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    1414 Ballenger Pl Columbia, MO 65202

    For Sale
    $449,000

    Prime 2-acre commercial lot, mixed-use zoning, high-growth area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 2-acre commercial land parcel is ideally situated at 1414 Ballenger Place in Columbia, Missouri, zip code 65202. The property boasts a highly desirable Mixed-Use - Neighborhood Commercial zoning designation, offering a multitude of development possibilities. Located on Ballenger Lane, just north of Clark Lane, this strategically positioned lot provides excellent visibility and accessibility. A key advantage is its adjacency to an additional 9 acres of land, presenting potential for expansion or synergistic development opportunities. The area surrounding 1414 Ballenger Place is experiencing significant growth, characterized by the presence of Battle High School, Battle Elementary School, and the substantial Links/Greens Apartments complex (800+ units). Furthermore, the area is witnessing the development of numerous new single-family residential subdivisions, indicating a robust and expanding community. The asking price for this exceptional property is $449,000. This represents a unique investment opportunity in a thriving area of Columbia, Missouri. The property is individually owned.

    Property Features for 1414 Ballenger Pl

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • $449,000 asking price.
    • 2‑acre commercial land parcel.
    • Mixed‑use neighborhood commercial zoning.
    • Located at 1414 Ballenger Pl, Columbia, MO 65202.
    • Broker co‑op available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop 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
    -92.2661552
    Latitude
    38.9656319

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    FAQs

    What type of property is this?
    Land - Prime 2-acre commercial lot, mixed-use zoning, high-growth area.
    Where is this land located?
    The property is located at 1414 Ballenger Pl Columbia, MO.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: $449,000 asking price.; 2-acre commercial land parcel.; Mixed-use neighborhood commercial zoning.
    Request Owner's contact information
    1414 Ballenger Pl 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
    1414 Ballenger Pl Columbia, MO 65202
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