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    Property profile & analytics

    637 State Rte 291 Lees Summit, MO 64086

    • Turn key restaurants
    • 2,984 SF
    • 1.06 lot acres
    OFF-MARKET
    Value Estimation
    $520,000
    Last Sale
    Aug 26, 2021
    Location Intelligence
    Property ID
    US48-0584363
    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

    • Turn key restaurants

    Property Details for 637 State Rte 291

    Year built
    1998
    Construction
    FRAME
    Lot size
    1.06 lot acres
    Property size
    2,984 SF
    Property type
    Turn key restaurants
    APN
    61-210-01-22
    APU
    612100122

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lees Summit
    County
    Jackson
    State
    Missouri
    Longitude
    -94.3594
    Latitude
    38.924
    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
    $42,682
    $332,576
    $163,424
    $496,000
    -
    $0.00
    $0.00
    $1,550,000

    Comparable in this City

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      $595,000
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      690 Blue Pkwy

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    • Value Estimation
      $520,000
      2,162 SF

      1699 Douglas St

      RESTAURANT • 2,162 SF
      1699 Douglas St, Lees Summit, MO 64086-4701
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    • Value Estimation
      $490,000
      6,262 SF

      1731 Douglas St

      RESTAURANT • 6,262 SF
      1731 Douglas St, Lees Summit, MO 64086-4703
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    • Value Estimation
      $375,000
      2,721 SF

      300 Rice Rd

      RESTAURANT • 2,721 SF
      300 Rice Rd, Lees Summit, MO 64086-2978
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    • Value Estimation
      $455,000
      192 SF

      1027 Rice Rd

      RESTAURANT • 192 SF
      1027 Rice Rd, Lees Summit, MO 64086-6360
      View Details
    • Value Estimation
      $570,000
      1,362 SF

      23 Ss Sta

      RESTAURANT • 1,362 SF
      23 Ss Sta, Lake Lotawana, MO 64086-9430
      View Details

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    Similar Nearby for Lease

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    • $25 SF/Yr
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      Retail Space on 291 Highway

      3,930 SF in-line retail space for lease.
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    • 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
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    637 State Rte 291
    Lees Summit, MO 64086
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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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