1621 Elm St Jefferson City, MO 65101

Property Details for 1621 Elm St

Lot size

3.60 lot acres

Property type

Commercial real estate

Description

This exceptional 3.6-acre commercial land parcel is ideally situated on East Elm Street in Jefferson City, Missouri, zip code 65101, offering unparalleled visibility and high traffic counts due to its location on a main thoroughfare. Boasting a strategic position near Highway 50, this property benefits from significant exposure to a large volume of daily traffic. Previously occupied by a government building, the site is now vacant and ready for immediate development. The asking price is $784,080, translating to a land value of $5 per square foot. Given its prime location and high traffic volume, this property presents a compelling opportunity for various commercial ventures, including the construction of an office building. The proximity to existing government office spaces further enhances its appeal. A key advantage is the seller's willingness to subdivide the land, providing flexibility for developers seeking smaller parcels. This makes it an attractive investment for both large-scale and smaller-scale projects. The property's location in the state capital of Missouri adds to its long-term value and potential for appreciation. This is a rare opportunity to acquire a significant commercial land parcel in a high-demand area. Detailed site plans and surveys are available upon request.