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Property profile & analytics
OFF-MARKET
Commercial real estate

1400 Michigan St Kirksville, MO 63501

5.3 ac lot
Property ID
US48-2516292
Property summary
AI-generated overview

This exceptional 5.3-acre commercial property, located at 1400 W Michigan St in Kirksville, Missouri (zip code 63501), presents a remarkable opportunity for various development ventures. Situated within Kirksville city limits, this land offers a blend of wooded areas and open space, attracting abundant wildlife. Previously utilized as a mobile home park, the property boasts ten existing pads with utilities still in place, providing a solid foundation for continued use or redevelopment. The expansive lot size allows for diverse possibilities, including the construction of single-family homes, multi-family dwellings, or commercial buildings. Its strategic location within the city ensures convenient access to essential amenities and infrastructure. The asking price for this exceptional property is $76,900. This is a rare chance to acquire a sizable parcel of land in a thriving Missouri community, ready for your vision to take shape. The property's versatility makes it an attractive investment for both seasoned developers and those seeking a unique opportunity to build their dream project. Don't miss this chance to own a piece of Kirksville's future.

Property profile
Verified
Property type Commercial real estate
Lot 5.3 ac (230,868 SF)
UPID US48-2516292
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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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