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19400 E 150 Hwy
Lee's Summit, MO 64082
60 acres at 150 & 291 · Land For Sale · 60.00 AC

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EXECUTIVE SUMMARY

Fastest growing corridor with one of the highest median incomes in all of Eastern Jackson County. New residential developments, Cobey Creek, just to the east, Summit Creek & Lake Winnebago to the south, & Raintree Lake to the West. Shamrock Golf Course to the north. High visibility & traffic counts at 18,000+ vehicles per day on 150 Hwy, 28,000 on 291 Hwy.
This 70 acres is adjacent to another 60 acres for sale with the same listing broker. Additionally, another 44 acres is for sale with the same broker for a total of 175 acres. See the brochure for the layouts of the different parcels. See brochure for a "conceptual" site plan. These properties can be developed residentially as well as for commercial mixed use and multifamily on the frontage. The conceptual site plan is for marketing purposes only. Two different property owners are not developers, so they do not want to sell small parcels. They will subdivide large swaths to a residential or commercial developer and have allowed listing broker to advertise with a conceptual site plan. Property owners understand the pricing differences between residential and commercial property and that prices are dependent upon what the end use would be. For marketing purposes, the asking prices are a blended rate between residential and commercial due to the large acreage.

PROPERTY FACTS Under Contract

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 60.00 AC
Zoning AG

1 LOT AVAILABLE

Lot

Price $7,255,914 CAD
Price Per AC $120,931.90 CAD
Lot Size 60.00 AC

Incredible location on 150 Hwy between 291 Hwy and Cobey Creek. Additional 54 acres to the north of the property is under contract

DESCRIPTION

This 60 acres is adjacent to another 60 acres for sale with the same listing broker. Additionally, another 44 acres is under contract. See the brochure for the layouts of the different parcels. See brochure for a "conceptual" site plan. These properties can be developed residentially as well as for commercial mixed use and multifamily on the frontage. The conceptual site plan is for marketing purposes only. Two different property owners are not developers, so they do not want to sell small parcels. They will subdivide large swaths to a residential or commercial developer and have allowed listing broker to advertise with a conceptual site plan. Property owners understand the pricing differences between residential and commercial property and that prices are dependent upon what the end use would be. For marketing purposes, the asking prices are a blended rate between residential and commercial due to the large acreage.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
70-500-04-02-00-0-00-000
Land Assessment
$6,458 CAD
Improvements Assessment
$0 CAD
Total Assessment
$6,458 CAD
  • Listing ID: 22873626

  • Date on Market: 2021-04-29

  • Last Updated:

  • Address: 19400 E 150 Hwy, Lee's Summit, MO 64082

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