3225 3Rd StLee's Summit, MO 64081

Property Details for 3225 3Rd St

Year built

2020

Construction

WOOD

Lot size

0.53 AC

Property size (Sq ft)

2,268 SF

Property type

Turn key restaurants

APN

62-420-98-19

APU

624209819

Description

This exceptional 0.66-acre commercial property, located at 3225 SW 3rd Street in Lee's Summit, Missouri, presents a unique owner-user investment opportunity. Priced at $700,000, this fully improved and entitled retail pad site boasts 28,750 square feet and is ideally situated within a rapidly growing corridor. All utilities are conveniently located on-site, and an access drive with a significant portion of the parking lot is already installed. Benefit from the high visibility and established traffic generated by its proximity to a new B&B Movie Theater, a Taco Bell, a McDonald's, and other successful businesses. This is the last remaining first-tier site in this thriving development, offering unparalleled access to a dense population base. The property's strategic location near Longview Lake and Fred Arbanas Golf Course further enhances its appeal. The lease type is NNN. This is a rare chance to acquire a turnkey retail pad in a prime Lee's Summit location. Don't miss this opportunity to establish your business in a high-traffic area with excellent visibility and strong surrounding businesses. The property is zoned for commercial use and is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $675,590

  6.5%

  $623,621

  7%

  $579,077

• Comparable approach

  Method

  Valuation

  Relative Method

  $408,820

  Geo Method

  $408,820

• Alternative Use

  Use

  Valuation

  Residential

  $526,048

  Hospitality

  $481,857

  Educational

  $400,899

  Medical

  $414,687

  Retail

  $623,621

Location Insight

City

Lees Summit

County

Jackson

State

Missouri

Latitude

38.9126

Longitude

-94.4466

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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