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    1505 Kentucky Ave West Plains, MO 65775

    For Sale
    $425,145

    Prime 1.22-acre commercial lot, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1.22-acre commercial lot presents a remarkable investment opportunity in West Plains, Missouri. Located at 1505 N. Kentucky Ave, this property boasts an enviable location, situated on a corner lot with excellent visibility. Its strategic placement adjacent to Meek's Lumber and surrounded by a mix of local and national retailers ensures high traffic and exposure. The C2 - General Commercial zoning allows for a wide range of commercial development possibilities, making it ideal for businesses seeking a prominent presence in a thriving area. Easy access to Highway 63 provides convenient access for customers and employees. The asking price for this highly desirable lot is $425,145. This property offers significant potential for growth and return on investment, making it an attractive proposition for discerning buyers. The 1.22 acres provide ample space for a variety of commercial ventures, capitalizing on the high visibility and convenient location. Detailed zoning information and further development possibilities are available upon request. Don't miss this chance to secure a prime commercial property in a rapidly growing market. Act quickly, as opportunities like this are rare.

    Property Features for 1505 Kentucky Ave

    General Information

    Property type
    Land
    Lot Size
    53,143 SF

    HighLights

    • 1.22‑acre corner lot with excellent visibility.
    • High‑traffic location adjacent to Meek's Lumber and surrounded by established retailers.
    • Convenient Hwy 63 access.
    • C2 General Commercial zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Meek's The Builders Choice ... Building Materials Supplier

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    West Plains
    County
    Howell
    State
    Missouri
    Longitude
    -91.8762648
    Latitude
    36.7455032

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    FAQs

    What type of property is this?
    Land - Prime 1.22-acre commercial lot, high visibility.
    Where is this land located?
    The property is located at 1505 Kentucky Ave West Plains, MO.
    What is the asking price?
    The asking price for this property is $425,145.
    What are key features of this property?
    This property features: 1.22-acre corner lot with excellent visibility.; High-traffic location adjacent to Meek's Lumber and surrounded by established retailers.; Convenient Hwy 63 access.
    Request Owner's contact information
    1505 Kentucky Ave West Plains, MO 65775
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    West Plains, MO 65775
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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
    1505 Kentucky Ave West Plains, MO 65775
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