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    Hospitality properties

    0 Vintage Dr, Excelsior Springs, MO 64024

    3.57 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3.57-acre commercial property in Excelsior Springs, Missouri, presents a compelling investment opportunity. Located on Vintage Drive, this site boasts a highly desirable location directly off Highway 69, across from a large big-box retailer, and within close proximity to numerous amenities including restaurants and grocery stores. The property comprises four parcels (with a pending survey on the fourth), offering significant flexibility for development. An adjoining 1-acre lot is also available for purchase, expanding the total acreage to approximately 4.57 acres. Excelsior Springs is experiencing a period of significant revitalization, with its historic downtown area showcasing a vibrant mix of restaurants, wineries, breweries, boutiques, and the renowned Elms Hotel. A city-conducted feasibility study strongly indicates a substantial need for additional hotel accommodations within the community, making this site ideally suited for a new hotel development. The property's strategic location and the community's growth trajectory create a promising prospect for investors seeking a high-return hospitality investment in a thriving Missouri town. The zip code is 64024, and the property is situated in Clay County. The asking price for this remarkable opportunity is $1,250,000.

    Property profile
    Verified
    Property type Hospitality properties
    Lot 3.57 ac (155,509 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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