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Property profile

208 Gay St El Dorado Springs, MO 64744

OFF-MARKET
Land
Property ID
US48-2268461
0.38 ac lot
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Property summary

AI-generated overview

This exceptional investment opportunity presents a remarkable .38-acre lot situated in the heart of El Dorado Springs, Missouri, at 208 Gay Street, zip code 64744. The property is zoned for high occupancy, making it ideally suited for the development of a multifamily residential structure, such as a duplex or quadplex. Its central location offers unparalleled convenience, placing it in close proximity to the city pool, park, and community center, enhancing its appeal to potential residents. The property's classification includes Apartment Building and Residential designations, reflecting its suitability for multi-unit dwelling construction. Note that this listing for 208 Gay Street is being sold in conjunction with a neighboring property, 209 West Hightower, with the combined lots totaling 0.50 acres. The asking price for this specific .38-acre lot is $12,000. This presents a unique chance to acquire a valuable piece of land in a desirable downtown location with high potential for rental income. The property's coordinates are 37.875754 latitude and -94.0246389 longitude, within Cedar County. Serious inquiries are encouraged.

Property profile

Verified
Property type Land
Lot 0.38 ac (16,553 SF)
UPID US48-2268461

Cap rate & NOI

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

Location

208 Gay St El Dorado Springs, MO 64744
El Dorado Springs metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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