1101 Walnut St Kirksville, MO 63501
This exceptional one-acre commercial lot, located at 1101 Walnut Street in Kirksville, Missouri, presents a unique opportunity for development. Priced at $26,000, this property boasts a desirable 80x120 foot lot size within the Tranquil Estates subdivision. The lot is situated in the Kirksville R-III school district and features city road frontage. Conveniently, a sewer line was installed in March 2018, and electricity is readily available, simplifying the construction process. While the property has covenants, it's ideal for building a new structure. A virtual tour is available online for a comprehensive view of the location and surrounding area. This picturesque setting offers a tranquil environment while maintaining easy access to Kirksville's amenities. The property's prior use is noted as pre-1978. This lot is perfect for those seeking to build their dream home or commercial venture in a peaceful yet accessible location. Don't miss this chance to acquire this prime commercial land in a sought-after neighborhood. The zip code is 63501, and the Adair County location provides easy access to local services and transportation routes.
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
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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.