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    1107 Walnut St Kirksville, MO 63501

    Sponsored
    For Sale
    Contact for pricing

    Build your dream business: 1-acre lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Exceptional opportunity to acquire a one-acre commercial lot situated at 1107 Walnut Street in Kirksville, Missouri, zip code 63501. This property, part of the Tranquil Estates subdivision, offers a unique blend of convenience and tranquility. The lot measures 80 feet by 120 feet, providing ample space for various commercial ventures. Infrastructure is already in place, with a public sewer line installed in March 2018 and readily available electricity. The property is served by city water and is connected to the public sewer system. The lot is zoned for commercial use and is subject to covenants. Located within the Kirksville R-III school district, this location provides easy access to a thriving community. The property's tax year is 2022, and the square footage is based on tax records. This is an ideal location for entrepreneurs seeking to establish a new business or expand an existing one. The asking price for this exceptional commercial lot is $25,000. Don't miss this chance to secure a prime piece of commercial real estate in a desirable location. A virtual tour is available online.

    Property Features for 1107 Walnut St

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • Residential lot less than one acre in Tranquil Estates.
    • 80x120 lot in the Kirksville R‑III School District.
    • Subject to covenants.
    • For sale.
    • Building lot.
    • Pre‑1978 structure on site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Kirksville
    County
    Adair
    State
    Missouri
    Longitude
    -92.5792482
    Latitude
    40.1575874

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    FAQs

    What type of property is this?
    Land - Build your dream business: 1-acre lot.
    Where is this land located?
    The property is located at 1107 Walnut St Kirksville, MO.
    What is the asking price?
    The asking price for this property is $25,000.
    What are key features of this property?
    This property features: Residential lot less than one acre in Tranquil Estates.; 80x120 lot in the Kirksville R-III School District.; Subject to covenants.
    Request Owner's contact information
    1107 Walnut St Kirksville, MO 63501
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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
    1107 Walnut St Kirksville, MO 63501
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