3Rd St Troy, MO 63379

This exceptional 9.52-acre parcel presents a unique investment opportunity in the heart of Troy, Missouri. Located within city limits and conveniently situated off South 3rd Street, this property boasts prime accessibility to local shopping and a remarkable advantage: it directly adjoins Troy City Park. Zoned R3PD, this land is tailor-made for multi-family development, offering significant potential for a high-return project. City utilities are readily available, simplifying the development process and reducing infrastructure costs. The property's expansive size allows for considerable flexibility in design and unit density, catering to a wide range of development plans. This is a rare chance to acquire a substantial tract of land in a desirable location, previously held by the same family for over a century, making it a truly exceptional and historically significant offering. The asking price of $1,285,605 reflects a cost of $135,000 per acre, representing a compelling value given the property's location, zoning, and development potential. Don't miss this opportunity to build your next multi-family project in a thriving community. Serious inquiries only.