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    Z Interstate 70 & Rte Columbia, MO 65202

    For Sale
    $1,149,984

    2.2-Acre Commercial Lot, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 2.2-acre commercial land parcel presents a remarkable investment opportunity in Columbia, Missouri. Strategically located at the intersection of Interstate 70 and Route Z, this property boasts unparalleled visibility and accessibility. The lot is zoned C-G, permitting a wide range of commercial developments. The asking price is $1,149,984. This site is ready for immediate development, with platting and rough grading already completed. Utilities are conveniently located at or near the property line, simplifying the construction process. The property's advantageous position is further enhanced by its adjacency to a recently constructed, high-traffic gas station and convenience store, ensuring a steady flow of potential customers. This location is particularly well-suited for quick-service restaurants (QSRs) or hotel development, offering significant potential for high returns. The property is situated in Boone County, Missouri, with a Columbia zip code of 65202. Multiple pad sites are available. This is a rare opportunity to acquire a prime commercial lot in a thriving area with excellent infrastructure and high visibility. Don't miss this chance to secure a piece of Columbia's commercial landscape.

    Property Features for Z Interstate 70 & Rte

    General Information

    Property type
    Land
    Lot Size
    95,832 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Columbia
    County
    Boone
    State
    Missouri
    Longitude
    -92.203961
    Latitude
    38.9610315

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    FAQs

    What type of property is this?
    Land - 2.2-Acre Commercial Lot, Prime Location
    Where is this land located?
    The property is located at Z Interstate 70 & Rte Columbia, MO.
    What is the asking price?
    The asking price for this property is $1,149,984.
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    Z Interstate 70 & Rte 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
    Z Interstate 70 & Rte Columbia, MO 65202
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