Prime Highway Commercial Development Site For Sale at Auction by Cates Auction & Realty Co., Inc. Previously Listed at $2.278M – Opening Bid is $700k

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Located at the Southeast Corner of US-50 Highway Interchange at Todd George Road in Lee’s Summit, Missouri, this 25.52+/- Acre mixed-use development site is perfectly situated in a high-growth area next to the new Princeton Senior Living Facility project and directly across from Lee’s Summit Medical Center.

This property offers great visibility to over 70,000 vehicles per day, flexible CP-2 Zoning for Planned Commercial Mixed-Use, and is in close proximity to shopping and entertainment developments. Online bidding is currently open and ends on March 18th.

This investment opportunity is perfect for end-user buyers, developers, or investors looking for well-located pad sites, retail, office, medical, etc. with excellent highway visibility and access. The property is bank-owned and was recently listed for sale at a $2.78 million; online bidding will open at $700,000.

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.

Online Bidding Ends: Wednesday, March 18, 2020, at 01:00 p.m. CST
Property Location: US-50 Highway & Todd George Rd., Lee’s Summit, MO 64081
Property Inspections: Wednesdays, February 26th & March 11th; 11AM-1PM

“This is a rare investment opportunity to buy quality, Class A highway interchange development land at auction prices,” said President of Cates Auction & Realty Company, Jeff Cates.

Qualified buyers and agents may request private tours of the property by calling Cates Auction or completing an online request form. Registration, photo galleries, property video, terms, and bidding details can all be found at http://www.CatesAuction.com.

Founded in 1942, Cates Auction & Realty Co., Inc. specializes in the auction marketing and sale of distinctive homes, land, and commercial properties in Missouri and Kansas.

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Jeff Cates
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