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    Lincoln Dr Troy, MO 63379

    For Sale
    $69,500

    Half-acre lot, ideal for development.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 0.52-acre commercial lot, located at 0 N Lincoln Drive in Troy, Missouri, presents a rare opportunity for development. Zoned C1, this property boasts significant potential for a variety of commercial ventures, including apartment complexes or other businesses. Its affordability makes it a particularly attractive investment. The lot's key utilities are already in place, including public water and public sewer access. A private lift station is conveniently located at the front left of the property, simplifying infrastructure integration for future projects. The absence of existing structures allows for complete design flexibility, enabling developers to tailor the space to their specific needs and vision. Given its size and strategic location within Troy, this lot offers a compelling opportunity to capitalize on the growing commercial landscape. The property's zoning and utility infrastructure significantly reduce development hurdles, making it an ideal choice for investors seeking a straightforward and potentially lucrative project. This is a unique chance to acquire a well-situated, ready-to-develop commercial lot in a desirable Missouri location. Act quickly, as opportunities like this are seldom available.

    Property Features for Lincoln Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    22,651 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Troy
    County
    Lincoln
    State
    Missouri
    Longitude
    -90.96966
    Latitude
    38.98383

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    FAQs

    What type of property is this?
    Commercial real estate - Half-acre lot, ideal for development.
    Where is this commercial real estate located?
    The property is located at Lincoln Dr Troy, MO.
    What is the asking price?
    The asking price for this property is $69,500.
    462-5555
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    Lincoln Dr Troy, MO 63379
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    Troy, MO 63379
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Lincoln Dr Troy, MO 63379
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