Parcel Salem, MO 65560
- Commercial real estate
- 4.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Parcel
- Lot size
- 4.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional 4-acre commercial parcel presents a unique investment opportunity just outside Salem, Missouri. Located at 0 W Highway 32, Parcel #3, this property is not currently within city limits, offering potential for significant future value. While a survey has not yet been conducted, the seller will commission one at the buyer's expense. The final price will be determined based on the surveyed acreage, at a rate of $53,000 per acre. Both buyer and seller will receive a copy of the completed survey. Importantly, the City of Salem has confirmed that utility services will be accessible once the property is annexed into the city. The buyer will be responsible for securing the necessary utility connections. This presents a blank canvas for developers seeking a substantial land holding with strong potential for commercial growth. The property's location offers excellent visibility and accessibility, making it ideal for a variety of commercial ventures. This is a rare opportunity to acquire a significant land parcel with the potential for substantial return on investment. Act quickly to secure this promising property.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Dent
- State
- Missouri
- Longitude
- -91.5635
- Latitude
- 37.6365
