507 Us-169 Smithville, MO 64089
This exceptional commercial land offering in Smithville, Missouri presents a unique investment opportunity. Located at 507 US-169 in Clay County, this property boasts a flexible lot size ranging from 1.1 to 13.42 acres, providing ample space for various development projects. The site is part of a new 30+ acre development anchored by a Price Chopper grocery store, the only one in Smithville, which is projected to have opened in 2020. Four pad sites are available, ranging from 0.85 to 2.57 acres, offering immediate development potential. The property benefits from a full access, lighted intersection, ensuring high visibility and significant traffic flow. Its strategic location across the street from Saint Luke's Northland Hospital further enhances its appeal. This stable tertiary market draws from numerous surrounding smaller communities, making it an ideal location for a mixed-use development incorporating multifamily, medical office, and retail components. The area north of the Price Chopper presents a particularly attractive area for development. This is a rare chance to acquire land in a thriving community with strong existing infrastructure and significant growth potential. The property's zip code is 64089.
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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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.