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Property profile & analytics
OFF-MARKET
Mixed-use properties

507 Us-169 Smithville, MO 64089

1.1 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mixed-use properties
Lot 1.1 ac (47,916 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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