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    2 Columbia Mo Usa Columbia, MO 65203

    Sponsored
    For Sale
    $1,211,403

    3.09-Acre Commercial Lot near Mall

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.09-acre commercial land parcel presents a unique investment opportunity in Boone County, Missouri. Located at N Fairview Rd Lot 2 in Columbia, MO 65203, this property boasts a prime location adjacent to the high-traffic Columbia Mall, anchored by major retailers such as Target, Dillards, JC Penney, and Barnes & Noble. The site is zoned M-C, General Commercial, allowing for a wide range of development possibilities. Utilities are conveniently located at or near the property, simplifying infrastructure connections. The land is offered fee simple, providing complete ownership. This strategic location offers significant potential for high returns due to its proximity to established retail and high consumer traffic. The asking price for this exceptional commercial land is $1,211,403. This represents a rare chance to acquire a substantial commercial lot in a thriving retail corridor. Don't miss this opportunity to capitalize on the growth potential of this highly desirable location. Serious inquiries are encouraged.

    Property Features for 2 Columbia Mo Usa

    General Information

    Property type
    Land
    Lot Size
    134,600 SF

    HighLights

    • 3.09‑acre commercial parcel.
    • M‑C Commercial zoning.
    • Utilities readily available.
    • Prime location adjacent to high‑traffic Columbia Mall, anchored by Target, Dillard's, JCPenney, and Barnes & Noble.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Columbia
    County
    Boone
    State
    Missouri
    Longitude
    -92.378802788634
    Latitude
    38.965930414816

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    FAQs

    What type of property is this?
    Land - 3.09-Acre Commercial Lot near Mall
    Where is this land located?
    The property is located at 2 Columbia Mo Usa Columbia, MO.
    What is the asking price?
    The asking price for this property is $1,211,403.
    What are key features of this property?
    This property features: 3.09-acre commercial parcel.; M-C Commercial zoning.; Utilities readily available.
    Request Owner's contact information
    2 Columbia Mo Usa Columbia, MO 65203
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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 Columbia Mo Usa Columbia, MO 65203
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