924 Old Cape Rd Jackson, MO 63755
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.
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
Similar Nearby for Sale
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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.