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    2000 Allen Ln Columbia, MO 65202

    For Sale
    $775,000

    Columbia, MO development opportunity. Prime location, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 14.75-acre parcel presents a remarkable multifamily development opportunity in Columbia, Missouri. Located at 2000 Allen Lane (Lot 3), this property boasts an enviable position with excellent visibility from both Vandiver Drive and Rangeline Street, offering convenient access to Interstate 70. The land is zoned for multifamily use (R-MF), allowing for the construction of apartments, townhouses, or other multi-unit residential buildings. Its strategic adjacency to the Joe Machens Toyota dealership further enhances its desirability and potential for high traffic and visibility. The asking price for this prime development site is $775,000. The property's location within the Vandiver Commercial Subdivision in Columbia, MO 65202, provides a strong foundation for a successful residential project. This is a rare opportunity to acquire a large, well-located parcel in a thriving Missouri market. The 14.75-acre lot offers significant potential for a substantial return on investment. Serious inquiries are encouraged.

    Property Features for 2000 Allen Ln

    General Information

    Property type
    Land
    Lot Size
    642,510 SF

    HighLights

    • $775,000 asking price.
    • 14.75‑acre land parcel.
    • Multifamily zoning permitted.
    • Excellent visibility from Vandiver Dr & Rangeline St, convenient I‑70 access.
    • Adjacent to Joe Machens Toyota.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -92.322643432378
    Latitude
    38.971203337456

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    FAQs

    What type of property is this?
    Land - Columbia, MO development opportunity. Prime location, high visibility.
    Where is this land located?
    The property is located at 2000 Allen Ln Columbia, MO.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: $775,000 asking price.; 14.75-acre land parcel.; Multifamily zoning permitted.
    Request Owner's contact information
    2000 Allen Ln Columbia, MO 65202
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    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
    2000 Allen Ln Columbia, MO 65202
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