1400 Michigan St Kirksville, MO 63501
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.
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
Similar Nearby for Lease
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.