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NE 150 & 291 Hwy - 54 Acres
Lee's Summit, MO 64082
NE 150 & 291 Outer Rd Parcel · Land For Sale · 54.70 AC

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INVESTMENT HIGHLIGHTS

  • Prime Location and Visibility
  • Large Interchange Parcel
  • High Traffic Counts

EXECUTIVE SUMMARY

Prime location with high visibility & traffic counts! Adjacent to Walmart on 291 Hwy. Fastest growing corridor of Lee’s Summit in one of the highest median incomes in all of Eastern Jackson County with new residential developments occurring to the east, Cobey Creek, and to the south Lake Winnebago. Possibilities are endless with this property designated as commercial/retail on the Lees Summit master plan.
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.
There is another 70 acres for sale adjacent to the property to the east and north listed with the same 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

Sale Type Investment or Owner User
Sale Condition Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 54.70 AC
Cross Streets 150 Hwy
Zoning Commercial

1 LOT AVAILABLE

Lot

Price $13,303,442 CAD
Price Per AC $243,225.11 CAD
Lot Size 54.70 AC

High visibility, outer road parcel with flat terrain, adjacent to Walmart on 291 Hwy. Seller will subdivide.

DESCRIPTION

Prime location with high visibility & traffic counts! Adjacent to Walmart on 291 Hwy. Fastest growing corridor of Lee’s Summit in one of the highest median incomes in all of Eastern Jackson County with new residential developments occurring to the east, Cobey Creek, and to the south Lake Winnebago. Possibilities are endless with this property designated as commercial/retail on the Lees Summit master plan.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
70-500-03-07-01-1-00-000
Land Assessment
$5,667 CAD
Improvements Assessment
$0 CAD
Total Assessment
$5,667 CAD
  • Listing ID: 18339350

  • Date on Market: 2020-01-29

  • Last Updated:

  • Address: NE 150 & 291 Hwy - 54 Acres, Lee's Summit, MO 64082

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