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    1103 Walnut St Kirksville, MO 63501

    Sponsored
    For Sale
    Contact for pricing

    Prime 1-acre commercial lot, build your dream.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional opportunity to acquire a one-acre commercial lot in Kirksville, Missouri, located at 1103 Walnut Street, zip code 63501. This property, situated within the Tranquil Estates subdivision and served by the Kirksville R-III School District, offers a unique chance for commercial development. The lot measures 80x120 feet and boasts city street road frontage. Public sewer and water are readily available, ensuring convenient utility access. Existing infrastructure includes a sewer line installed in March 2018, and electricity is available on-site. The property is subject to covenants. Tax records from 2022 were used to determine the lot size. While previously used for residential purposes (prior to 1978), this versatile lot presents significant potential for various commercial ventures. A virtual tour is available for a comprehensive view of the location and surrounding area. This is a rare opportunity to secure a well-located commercial lot in a desirable area at an attractive price point of $26,000. Don't miss out on this chance to build your business in a thriving community.

    Property Features for 1103 Walnut St

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • $26,000 asking price for 1‑acre commercial land parcel.
    • Located at 1103 Walnut, Kirksville, MO 63501 in Adair County.
    • 80x120 foot lot in Tranquil Estates subdivision, Kirksville R‑III School District.
    • Public sewer and water; city street frontage.
    • Includes covenants; suitable for new construction.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Kirksville
    County
    Adair
    State
    Missouri
    Longitude
    -92.5792482
    Latitude
    40.1575874

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    FAQs

    What type of property is this?
    Land - Prime 1-acre commercial lot, build your dream.
    Where is this land located?
    The property is located at 1103 Walnut St Kirksville, MO.
    What is the asking price?
    The asking price for this property is $26,000.
    What are key features of this property?
    This property features: $26,000 asking price for 1-acre commercial land parcel.; Located at 1103 Walnut, Kirksville, MO 63501 in Adair County.; 80x120 foot lot in Tranquil Estates subdivision, Kirksville R-III School District.
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    1103 Walnut St Kirksville, MO 63501
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    Kirksville, MO 63501
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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
    1103 Walnut St Kirksville, MO 63501
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