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    1300 Smiley Ln Columbia, MO 65202

    Sponsored
    For Sale
    $190,000

    Prime 5-acre commercial lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 5-acre commercial land parcel presents a unique investment opportunity in Boone County, Missouri. Located at 1300 Smiley Ln, Columbia, MO 65202, this property is conveniently situated near the city limits and adjacent to thriving businesses within Boone Industrial Park. The land is zoned M-L (Light Industrial), offering significant flexibility for a variety of development projects. The asking price is $190,000. Recently cleared of underbrush, the site boasts favorable topography, making it readily suitable for construction. Its size allows for either single or multi-building development, catering to both project developers and end-users seeking a strategic location. This prime location, combined with its advantageous zoning and competitive price point, makes this property an attractive prospect for those seeking to capitalize on the growth potential of the Columbia area. The property's proximity to established businesses in the industrial park ensures easy access to infrastructure and a strong commercial environment. Serious inquiries are encouraged to explore the possibilities of this exceptional development opportunity.

    Property Features for 1300 Smiley Ln

    General Information

    Property type
    Land
    Lot Size
    217,800 SF

    HighLights

    • 5‑acre undeveloped M‑1 (Light Industrial) zoned lot in Boone County, near Columbia city limits.
    • Located adjacent to Boone Industrial Park's established businesses.
    • Zoning and price ideal for single or multi‑building development, attracting developers or end‑users.
    • Recently cleared, showcasing favorable topography for business development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Building Supply Clothing Store Auto Repair Shop 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
    -92.3206787
    Latitude
    38.9925826

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    FAQs

    What type of property is this?
    Land - Prime 5-acre commercial lot, ideal for development.
    Where is this land located?
    The property is located at 1300 Smiley Ln Columbia, MO.
    What is the asking price?
    The asking price for this property is $190,000.
    What are key features of this property?
    This property features: 5-acre undeveloped M-1 (Light Industrial) zoned lot in Boone County, near Columbia city limits.; Located adjacent to Boone Industrial Park's established businesses.; Zoning and price ideal for single or multi-building development, attracting developers or end-users.
    (573) 445-1020
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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
    1300 Smiley Ln Columbia, MO 65202
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