924 Old Cape Rd Jackson, MO 63755
- Commercial real estate
- 1.08 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 924 Old Cape Rd
- Lot size
- 1.08 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.08-acre lot presents a prime multifamily development opportunity in Jackson, Missouri. Located at 924 Old Cape Rd, zip code 63755, this property is uniquely positioned within Cape Girardeau County. The land is zoned R-4 General Residential, allowing for a variety of development options, including single-family homes, duplexes, or multi-family residential buildings. This presents a rare chance to capitalize on the growing demand for housing in the area. The gently sloping terrain to the rear of the lot offers a desirable building site. The asking price for this highly sought-after parcel is $114,900. Its location in Jackson, MO makes it particularly attractive due to the limited availability of lots zoned for multi-family development. This presents a significant advantage for developers seeking to build in this thriving community. The property's size and zoning make it an ideal investment for those looking to create a profitable residential project. Serious inquiries are encouraged to explore the potential of this exceptional development opportunity. The coordinates for the property are latitude 37.3768806 and longitude -89.6569003. Broker cooperation is available.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jackson
- County
- Cape Girardeau
- State
- Missouri
- Longitude
- -89.6569003
- Latitude
- 37.3768806