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Property profile & analytics
OFF-MARKET
Commercial real estate

408 Short St Richmond, MO 64085

Property ID
US48-2224001
Property summary
AI-generated overview

This exceptional 7,425 square foot residential lot presents a remarkable opportunity for development in Richmond, Missouri. Located at 408 Short Street, this property boasts a prime location within Ray County, offering convenient access to local amenities and services. The land is zoned for residential use, making it ideal for constructing a new single-family home or potentially a small multi-family development, subject to local zoning regulations and approvals. The asking price for this sizable parcel is $13,000, representing a compelling value in the current market. Given its generous size and desirable location, this lot is well-suited for both individual builders and investors seeking a promising land acquisition in a growing community. Prospective buyers are encouraged to conduct their own due diligence regarding zoning regulations, building codes, and potential development costs. The property's address is precisely 408 Short Street, Richmond, MO 64085, with GPS coordinates available for easy location verification. This is a rare chance to secure a substantial piece of land in a desirable Missouri town, offering significant potential for future growth and appreciation. Serious inquiries are welcome. The property is sold as-is.

Property profile
Verified
Property type Commercial real estate
UPID US48-2224001
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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