Property profile

70 & Rte Z - Columbia, MO 65202

OFF-MARKET
Land
1.3 ac lot
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Property summary

AI-generated overview

This exceptional 1.3-acre commercial land parcel is strategically located at the intersection of Interstate 70 and Route Z in Centertown, Missouri, zip code 65202. Priced at $566,280, this property offers a unique investment opportunity with a land value of $10 per square foot. The lot is situated in Cole County, near Columbia, MO, and benefits from immediate access to high-traffic Interstate 70 via the Route Z exit. The site is ready for development, having been platted and rough-graded. Utilities are conveniently located at or near the property. This location boasts significant advantages, including adjacency to a recently constructed, high-traffic gas station and convenience store. The property's commercial zoning makes it perfectly suited for quick-service restaurants (QSRs) or hotel development, capitalizing on the high visibility and accessibility afforded by its prime location. This is a rare opportunity to acquire a fully prepared commercial lot in a high-growth area with excellent visibility and immediate access to a major interstate highway.

Property profile

Verified
Property type Land
Lot 1.3 ac (56,628 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

70 & Rte Z - Columbia, MO 65202
Columbia metro
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Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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