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    Property profile & analytics

    905 Colbern Rd Lees Summit, MO 64086-5471

    • Retail space
    • 33,804 SF
    • 2.73 lot acres
    OFF-MARKET
    Value Estimation
    $670,000
    Location Intelligence
    Property ID
    US48-1031055
    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

    • BreLad Investments, LLC / Property Investment Company

    Property Details for 905 Colbern Rd

    Year built
    1981
    Construction
    WOOD
    Lot size
    2.73 lot acres
    Property size
    33,804 SF
    Property type
    Retail space
    APN
    52-540-01-20
    APU
    525400120

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $700,000

    • CAP approach

      CAP return
      Estimation
      6%
      $745,000
      6.5%
      $665,000
      7%
      $655,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $770,000
      Geo Method
      $760,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $675,000
      Retail
      $705,000
      Mixed-Use
      $645,000
      Hospitality
      $595,000
      Educational
      $570,000
      Residential Income
      $580,000
      Energy
      $555,000
      Income-Based Land
      $620,000
      Food Service
      $655,000

    Location Insight

    • Map
    • Local Demand
    City
    Lees Summit
    County
    Jackson
    State
    Missouri
    Longitude
    -94.3589
    Latitude
    38.9449
    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
    $14,446
    $108,800
    $59,072
    $167,872
    -
    $0.00
    $0.00
    $524,600

    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
      1,386 SF

      1601 Tudor Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,386 SF
      1601 Tudor Rd, Lees Summit, MO 64086-6743
      View Details
    • Value Estimation by Request
      2,400 SF

      1711 Rice Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      1711 Rice Rd, Lees Summit, MO 64086-5402
      View Details

    Similar Nearby for Sale

    • $1,450,000
      3,675 SF

      Lee's Summit Retail Opportunity

      Retail space in a highly sought-after Lee's Summit location.
      909 NE Rice Rd, Lees Summit, MO 64086
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    • $1,800,000
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      Lees Summit Retail Investment

      Retail property in Lees Summit, MO with corporate guarantee.
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    • $174,300
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      Acreage Lot in Crawford Creek

      Premier acreage community with broadband internet and breathtaking views.
      14412 Stringtown Ct, Lake Lotawana, MO 64086
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    • $152,250
      3.04 Acres

      Acreage Lot in Crawford Creek

      Premier rural acreage community with breathtaking views and broadband internet.
      14516 Stringtown Dr, Lake Lotawana, MO 64086
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    • $463,050
      16.06 Acres

      Acreage Lot in Crawford Creek Estates

      Premier acreage community with large lots, broadband, and scenic views.
      32201 Outer Belt Rd, Lake Lotawana, MO 64086
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    • $201,600
      4.54 Acres

      Acreage Lot in Crawford Creek

      4.54 acre lot in a premier rural acreage community.
      13911 Crawford Crk Cir, Lake Lotawana, MO 64086
      View Details

    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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    905 Colbern Rd
    Lees Summit, MO 64086-5471
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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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