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    OFF-MARKET
    Land

    & Olivet Richland Rd, Columbia, MO 65203

    6 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 6 ac (261,360 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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