831 Woods Chapel RdLee's Summit, MO 64064

Property Details for 831 Woods Chapel Rd

Year built

2003

Construction

WOOD

Lot size

0.94 AC

Property size (Sq ft)

988 SF

Property type

Banks

APN

43-810-01-02

APU

438100102

Description

This exceptional executive office building, located at 831 NE Woods Chapel Rd in Lee's Summit, Missouri, presents a compelling investment opportunity. The property boasts a substantial 14,840 square feet of office space, currently operating at 100% occupancy, ensuring immediate cash flow. Situated on a generous 4.7-acre lot, the building offers ample parking and room for expansion or future development. The address is 831-839 Northeast Woods Chapel Road, zip code 64064, within Jackson County. The property's prime location in Lee's Summit provides easy access to major transportation routes and a thriving business community. This is a turnkey operation, ideal for an investor seeking a stable, high-performing asset. The asking price for this fully occupied office building is $2,150,000. The property's size and current occupancy make it an attractive proposition for both experienced and new investors in the commercial real estate market. Detailed financial information and property reports are available upon request. This is a rare opportunity to acquire a well-established, high-performing office building in a desirable location. Don't miss out on this chance to secure a valuable addition to your investment portfolio.

• CAP approach

  CAP return

  Valuation

  6%

  $272,242

  6.5%

  $251,300

  7%

  $233,350

• Comparable approach

  Method

  Valuation

  Relative Method

  $178,093

  Geo Method

  $178,093

• Alternative Use

  Use

  Valuation

  Residential

  $211,981

  Hospitality

  $194,174

  Educational

  $161,550

  Medical

  $167,106

  Retail

  $251,300

Location Insight

City

Lees Summit

County

Jackson

State

Missouri

Latitude

38.9821

Longitude

-94.3589

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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