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    FOR LEASE
    Banks

    909 NE Rice Rd, Lees Summit, MO 64086

    3,808 SF 1.03 ac lot Built 1996
    Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US48-0542124
    Property summary
    AI-generated overview

    This exceptional 3,675 square foot retail property, located at 909 NE Rice Rd in Lee's Summit, Missouri, is offered at $1,450,000. Currently configured as a bank, this owner-user investment opportunity presents significant potential for a variety of adaptive uses. Situated on a 1.1-acre lot, the building boasts 291 feet of highway frontage, ensuring high visibility and accessibility. The property benefits from a highly sought-after location in Lee's Summit, placing it in close proximity to major retailers such as Hobby Lobby, Walmart, and Sprouts, guaranteeing substantial foot traffic and brand recognition. There are no seller restrictions, providing flexibility for prospective buyers to tailor the space to their specific business needs. The property's zip code is 64086, and its location within Jackson County, Missouri offers convenient access to major transportation routes and a thriving local community. This is a rare opportunity to acquire a well-positioned retail space with significant upside potential in a dynamic market. The property's size and location make it ideal for a variety of businesses seeking a high-profile presence in a densely populated area.

    Property profile
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Year built 1996
    Construction WOOD
    Total area 3,808 SF
    Lot 1.03 ac (44,867 SF)
    APN 52-840-01-07
    UPID US48-0542124
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Equity Bank Bank Loan Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Wais Properties LLC · 12 yrs held
    Wais Properties LLC
    since 2013
    7 recorded transactions
    2013
    1969
    1969
    1969
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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