242 Highway Lake Ozark, MO 65049
This exceptional 10.6-acre commercial land parcel presents a unique investment opportunity in the thriving Lake Ozark, Missouri market. Strategically located on the corner of Highway 242 and Osage Beach Parkway, this property boasts nearly 1,400 feet of highway frontage, ensuring unparalleled visibility for any development. Situated directly across from a movie theater, this location benefits from high traffic counts and excellent exposure to potential customers. The property is commercially zoned and falls within the City of Lake Ozark's Tax Increment Financing (TIF) district, offering potential financial advantages for developers. Water and sewer lines are in close proximity, simplifying infrastructure extension and reducing development costs. Its prime location offers easy access to the Bagnell Dam Strip, and is mere seconds from established businesses such as Menards, Kohls, and Casey's General Store, further enhancing its appeal. The property's high visibility and TIF eligibility make it an ideal site for a variety of commercial ventures, promising significant return on investment. The address is 242 Hwy W, Lake Ozark, MO 65049, in Miller County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.