0 Hwy 68 & Matlock Dr, Saint James, MO 65559
This exceptional 13 +/- acre commercial land parcel presents a prime development opportunity in Saint James, Missouri. Strategically located at the intersection of Highway 68 and Matlock Drive, this property boasts excellent visibility and accessibility. The zoning is Rural, allowing for a variety of potential uses. The seller is offering flexible options for acquisition. A smaller 3 +/- acre parcel is available for $150,000 per acre, while the remaining 10 +/- acres are priced at $35,000 per acre. This presents a unique opportunity to tailor the land purchase to specific development needs. The location offers significant advantages, with nearby amenities including a Dollar General, garden center, medical offices, and restaurants, ensuring convenient access for future tenants or residents. This property's high-traffic location and flexible ownership options make it an ideal investment for developers seeking a strong return. The property's address is Hwy 68 & Matlock Dr., Saint James, MO 65559, Phelps County. The asking price for the entire 13 +/- acre tract is $800,000. Don't miss this chance to secure a valuable piece of commercial real estate in a thriving Missouri community.
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.