Property profile

1621 E Elm St Jefferson City, MO 65101

FOR SALE
Commercial land
Property ID
US48-2948619
Entity Owned 4-yr Hold
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1621 E Elm St, Jefferson City, MO 65101 For Sale
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1621 E Elm St, Jefferson City, MO 65101
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Property summary

AI-generated overview

Large parcel of land for sale on a main thoroughfare in the state capital of Missouri. This property has great visibility from highway 50 and has a very high traffic count. This would be an excellent lot to build an office building. Nearby tenants are government office spaces. This lot previously had a government building on it but is now vacant. Seller is willing to subdivide.

Property profile

Verified
Property type Commercial land
UPID US48-2948619

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • State Government Office

Location

1621 E Elm St Jefferson City, MO 65101
Jefferson City metro
Google Maps

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

since 2022
3 recorded transactions
2024
Price N/A
2022
Price N/A
2022
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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