Farmington, MO 63640
- Commercial real estate
- 0.25 lot acres
Current Use by Public Records
- Commercial real estate
Property Details
- Lot size
- 0.25 lot acres
- Property type
- Commercial real estate
Description
This exceptional 0.25-acre commercial lot presents a remarkable investment opportunity in the thriving city of Farmington, Missouri. Strategically located on two city streets, this property boasts unparalleled visibility and accessibility, ensuring high traffic flow and maximum exposure for any business venture. Its prime location directly across from newly constructed apartment complexes guarantees a substantial and readily available customer base. The proximity to the town center further enhances its appeal, offering easy access to a wide range of amenities and services. The property's zoning designation is commercial, allowing for a diverse range of development possibilities. This versatile lot is ideally suited for a variety of businesses, including service-oriented enterprises, retail establishments, office spaces, or even multi-family residential developments. The possibilities are virtually limitless, making this an exceptional opportunity for investors seeking a high-return investment in a dynamic and growing community. The asking price of $120,000 reflects the significant potential of this property and its strategic location within Farmington. Don't miss this chance to acquire a highly desirable commercial lot in a prime location. Act quickly, as opportunities like this are rare.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Farmington
- County
- St Francois
- State
- Missouri
- Longitude
- -90.4165
- Latitude
- 37.7797
