Grace Ln & Pebble Bch Dr Columbia, MO 65201
- Land
- 0.36 lot acres
Current Use by Public Records
- Land
Property Details for 0 Grace Ln & Pebble Bch Dr
- Lot size
- 0.36 lot acres
- Property type
- Land
Description
This exceptional 0.36-acre lot, situated at the highly desirable intersection of Grace Lane and Pebble Beach Drive in Columbia, Missouri, presents a remarkable opportunity for multifamily development. The property is conveniently located in Boone County, zip code 65201, and boasts easy access to Interstate 70, placing it within close proximity to a wide array of retail amenities. Priced competitively at $55,000, this represents a land value of $152,778 per acre. The site is already graded and utilities are readily available on-site, significantly reducing development costs and timelines. The property is zoned P-D, permitting multifamily construction, making it an ideal investment for developers seeking a prime location with established infrastructure. This ready-to-build lot offers significant potential for immediate development and strong returns. Its strategic location and advantageous zoning make it a highly attractive proposition for investors seeking a lucrative multifamily project in a thriving Missouri market. Don't miss this chance to acquire a well-positioned, fully-serviced lot in a rapidly growing area.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbia
- County
- Boone
- State
- Missouri
- Longitude
- -92.2572
- Latitude
- 38.9505
