0 Old Jefferson City Rd, Fulton, MO 65251
This exceptional 20-acre land parcel presents a unique development opportunity in the thriving city of Fulton, Missouri. Located just one mile from the historic Brick District and less than a mile from US-54, this property boasts unparalleled accessibility. Its central location offers residents easy access to employment centers, shopping, dining, and recreational activities. The zoning allows for both multi-family (R-3) and single-family (R-1) residential development, providing flexibility for a variety of project types. Imagine creating a vibrant apartment complex, a charming single-family home subdivision, or a blend of both, incorporating green spaces and potentially connecting to the city's greenway system. The property's 20-acre size provides ample space for creative development while maintaining a sense of community. Utilities are conveniently located on the property, simplifying the development process and minimizing infrastructure costs. This is a rare opportunity to acquire a large, centrally located parcel in a growing Missouri college town, perfect for investors seeking high-return residential development projects. The asking price is $240,000. This property is zoned for both multi-family and single-family residential development, offering significant potential for a variety of projects. The location near the city center and the availability of utilities on-site further enhance its appeal.
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.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.