3750 Cheddington DrLee's Summit, MO 64082

  • Commercial land
  • 1.06 AC

Property Details for 3750 Cheddington Dr

Lot size
1.06 AC
Property type
Commercial land
APN
70-910-09-15
APU
709100915

Description

This exceptional 1.045-acre lot, located at 3750 SW Cheddington Dr in Lee's Summit, Missouri, presents a unique investment opportunity. Situated in Jackson County, zip code 64082, this property is zoned CP-2, allowing for a variety of development possibilities, including residential and mixed-use projects. The lot's size offers ample space for a substantial development. The location benefits from exceptional visibility and accessibility, enhanced by its proximity to a thriving commercial area. A significant advantage is the presence of a grocery-anchored center, further strengthened by the expansion and renovation of a Price Chopper in 2018 and the opening of a Walmart Super Center across the street in 2017. This established commercial presence ensures high foot traffic and strong consumer demand. The property is available for sale, and the owner is open to build-to-suit options, offering flexibility for potential buyers. Up to 17,480 square feet of leasable space is possible, depending on the development plan. The seller is also willing to consider selling parcels ranging from 0.65 acres to 6 acres. This prime location and flexible development options make this a highly attractive investment opportunity for discerning buyers seeking to capitalize on the growth and potential of Lee's Summit.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $10,356,840
    Hospitality
    $9,486,810
    Educational
    $7,892,914
    Medical
    $8,164,364
    Retail
    $12,277,867

Location Insight

City
Lees Summit
County
Jackson
State
Missouri
Latitude
38.8518
Longitude
-94.3841
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
$149
$896
$832
$1,728
-
-
-
$5,400

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