511 Main St Leeton, MO 64761
This exceptional 0.28-acre property located at 511 N Main Street in Leeton, Missouri, presents a unique investment opportunity. Zoned for commercial, apartment building, and residential use, this versatile land parcel offers significant potential for a variety of development projects. The property is classified as a multifamily duplex/triplex/quadplex, suggesting the possibility of constructing a small apartment building or multiple residential units. The asking price is $45,950. An existing garage is included on the property, equipped with electricity. City water access is available at the roadside, simplifying utility connections for future development. Situated in Johnson County, Missouri, with a 64761 zip code, this location offers convenient access to local amenities and services. The property's flexibility and prime location make it an attractive prospect for both residential and commercial developers seeking a foothold in the Leeton market. The 0.28-acre lot size provides ample space for construction, while the existing garage offers immediate utility. This is a rare opportunity to acquire a versatile property in a desirable location at an attractive price point. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
3 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.