0 Swq Of Colbern Rd & Lk Lotawana Rd Lake Lotawana, MO 64086
This exceptional 3.8-acre commercial land parcel, situated at the southwest quadrant of Colbern Road and Lake Lotawana Road in Lake Lotawana, Missouri (zip code 64086), presents a remarkable investment opportunity. Priced at $925,000, this property boasts an approved plat for the development of 58 residential units, along with a clubhouse. The existing infrastructure includes sewer taps, already purchased and transferable to the new owner, along with some pre-installed storm water and sanitary systems. This significantly reduces development costs and streamlines the construction process. The seller is also open to selling individual lots for duplex and fourplex developments
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.