0 Cedar Rdg Ln Moberly, MO 65270
This exceptional 10-acre parcel in Moberly, Missouri, presents a unique investment opportunity. Located within the prestigious Cedar Ridge Subdivision in Randolph County, this property offers the potential for continued subdivision development or the creation of a private, expansive estate. A preliminary plat has already been completed, outlining 25 potential residential lots. This existing plan includes utilities and sewer infrastructure, significantly reducing the time and cost associated with new development. The current owner is open to allowing the use of the existing Covenants and Restrictions (C&R) for any expansion plans. The property's address is Cedar Ridge Ln, Moberly, MO 65270, and its convenient location offers easy access to town amenities while still providing the tranquility of a spacious, rural setting. The asking price for this remarkable property is $275,000. This is an ideal opportunity for developers seeking to expand an existing subdivision or for individuals looking to build a custom home on a substantial lot within a desirable community. The property's size and existing infrastructure make it a highly attractive investment with significant potential for future growth and return. Don't miss this chance to acquire a prime piece of land in a thriving Missouri community.
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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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.