428 Fleetway CirLee's Summit, MO 64081

  • Outlet malls
  • 2,592 SF
For Lease
$5/SF/YR View listing

Property Details for 428 Fleetway Cir

Year built
1998
Construction
METAL FRAME
Lot size
1.79 AC
Property size (Sq ft)
2,592 SF
Property type
Outlet malls
APN
61-500-04-76
APU
615000476

Description

This exceptional 24,000-square-foot free-standing industrial/flex building presents a unique opportunity in Lee's Summit, Missouri. Located at 428 SE Fleetway Circle, zip code 64081, this single-tenant property offers immediate occupancy with its entirely vacant space. The building boasts a substantial 25-foot ceiling height, providing ample vertical clearance for various uses. Convenient loading and unloading are ensured by the presence of two dock-high doors and two drive-in doors. The property's classification as both flex and warehouse space allows for a wide range of potential applications, catering to businesses requiring both office and warehouse functionality. Situated in Jackson County, this strategically located building offers easy access to major transportation routes, making it an ideal location for distribution and logistics operations, as well as manufacturing or light industrial businesses. The property's size and features make it suitable for a variety of businesses seeking a spacious and functional workspace. This is a rare opportunity to secure a substantial, move-in ready industrial space in a thriving Missouri market. Contact us today to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $752,991
    6.5%
    $695,068
    7%
    $645,421
  • Comparable approach

    Method
    Valuation
    Relative Method
    $467,222
    Geo Method
    $467,222
  • Alternative Use

    Use
    Valuation
    Residential
    $586,316
    Hospitality
    $537,063
    Educational
    $446,830
    Medical
    $462,197
    Retail
    $695,068
428 Fleetway Cir, Lee's Summit, Missouri

Location Insight

City
Lees Summit
County
Jackson
State
Missouri
Latitude
38.8962
Longitude
-94.3615
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
$30,246
$72,192
$279,008
$351,200
-
-
-
$1,097,500

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