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Property profile & analytics
OFF-MARKET
Land

5801 Brown Station Rd Columbia, MO 65202

21.9 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 21.9-acre parcel, located at 5801-6013 Brown Station Rd in Columbia, Missouri (zip code 65202), presents a remarkable opportunity for multifamily development. Zoned PUD-RMF, this land is ideally situated in North Columbia, boasting a prime location near Highway 63, major employers, and local schools. The property benefits from a signalized intersection and high traffic counts, ensuring excellent visibility and accessibility. A new Mexican restaurant is planned for development at the adjacent hard corner, further enhancing the area's appeal and attracting potential residents. The land is priced competitively at $32,670 per acre, totaling a sale price of $0.75 per square foot. This represents a significant value proposition for developers seeking to capitalize on the strong demand for multifamily housing in this thriving area of Boone County. The site's strategic location and favorable zoning make it an exceptional investment opportunity with significant potential for future growth and profitability. Don't miss this chance to acquire a highly desirable multifamily development site in a rapidly expanding market.

Property profile
Verified
Property type Land
Lot 21.9 ac (953,964 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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