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    OFF-MARKET
    Land

    0 July Rd, La Plata, MO 63549

    11.83 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 11.83-acre commercial land parcel in La Plata, Missouri, presents a prime investment opportunity. Strategically located on US Highway 63, approximately 10 minutes south of Kirksville, at the intersection of State Highway 156, this property boasts over 1400 feet of highway frontage. The site currently features five commercial buildings, all leased to various local businesses, generating a current annual rental income of $49,200. With ample space (approximately 523,000 square feet) and 51 parking spaces, this property is ideal for a variety of commercial ventures, including trucking, gas stations, convenience stores, and retail developments. Its high visibility and high-traffic location in a thriving neighboring suburb of Kirksville ensure strong potential for growth and return on investment. The property's location in Macon County, Missouri, zip code 63549, offers easy access to major transportation routes and a strong local market. This is a rare opportunity to acquire a well-established commercial property with significant income potential in a desirable location. The asking price is $750,000.

    Property profile
    Verified
    Property type Land
    Lot 11.83 ac (515,315 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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