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    OFF-MARKET
    Land

    70 & Rte Z -, Columbia, MO 65202

    1.3 ac lot
    Property ID
    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
    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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