Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2000 Allen Ln Columbia, MO 65202

    For Sale
    $80,000

    1.31-acre residential lot, $80,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.31-acre lot presents a prime opportunity for multifamily development in Columbia, Missouri. Located at 2000 Allen Ln (Lot 4), this property boasts an enviable location within the Vandiver Commercial Subdivision, offering excellent visibility from Vandiver Drive and Rangeline Street, and convenient access to Interstate 70. The lot is zoned for Residential Multifamily use (R-MF), allowing for the construction of apartments or other multi-unit residential buildings. Its strategic position adjacent to the Joe Machens Toyota dealership ensures high traffic volume and strong brand recognition for any future development. The asking price for this highly desirable parcel is $80,000. The property's address is 2000 Allen Ln (Lot 4), Columbia, MO 65202. Given its size, zoning, and location, this land presents a compelling investment opportunity for developers seeking to capitalize on the growing demand for residential housing in this thriving area of Columbia. The property's coordinates are 38.97120333745564 latitude and -92.32264343237821 longitude. This is a rare chance to acquire a well-situated, sizable lot ready for immediate development.

    Property Features for 2000 Allen Ln

    General Information

    Property type
    Multifamily properties
    Lot Size
    57,064 SF

    HighLights

    • 1.31‑acre multifamily development lot in Columbia, MO.
    • Excellent visibility from Vandiver Drive and Rangeline Street, near I‑70.
    • R‑MF zoning allows for apartments or multi‑unit residential buildings.
    • High traffic volume location adjacent to Joe Machens Toyota.
    • Asking price: $80,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Boone
    State
    Missouri
    Longitude
    -92.322643432378
    Latitude
    38.971203337456

    Nearby Similar for Sale

    • $550,000
      76.53 Acres

      Century Farm with Development Potential

      76-acre Century Farm near Perche Creek trail in Columbia, MO.
      W Gillespie Bridge Rd, Columbia, MO 65203
      View Details
    • $1,875,000

      Steak N Shake For Sale

      Corporate guaranteed NNN lease Steak N Shake near Mizzou.
      3004 Clark Ln, Columbia, MO 65202
      View Details
    • Contact for pricing
      41,509 SF

      Columbia Medical Office Portfolio

      Three Class A Medical Buildings, 41,509 SF
      812 Keene St, Columbia, MO 65201
      View Details
    • $2,375,000
      3.00 Acres

      Prime I-70 Columbia Industrial Land

      3-Acre Pad-Ready Site, High Visibility
      5609 St. Charles Rd, Columbia, MO 65202
      View Details
    • $431,244
      0.55 Acres

      High-Traffic Columbia Retail Lot

      Prime Retail Location, 0.55 Acres
      14 Cedar Lake Dr, Columbia, MO 65203
      View Details
    • $875,000
      5,336 SF

      Prime Columbia Retail Space

      High-traffic Cherry Hill Village location.
      2024 Cherry Hill Dr, Columbia, MO 65203
      View Details

    FAQs

    What type of property is this?
    Multifamily property - 1.31-acre residential lot, $80,000
    Where is this multifamily property located?
    The property is located at 2000 Allen Ln Columbia, MO.
    What is the asking price?
    The asking price for this property is $80,000.
    What are key features of this property?
    This property features: 1.31-acre multifamily development lot in Columbia, MO.; Excellent visibility from Vandiver Drive and Rangeline Street, near I-70.; R-MF zoning allows for apartments or multi-unit residential buildings.
    Request Owner's contact information
    2000 Allen Ln Columbia, MO 65202
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2000 Allen Ln
    Columbia, MO 65202
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2000 Allen Ln Columbia, MO 65202
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.