5801 Brown Station Rd Columbia, MO 65202
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.
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
Similar Nearby for Sale
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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.