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    2 Y Hwy Plattsburg, MO 64477

    Sponsored
    For Sale
    $75,000

    Prime Multifamily Development Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 25,570 square foot lot, located at Lot 2 Y Highway in Plattsburg, Missouri, presents a remarkable investment opportunity. Zoned for multifamily development, this expansive half-acre parcel offers significant potential for building a profitable apartment complex. The property's agricultural subtype adds versatility, opening possibilities for complementary uses. Situated in Clinton County, with a 64477 zip code, this location provides convenient access to local amenities and infrastructure. The asking price is $75,000, representing a compelling entry point into the Missouri real estate market. The substantial lot size allows for considerable flexibility in design and construction, accommodating a range of multifamily building plans. This is an ideal opportunity for investors seeking to capitalize on the growing demand for rental properties in the area. Detailed zoning information and development guidelines are readily available. Serious inquiries are encouraged to explore the full potential of this unique property. The property's latitude and longitude coordinates are 39.5871219 and -94.4593791 respectively. This land offers a blend of agricultural and multifamily potential, making it a truly unique investment prospect.

    Property Features for 2 Y Hwy

    General Information

    Property type
    Multifamily properties
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Plattsburg
    County
    Clinton
    State
    Missouri
    Longitude
    -94.4593791
    Latitude
    39.5871219

    Nearby Comparable

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      85-Acre Missouri Farm for Sale

      Prime farmland with road frontage and utilities.
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      Missouri Farm: 187 Acres

      Prime farmland near Plattsburg, MO.
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      Missouri farmland, excellent pasture, pond.
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      Plattsburg MO Warehouse - $199,900

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      Plattsburg Farm: 82 Acres Missouri

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    • $225,000
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      Commercial Investment Opportunity in Plattsburg

      Commercial property with existing tenant in Plattsburg, Missouri.
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    • $205,000
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      Mixed-Use Property in Business District

      Mixed-use property in a prime business district location.
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      Commercial Land on Highway 116

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    • $200,000
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      10 Acres of Unimproved Land

      Picturesque 10-acre parcel in Plattsburg, Missouri, ideal for building.
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    • $720,000
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      85 Acres of Unimproved Land

      85 acres of partially fenced land with utilities available.
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    • $200,000
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      Picturesque Land in Plattsburg, MO

      10-acre parcel in Plattsburg, MO, ideal for countryside living.
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    Nearby Similar for Sale

    • $225,000
      0.64 Acres

      Commercial Investment Opportunity in Plattsburg

      Commercial property with existing tenant in Plattsburg, Missouri.
      1102 W Clay/Broadway St, Plattsburg, MO 64477
      View Details
    • $205,000
      5,280 SF

      Mixed-Use Property in Business District

      Mixed-use property in a prime business district location.
      210 North Main St, Plattsburg, MO 64477
      View Details
    • $199,900
      1.74 Acres

      Plattsburg MO Warehouse - $199,900

      Spacious Missouri warehouse, ample land.
      500 7Th St, Plattsburg, MO 64477
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Prime Multifamily Development Opportunity
    Where is this multifamily property located?
    The property is located at 2 Y Hwy Plattsburg, MO.
    What is the asking price?
    The asking price for this property is $75,000.
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    2 Y Hwy Plattsburg, MO 64477
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    Plattsburg, MO 64477
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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
    2 Y Hwy Plattsburg, MO 64477
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