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    1650 Jefferson St Jefferson City, MO 65109

    For Sale
    $349,000

    1.15-Acre Commercial Land, Hwy 54

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1.15-acre commercial pad site is ideally located on Highway 54 in Jefferson City, Missouri, within Cole County (zip code 65109). The property boasts C2 zoning, making it suitable for a variety of uses, including retail, restaurant, or office development. Previously occupied by a 4,500-square-foot restaurant, the site offers significant advantages for new construction. All utilities are readily available, and ample parking is provided with 63 existing spaces. The asking price for this fee-simple ownership opportunity is $349,000. This prime location offers excellent visibility and accessibility, making it an attractive investment for businesses seeking a high-traffic area. The property's history as a successful restaurant location suggests strong potential for future commercial ventures. The substantial lot size and existing infrastructure significantly reduce development costs and time. This is a rare opportunity to acquire a well-positioned commercial pad site in a thriving Missouri market. Don't miss this chance to secure a valuable asset in a desirable location.

    Property Features for 1650 Jefferson St

    General Information

    Property type
    Land
    Lot Size
    50,094 SF

    HighLights

    • 1.15‑acre commercial pad site.
    • Highway 54 frontage.
    • Utilities available on‑site.
    • Previously a 4,500 SF restaurant.
    • 63 existing parking spaces.
    • Ideal for retail, restaurant, or office development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Jefferson City
    County
    Cole
    State
    Missouri
    Longitude
    -92.193268376775
    Latitude
    38.557607947375

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    FAQs

    What type of property is this?
    Land - 1.15-Acre Commercial Land, Hwy 54
    Where is this land located?
    The property is located at 1650 Jefferson St Jefferson City, MO.
    What is the asking price?
    The asking price for this property is $349,000.
    What are key features of this property?
    This property features: 1.15-acre commercial pad site.; Highway 54 frontage.; Utilities available on-site.
    Request Owner's contact information
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    Jefferson City, MO 65109
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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
    1650 Jefferson St Jefferson City, MO 65109
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