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    Property profile & analytics

    815 3rd St Lees Summit, MO 64063-2902

    • Turn key restaurants
    • 4,814 SF
    • 1.56 lot acres
    OFF-MARKET
    Value Estimation
    $490,000
    Location Intelligence
    Property ID
    US48-0608332
    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

    • 54th Street Scratch Grill & Bar / Restaurant / Bar & Grill

    Property Details for 815 3rd St

    Year built
    1997
    Construction
    WOOD
    Lot size
    1.56 lot acres
    Property size
    4,814 SF
    Property type
    Turn key restaurants
    APN
    61-240-07-41
    APU
    612400741

    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
    -94.3636
    Latitude
    38.9144
    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
    $27,124
    $288,000
    $27,200
    $315,200
    -
    $0.00
    $0.00
    $985,000

    Comparable in this City

    • Value Estimation
      $475,000
      4,002 SF

      628 State Rte 291

      RESTAURANT • 4,002 SF
      628 State Rte 291, Lees Summit, MO 64063
      View Details
    • Value Estimation
      $535,000
      3,994 SF

      902 Langsford Rd

      RESTAURANT • 3,994 SF
      902 Langsford Rd, Lees Summit, MO 64063-2943
      View Details
    • Value Estimation
      $295,000
      2,758 SF

      321 Main St, Unit B

      RESTAURANT • 2,758 SF
      321 Main St, Lees Summit, MO 64063-2333
      View Details
    • Value Estimation by Request
      6,394 SF

      219 Main St

      RESTAURANT • 6,394 SF
      219 Main St, Lees Summit, MO 64063-2331
      View Details
    • Value Estimation by Request
      660 SF

      235 Main St

      RESTAURANT • 660 SF
      235 Main St, Lees Summit, MO 64063-2331
      View Details
    • Value Estimation
      $370,000
      1,420 SF

      1901 Langsford Rd

      RESTAURANT • 1,420 SF
      1901 Langsford Rd, Lees Summit, MO 64063-3608
      View Details

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      Mixed-use building in downtown Lee's Summit with income potential.
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    Similar Nearby for Lease

    • Contact for pricing
      17,000 SF

      Lee's Summit Retail Center

      Prime Downtown Retail Space Available
      0 3Rd St, Lee's Summit, MO 64063
      View Details
    • $17 SF/Yr
      1,549 SF

      Retail Space on Langsford Road

      Retail space with high traffic and convenient highway access.
      905 E Langsford Rd, Lees Summit, MO 64063
      View Details
    • Contact for pricing
      10,500 SF

      Lee's Summit Retail Spaces

      Prime Downtown Mixed-Use Opportunity
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      Retail Space with Outdoor Patios

      Retail property featuring outdoor seating and high traffic exposure.
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      Green Street Retail Spaces in Lee's Summit

      Prime Retail & Entertainment Spaces in Downtown Lee's Summit
      2nd St And Johnson Dr, Lee's Summit, MO 64063
      View Details

    Property Visit Statistics

    • Visits by month
      31.1k
    • Visitors by month
      25.8k
    • Avg Time on site
      59 min
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    815 3rd St
    Lees Summit, MO 64063-2902
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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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