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    1655 Meadowlark Ln Excelsior Springs, MO 64024

    Sponsored
    For Sale
    $467,000

    1.07-Acre Multifamily Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.07-acre commercial property, located at 1655 Meadowlark Lane in Excelsior Springs, Missouri, presents a unique investment opportunity. Zoned C-3 Service Commercial, this highly visible site boasts extensive frontage on both Meadowlark Lane (328 feet) and Jesse James Road (252 feet), ensuring maximum exposure. The property's versatile zoning allows for a wide range of development possibilities, including a car wash, warehouse, or mixed-use building. The mixed-use option permits at least 50% ground floor commercial space, with the remaining area suitable for residential development up to four stories and 40 feet in height. All utilities are readily available, simplifying the development process. The strategic location across the highway from Excelsior Springs Hospital further enhances its appeal and potential for high traffic and visibility. This prime retail site on a primary collector corridor offers significant potential for substantial return on investment. The property's size and zoning make it ideal for a variety of commercial and residential uses, catering to a diverse range of business and housing needs within the community. This is a rare opportunity to acquire a large, well-located parcel in a growing area. The address is 1655 Meadowlark Lane, Excelsior Springs, MO 64024. The asking price is $467,000.

    Property Features for 1655 Meadowlark Ln

    General Information

    Property type
    Multifamily properties
    Lot Size
    46,609 SF

    HighLights

    • $467,000 asking price.
    • 1.07‑acre lot in Excelsior Springs, MO.
    • C‑3 Service Commercial zoning allows for diverse uses including car wash, warehouse, and mixed‑use development (up to 4 stories).
    • High visibility location with 328' frontage on Meadowlark Lane and 252' frontage on Jesse James Road.
    • All utilities available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Excelsior Springs
    County
    Clay
    State
    Missouri
    Longitude
    -94.2350063
    Latitude
    39.3621618

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    FAQs

    What type of property is this?
    Multifamily property - 1.07-Acre Multifamily Development Site
    Where is this multifamily property located?
    The property is located at 1655 Meadowlark Ln Excelsior Springs, MO.
    What is the asking price?
    The asking price for this property is $467,000.
    What are key features of this property?
    This property features: $467,000 asking price.; 1.07-acre lot in Excelsior Springs, MO.; C-3 Service Commercial zoning allows for diverse uses including car wash, warehouse, and mixed-use development (up to 4 stories).
    Request Owner's contact information
    1655 Meadowlark Ln Excelsior Springs, MO 64024
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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
    1655 Meadowlark Ln Excelsior Springs, MO 64024
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