29825 Utica Dr, Richland, MO 65556
This exceptional 8.85-acre commercial property in Richland, Missouri, presents a rare investment opportunity. Located at 29825 Utica Drive, this strategically positioned land boasts unparalleled visibility from Interstate 44, easily accessible via Exit 133. The property sits on a corner lot at the intersection of Utica Drive and the outer road, maximizing exposure to high traffic volume. Its versatile zoning allows for a wide range of commercial developments, from truck stops and service stations to restaurants and other businesses. The significant advantage of this location is further enhanced by three existing billboards with direct interstate visibility, offering immediate income potential. This prime acreage presents a unique chance to capitalize on a high-traffic location with established infrastructure and immediate revenue streams. The asking price is $224,900. The property is zoned for commercial use and is located in Laclede County, Missouri, zip code 65556. Don't miss this chance to secure a highly visible and versatile commercial property with significant growth potential.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.