- Ballenger And Clark Ln Columbia, MO 65202
- Retail properties
- 8.60 lot acres
Current Use by Public Records
- Retail properties
Property Details for - Ballenger And Clark Ln
- Lot size
- 8.60 lot acres
- Property type
- Retail properties
Description
This exceptional 8.6-acre commercial property presents a unique investment opportunity in Columbia, Missouri. Located on the corner of Ballenger and Clark Lane, this strategically positioned site boasts excellent visibility and accessibility, benefiting from an average daily traffic count of 13,000 vehicles. The M-N zoning allows for a diverse range of mixed-use development, including retail, office, and residential components, making it ideal for a variety of projects. The property's significant size, coupled with the availability of an adjacent 1.7-acre parcel (MLS 415687), offers substantial expansion potential. All utilities are readily available at or near the site, simplifying development plans. This location benefits from a strong demographic profile, with a 3-mile radius encompassing a population of 34,000 residents, boasting an average age of 33 and a household income of $57,000. The property's proximity to an 800+ unit apartment complex, Battle Elementary School, and Battle High School further enhances its appeal and potential for sustained growth. This prime location offers unparalleled potential for a developer seeking to capitalize on a thriving community and robust market demand. The asking price for this remarkable property is $2,000,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbia
- County
- Boone
- State
- Missouri
- Longitude
- -92.267
- Latitude
- 38.9646
