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Property profile & analytics
OFF-MARKET
Commercial real estate

924 Old Cape Rd Jackson, MO 63755

1.08 ac lot
Property ID
US48-1069309
Property summary
AI-generated overview

This exceptional 1.08-acre lot presents a prime multifamily development opportunity in Jackson, Missouri. Located at 924 Old Cape Rd, zip code 63755, this property is uniquely positioned within Cape Girardeau County. The land is zoned R-4 General Residential, allowing for a variety of development options, including single-family homes, duplexes, or multi-family residential buildings. This presents a rare chance to capitalize on the growing demand for housing in the area. The gently sloping terrain to the rear of the lot offers a desirable building site. The asking price for this highly sought-after parcel is $114,900. Its location in Jackson, MO makes it particularly attractive due to the limited availability of lots zoned for multi-family development. This presents a significant advantage for developers seeking to build in this thriving community. The property's size and zoning make it an ideal investment for those looking to create a profitable residential project. Serious inquiries are encouraged to explore the potential of this exceptional development opportunity. The coordinates for the property are latitude 37.3768806 and longitude -89.6569003. Broker cooperation is available.

Property profile
Verified
Property type Commercial real estate
Lot 1.08 ac (47,045 SF)
UPID US48-1069309
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
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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