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    1301 Ballenger Ln Columbia, MO 65202

    For Sale
    $2,000,000

    9 Acres, Mixed-Use Zoning, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 9-acre commercial land parcel presents a unique investment opportunity in Columbia, Missouri. Strategically located on the roundabout intersection of Clark Lane and Ballenger Lane, this property boasts a highly desirable Mixed-Use Neighborhood Commercial zoning designation. The land is situated in the rapidly growing Northeast area of Columbia, offering excellent visibility and accessibility. Its prime location directly abuts the Links/Greens Apartments, ensuring a substantial existing customer base and high foot traffic. The area also benefits from proximity to Battle Elementary and High Schools, further enhancing its appeal. Significant recent development along this corridor underscores the area's strong growth trajectory and potential for future appreciation. With a total land area of 9 acres and a land value of $5.10 per square foot, this property offers a compelling combination of size, location, and zoning potential. The asking price is $2,000,000. The property's address is listed as 1301 and 1414 Ballenger Ln, Columbia, MO 65202, in Boone County. This is an ideal site for a variety of commercial ventures, capitalizing on the high traffic counts and the vibrant community surrounding it. Don't miss this chance to acquire a premier commercial property in a thriving market.

    Property Features for 1301 Ballenger Ln

    General Information

    Property type
    Land
    Lot Size
    392,040 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Boone
    State
    Missouri
    Longitude
    -92.2672038
    Latitude
    38.9636203

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    FAQs

    What type of property is this?
    Land - 9 Acres, Mixed-Use Zoning, High Traffic
    Where is this land located?
    The property is located at 1301 Ballenger Ln Columbia, MO.
    What is the asking price?
    The asking price for this property is $2,000,000.
    Request Owner's contact information
    1301 Ballenger Ln Columbia, MO 65202
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    Columbia, MO 65202
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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
    1301 Ballenger Ln Columbia, MO 65202
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