817 Franklin Ave Lexington, MO 64067
This exceptional 7,013 square foot residential lot is ideally situated in the heart of historic downtown Lexington, Missouri. Located at 817 Franklin Avenue, this property presents a unique opportunity to build a custom home in a charming and established community. The lot's generous size provides ample space for a substantial residence and landscaping, offering both privacy and convenience. The address places the property within easy walking distance of Lexington's vibrant downtown area, offering access to local shops, restaurants, and historical landmarks. This prime location combines the tranquility of a residential setting with the advantages of a thriving town center. The property is zoned for residential use, making it suitable for the construction of a single-family home. Utilities are readily available, simplifying the building process. With its desirable location and substantial size, this lot represents an excellent investment opportunity for those seeking to build their dream home in a picturesque Missouri town. The property is conveniently located in Lafayette County, Missouri, with the zip code 64067. Don't miss this chance to own a piece of Lexington's rich history and build your future. The asking price for this remarkable lot is $20,000.
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
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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.