& Olivet Richland Rd, Columbia, MO 65203
This exceptional 6-acre commercial land parcel presents a unique investment opportunity in Columbia, Missouri. Located at the hard corner of Richland Rd & Olivet, in Boone County (zip code 65203), this property boasts a highly desirable location. Currently zoned M-N (Mixed-use Neighborhood), this zoning is pending approval, making it ideal for a variety of commercial developments. The site's strategic position just north of the Old Hawthorne subdivision, a large residential area with over 2,000 lots, ensures high visibility and accessibility to a substantial customer base. The expansive lot size offers ample space for significant development projects. Priced competitively at only $4 per square foot, this land represents an exceptional value for developers seeking a prime location with significant growth potential. The property's latitude and longitude coordinates are 38.9538484 and -92.3714428 respectively. This is a rare opportunity to acquire a substantial commercial land parcel in a thriving area of Columbia, poised for significant future development. Don't miss this chance to secure a prime piece of real estate in a rapidly growing market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.