1103 Walnut St Kirksville, MO 63501
Exceptional opportunity to acquire a one-acre commercial lot in Kirksville, Missouri, located at 1103 Walnut Street, zip code 63501. This property, situated within the Tranquil Estates subdivision and served by the Kirksville R-III School District, offers a unique chance for commercial development. The lot measures 80x120 feet and boasts city street road frontage. Public sewer and water are readily available, ensuring convenient utility access. Existing infrastructure includes a sewer line installed in March 2018, and electricity is available on-site. The property is subject to covenants. Tax records from 2022 were used to determine the lot size. While previously used for residential purposes (prior to 1978), this versatile lot presents significant potential for various commercial ventures. A virtual tour is available for a comprehensive view of the location and surrounding area. This is a rare opportunity to secure a well-located commercial lot in a desirable area at an attractive price point of $26,000. Don't miss out on this chance to build your business in a thriving 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
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.