Property profile

0000 116 Hwy Lathrop, MO 64465

OFF-MARKET
Specialty properties
13.81 ac lot
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Property summary

AI-generated overview

This exceptional 13.81-acre tract presents a rare opportunity for commercial development in Lathrop, Missouri. Strategically located just west of Interstate 35 exit 40, this property boasts unparalleled visibility and accessibility. Its commercial zoning allows for a wide range of uses, making it ideal for businesses seeking high traffic exposure. The land is conveniently situated with road frontage on three sides: Highway 116 to the south, and gravel roads to the east and north, ensuring easy access and maneuverability. Existing infrastructure is a significant advantage, with water, electric, and sewer services already in place, minimizing development costs and timelines. The property's proximity to Interstate 35 provides exceptional access to a large regional market, making it an attractive investment for businesses seeking high visibility and convenient access to major transportation routes. Given its size, location, and existing utilities, this property represents a unique opportunity for significant return on investment. Don't miss this chance to acquire a prime development site in a thriving location. The asking price is $289,500. The property is located at 0000 116 Highway, Lathrop, MO 64465.

Property profile

Verified
Property type Specialty properties
Lot 13.81 ac (601,564 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

0000 116 Hwy Lathrop, MO 64465
Lathrop metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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