807 Friedman Novinger, MO 63559
This exceptional one-acre commercial land parcel in Novinger, Missouri, presents a unique investment opportunity for builders and discerning investors. Located at 807 Friedman, this property boasts R1 zoning, ideal for residential development. The lot is comprised of two platted lots, each measuring 45 feet by 132 feet, providing ample space for the construction of two single-family homes. Alternatively, the entire lot could be utilized to create a spacious single-family residence with a generous yard. Mature trees enhance the property's aesthetic appeal. The strategic location ensures convenient access to all essential utilities, which are readily available adjacent to the property. The asking price for this prime piece of land is $37,500. This presents a compelling opportunity to capitalize on the potential of this desirable location in Novinger, Missouri, zip code 63559. The property's coordinates are 40.256624 latitude and -92.7182728 longitude. Don't miss this chance to acquire this versatile and well-situated property.
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
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.