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    0000 116 Hwy Lathrop, MO 64465

    Sponsored
    For Sale
    $289,500

    13.81 Acres, I-35 Visibility, Utilities Available

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 13.81-acre tract presents a rare opportunity for commercial development in Lathrop, Missouri. Strategically located just west of Interstate 35 exit 40, this property boasts unparalleled visibility and accessibility. Its commercial zoning allows for a wide range of uses, making it ideal for businesses seeking high traffic exposure. The land is conveniently situated with road frontage on three sides: Highway 116 to the south, and gravel roads to the east and north, ensuring easy access and maneuverability. Existing infrastructure is a significant advantage, with water, electric, and sewer services already in place, minimizing development costs and timelines. The property's proximity to Interstate 35 provides exceptional access to a large regional market, making it an attractive investment for businesses seeking high visibility and convenient access to major transportation routes. Given its size, location, and existing utilities, this property represents a unique opportunity for significant return on investment. Don't miss this chance to acquire a prime development site in a thriving location. The asking price is $289,500. The property is located at 0000 116 Highway, Lathrop, MO 64465.

    Property Features for 0000 116 Hwy

    General Information

    Property type
    Farms
    Lot Size
    601,564 SF

    HighLights

    • $289,500 asking price.
    • 13.81‑acre lot.
    • Commercial and agricultural zoning.
    • Located near Interstate 35, Exit 40, offering high visibility.
    • Utilities (water, electric, sewer) available on‑site.
    • Excellent road frontage on Highway 116 and gravel roads.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lathrop
    County
    Clinton
    State
    Missouri
    Longitude
    -94.2948884
    Latitude
    39.5520386

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    FAQs

    What type of property is this?
    Farm - 13.81 Acres, I-35 Visibility, Utilities Available
    Where is this farm located?
    The property is located at 0000 116 Hwy Lathrop, MO.
    What is the asking price?
    The asking price for this property is $289,500.
    What are key features of this property?
    This property features: $289,500 asking price.; 13.81-acre lot.; Commercial and agricultural zoning.
    Request Owner's contact information
    0000 116 Hwy Lathrop, MO 64465
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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
    0000 116 Hwy Lathrop, MO 64465
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