#1 • SEC US-50 Hwy & Todd George Rd., Lee's Summit, MO 64081

Part of Prime Highway Commercial Land | Lee's Summit, MO (listings by Cates Auction & Realty Co., Inc.)

Status: No sale

Category: Commercial

INVESTMENT OVERVIEW This prime 25-acre highway commercial development site offers an incredible investment opportunity. Located at the SEC of US-50 Highway Interchange at Todd George Rd. in Jackson County, Lee’s Summit, Missouri the site offers great visibility to over 70,000 vehicles per day.   The site is situated in a high-growth area in close proximity to shopping and entertainment developments, recreation and employment opportunities, top-rated schools, and major highways.  The site is directly across from Lee’s Summit Medical Center and adjoins the new Princeton Senior Living Facility project.  Flexible CP-2 zoning is in place for commercial mixed-use suitable for pad sites, retail, office, medical, etc. This investment opportunity is time-definite and only available through the auction end date.  The property was recently listed for sale at $2.78 million and bidding will open at $700,000.  Make an offer now or Bid Your Price in the auction.  Online bidding ends Wednesday, March 18, 2020, at 1:00 p.m.  INVESTMENT HIGHLIGHTS 25 Acre + Prime Highway Commercial Development Site 70,000 Cars Per Day on US-50 Highway Zoned CP-2, Planned Commercial Mixed Use Perfect for Pad Sites, Retail, Office, Medical High-Growth Area - All Utilities Available Across from Lee’s Summit Medical Center Adjacent to Princeton Senior Living Project Last List $2.78 Million | Opening Bid $700,000   FAST FACTS SITE AREA:                          25.52 Acres +/- (1,111,764 SF) FRONTAGE:                         1,985’ on Oldham Pkwy (50 Hwy visibility); 209’ on Ranson Rd. MUNICIPALITY:                   City of Lee’s Summit, Missouri LOCATION:                           SEC of US-50 Highway and Ranson Road (Todd George Rd interchange) ZONING:                               CP-2, Planned Commercial Mixed-Use TOPOGRAPHY:                     Gently Rolling and At Grade IDEAL USE:                           Pad Sites, Retail, Office, Medical, etc. UTILITIES:                             All Utilities Available (electric and gas lines buried) PARCEL ID:                            60-430-98-01-00-0-00-000 FLOOD PLAIN:                      Zone X LEGAL DESCRIPTION:         SEC-10 TWP-47 RNG-31 ALL TH PT SW 1/4 LYG N OF PRINCETON HEIGHTS 1ST, 2ND & 3RD PLATS (EX PTS IN RDS) 2019 RE TAXES:                   $240.00 LEE’S SUMMIT, MISSOURI The City of Lee’s Summit, Missouri is a thriving, progressive community located 16 miles southeast of downtown Kansas City. With a population of more than 99,600, Lee’s Summit enjoys the many attributes of a significant suburb within a major metropolitan area while still maintaining a small-town feel. Complemented by a growing business community and superior quality of life amenities, Lee’s Summit has become one of the largest cities in Missouri. Recognized four times by Money magazine as one of the “100 Best Places to Live,” and holds national accreditations for its Parks and Recreation, Fire, Police and Public Works services. Lee’s Summit enjoys one of Missouri’s highest median incomes of $83,601/year and a 91% graduation rate from it’s award-winning public schools.