242 Highway Lake Ozark, MO 65049
This exceptional 27.3-acre commercial land parcel presents a remarkable investment opportunity in the thriving Lake Ozark, Missouri market. Strategically located on Highway 242, this property boasts an impressive 1,400 feet of highway frontage, ensuring unparalleled visibility and accessibility. Its commercial zoning designation opens doors to a wide range of development possibilities, catering to businesses seeking high-traffic exposure. The property's location within the Lake Ozark Tax Increment Financing (TIF) district offers significant financial advantages for developers. Furthermore, the proximity of existing water and sewer infrastructure simplifies the extension process, reducing development costs and timelines. This prime location places the property just minutes from the bustling Bagnell Dam Strip and seconds from established retailers such as Menards, Kohl's, and Casey's, guaranteeing a strong customer base. The ongoing expansion of Lake Ozark makes this a particularly attractive investment, offering the chance to be part of a rapidly growing community. The asking price for this exceptional property is $950,000. Don't miss this opportunity to acquire a highly visible and strategically located commercial land parcel in one of Missouri's most dynamic markets. The property is situated in Miller County, Missouri, with a zip code of 65049.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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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.