Lot 1569 Lake Viking Terrace

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Lot 1569 Lake Viking Terrace

Altamont, MO 64620
Asking Price
$13K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel spans 0.44 acres in Altamont
  • Priced at 13000 dollars for prospective developers
  • Situated at Lot 1569 Lake Viking Terrace
  • Located within the Daviess County regional market
  • Suitable site for small-scale commercial or business use

What's Special

Altamont serves as a quiet community within Daviess County, offering a peaceful setting for regional development. This 0.44-acre commercial land parcel at Lot 1569 Lake Viking Terrace provides an accessible foundation for various site-specific business needs. The surrounding region maintains a steady pace, benefiting from its connection to broader agricultural and rural Missouri commerce. Investors and developers seeking a cost-effective foothold in this market will find the acreage suitable for professional services, storage solutions, or small-scale commercial operations that cater to the local population. With its straightforward layout and strategic placement, the plot remains a functional candidate for buyers evaluating expansion opportunities within the Missouri landscape. Potential users can leverage the land's size and zoning potential to establish a permanent presence in a growing suburban and rural-linked corridor.

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NOI
$80,000
Cap Rate
615.38%
DSCR
103.65
Strong
Cash-on-Cash
2031.49%
Monthly Payment
$64.317
Annual Cash Flow
$79,228.197

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