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    Old Hwy 40 Hwy Concordia, MO 64020

    For Sale
    $79,000

    Prime Missouri acreage, commercial/agricultural potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 2.32-acre parcel of land presents a unique investment opportunity in Concordia, Missouri. Located on Old Highway 40 Highway, this property is zoned for both commercial and agricultural uses, offering unparalleled versatility for a wide range of development projects. The expansive lot size provides ample space for various ventures, from establishing a small business to constructing residential units. Its strategic location within Lafayette County, Missouri, and its proximity to the city of Concordia (zip code 64020) ensures convenient access to local amenities and transportation networks. The asking price for this remarkable property is $79,000. This represents a compelling value proposition for discerning investors seeking a foothold in a thriving Missouri market. The property's flexibility allows for creative development plans, catering to diverse business or residential needs. With its ideal location and zoning, this land offers significant potential for future growth and profitability. Don't miss this chance to acquire a versatile and strategically located property in a rapidly developing area. Act now to secure this exceptional investment opportunity.

    Property Features for 0 Old Hwy 40 Hwy

    General Information

    Property type
    Farms
    Lot Size
    101,059 SF

    HighLights

    • 2.32‑acre commercial/agricultural lot in Concordia, MO.
    • Located on Old Highway 40.
    • Zoned for commercial and agricultural use.
    • Asking price: $79,000.
    • Located in Lafayette County, near Concordia (zip code 64020).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Concordia
    County
    Lafayette
    State
    Missouri
    Longitude
    -93.6040036
    Latitude
    38.9924679

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    Nearby Similar for Sale

    • $1,600,000
      16,151 SF

      Highway Business District Warehouse

      16,151 SF warehouse on 4.03 AC for sale.
      702 E 1St St, Concordia, MO 64020
      View Details
    • $69,900

      Downtown Concordia Storefront

      Prime Retail Space, Main Street Exposure
      531 Main St, Concordia, MO 64020
      View Details

    FAQs

    What type of property is this?
    Farm - Prime Missouri acreage, commercial/agricultural potential.
    Where is this farm located?
    The property is located at Old Hwy 40 Hwy Concordia, MO.
    What is the asking price?
    The asking price for this property is $79,000.
    What are key features of this property?
    This property features: 2.32-acre commercial/agricultural lot in Concordia, MO.; Located on Old Highway 40.; Zoned for commercial and agricultural use.
    Request Owner's contact information
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    Concordia, MO 64020
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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
    Old Hwy 40 Hwy Concordia, MO 64020
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