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    Property profile & analytics

    420 Chipman Rd Lees Summit, MO 64086-6087

    • Retail space
    • 4,640 SF
    • 1.10 lot acres
    OFF-MARKET
    Value Estimation
    $600,000
    Location Intelligence
    Property ID
    US48-0930436
    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

    • Bitcoin ATM Lee's Summit - Coinhub / Atm / Currency Exchange Service
    • Hunt Brothers Pizza / Pizza Restaurant / Pizza Takeout
    • Sunoco / Gas Station

    Property Details for 420 Chipman Rd

    Year built
    2020
    Construction
    WOOD
    Lot size
    1.10 lot acres
    Property size
    4,640 SF
    Property type
    Retail space
    APN
    52-900-03-71
    APU
    529000371

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $585,000

    • CAP approach

      CAP return
      Estimation
      6%
      $705,000
      6.5%
      $740,000
      7%
      $660,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $660,000
      Geo Method
      $595,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $740,000
      Retail
      $590,000
      Mixed-Use
      $785,000
      Hospitality
      $715,000
      Educational
      $795,000
      Residential Income
      $685,000
      Energy
      $620,000
      Income-Based Land
      $575,000
      Food Service
      $735,000

    Location Insight

    • Map
    • Local Demand
    City
    Lees Summit
    County
    Jackson
    State
    Missouri
    Longitude
    -94.3907
    Latitude
    38.9259
    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
    $44,714
    $280,000
    $239,616
    $519,616
    -
    $0.00
    $0.00
    $1,623,800

    Comparable in this City

    • Value Estimation by Request
      3,520 SF

      1820 County Park Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,520 SF
      1820 County Park Rd, Lees Summit, MO 64086-6608
      View Details
    • Value Estimation
      $380,000
      1,200 SF

      1803 Colbern Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,200 SF
      1803 Colbern Rd, Lees Summit, MO 64086-6609
      View Details
    • Value Estimation
      $550,000
      11,400 SF

      825 Commerce Dr

      RETAIL STORES (PERSONAL SERVICES) • 11,400 SF
      825 Commerce Dr, Lees Summit, MO 64086-9381
      View Details
    • Value Estimation
      $525,000
      4,258 SF

      1125 Douglas St

      RETAIL STORES (PERSONAL SERVICES) • 4,258 SF
      1125 Douglas St, Lees Summit, MO 64086-4603
      View Details
    • Value Estimation by Request
      1,536 SF

      Lees Summit, MO 64086

      RETAIL STORES (PERSONAL SERVICES) • 1,536 SF
      Lees Summit, MO 64086
      View Details
    • Value Estimation by Request
      192,014 SF

      1000 Sam Walton Ln

      RETAIL STORES (PERSONAL SERVICES) • 192,014 SF
      1000 Sam Walton Ln, Lees Summit, MO 64086-8426
      View Details

    Similar Nearby for Sale

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      Lee's Summit Retail Opportunity

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    Similar Nearby for Lease

    • $25 SF/Yr
      3,930 SF

      Retail Space on 291 Highway

      3,930 SF in-line retail space for lease.
      600-638 NE State Route 291, Lees Summit, MO 64086
      View Details
    • Contact for pricing
      3,054 SF

      Retail Space in Lees Summit

      Retail space available for lease in Lees Summit, Missouri.
      1100 NE Douglas St, Lees Summit, MO 64086
      View Details
    • $20 SF/Yr
      5,100 SF

      Retail Space on Rice Road

      Retail space with high traffic and excellent visibility.
      813 NE Rice Rd, Lees Summit, MO 64086
      View Details
    • Contact for pricing
      1,682 SF

      Retail Space with Highway Visibility

      Retail space with excellent visibility and recent improvements.
      1153-1225 NE Rice Rd, Lees Summit, MO 64086
      View Details
    • $15 SF/Yr
      8,767 SF

      Retail Space in Lees Summit

      Retail space available in a high-traffic Lees Summit location.
      930 NE Columbus St, Lees Summit, MO 64086
      View Details
    • Contact for pricing
      1,750 SF

      Retail Space with Highway Visibility

      Retail space with excellent visibility and recent improvements.
      1121 NE Rice Rd, Lees Summit, MO 64086
      View Details
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    420 Chipman Rd
    Lees Summit, MO 64086-6087
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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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