattoo Shop

    Property Details for 401 Ward Rd

    Year built
    1987
    Construction
    WOOD
    Lot size
    0.49 lot acres
    Property size
    500 SF
    Property type
    Office buildings
    APN
    61-420-04-20
    APU
    614200420

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $355,000

    • CAP approach

      CAP return
      Estimation
      6%
      $505,000
      6.5%
      $455,000
      7%
      $505,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $510,000
      Geo Method
      $410,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $520,000
      Retail
      $390,000
      Mixed-Use
      $450,000
      Hospitality
      $395,000
      Educational
      $435,000
      Residential Income
      $530,000
      Energy
      $420,000
      Income-Based Land
      $385,000
      Food Service
      $430,000

    Location Insight

    • Map
    • Local Demand
    City
    Lees Summit
    County
    Jackson
    State
    Missouri
    Longitude
    -94.3947
    Latitude
    38.9097
    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
    $22,445
    $121,696
    $139,136
    $260,832
    -
    $0.00
    $0.00
    $815,100

    Comparable in this City

    • Value Estimation
      $395,000
      3,976 SF

      900 Oldham Pkwy

      OFFICE BUILDING • 3,976 SF
      900 Oldham Pkwy, Lees Summit, MO 64081-2608
      View Details
    • Value Estimation
      $370,000
      4,006 SF

      907 Oldham Pkwya

      OFFICE BUILDING • 4,006 SF
      907 Oldham Pkwya, Lees Summit, MO 64081-2609
      View Details
    • Value Estimation by Request
      1,529 SF

      1600 Market St

      OFFICE BUILDING • 1,529 SF
      1600 Market St, Lees Summit, MO 64081-3109
      View Details
    • Value Estimation
      $340,000
      1,800 SF

      440 Longview Blvd

      OFFICE BUILDING • 1,800 SF
      440 Longview Blvd, Lees Summit, MO 64081-2102
      View Details
    • Value Estimation
      $595,000
      10,080 SF

      445 Murray Rd

      OFFICE BUILDING • 10,080 SF
      445 Murray Rd, Lees Summit, MO 64081-1425
      View Details
    • Value Estimation
      $1,165,000
      5,390 SF

      1680 Chipman Rd

      OFFICE BUILDING • 5,390 SF
      1680 Chipman Rd, Lees Summit, MO 64081-3934
      View Details

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    Similar Nearby for Lease

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    • $20 SF/Yr
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      Office space for rent with high traffic and income.
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      View Details
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    Lees Summit, MO 64081-2448
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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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