109 Thompson Ave Excelsior Springs, MO 64024
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 109 Thompson Ave
- Property type
- Small apartment buildings
Description
This exceptional 4,356 square foot lot presents a unique redevelopment opportunity in the heart of Excelsior Springs, Missouri. Located at 109 N Thompson Avenue, this property boasts a highly desirable corner location just one block from the vibrant Historic Downtown area, offering easy access to a variety of shops and restaurants. Previously occupied by a 2,160 square foot building, the site is now cleared and ready for new construction. Utility meters have been removed, simplifying the development process. The lot provides convenient access via both sidewalk and alley, enhancing its practicality and appeal for future projects. The asking price for this prime commercial and multifamily development site is $15,000. This represents a significant opportunity for investors and developers seeking to capitalize on the growing Excelsior Springs market. The property is zoned for commercial and multifamily use, offering flexibility for a range of development options, including apartments, retail spaces, or a mixed-use development. Its central location and proximity to downtown amenities make it an ideal site for a project that will thrive in the community. The cleared lot eliminates the need for demolition, saving time and resources. This is a rare chance to acquire a ready-to-develop property in a thriving Missouri town. The property's size and location make it an attractive investment for those seeking a high-return project. The address is 109 N Thompson Avenue, Excelsior Springs, MO 64024.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Excelsior Springs
- County
- Clay
- State
- Missouri
- Longitude
- -94.2247356
- Latitude
- 39.3427538
