Lot 1607 Lake Viking Terrace

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Lot 1607 Lake Viking Terrace

Altamont, MO 64620
Asking Price
$25K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land parcel measuring 20,604 square feet for sale.
  • Property is located at Lot 1607 Lake Viking Terrace, Altamont.
  • Asking price for this commercial development site is $25,000.
  • Strategic location within the growing Northwest Missouri regional market.
  • Versatile land suitable for a range of commercial business applications.

What's Special

This commercial land parcel spans 20,604 square feet and is situated at Lot 1607 Lake Viking Terrace in Altamont, Missouri. Positioned within a growing regional market, this site provides a blank canvas for development in a quiet yet accessible area. The property size allows for various commercial applications, making it suitable for investors or developers seeking to establish a foothold in this part of the state. Investors will find the dimensions of the parcel practical for site planning and construction projects tailored to the local community's needs. Altamont benefits from its proximity to broader regional transit corridors, supporting steady connectivity across rural and suburban Northwest Missouri. Given the current zoning potential for commercial use, the lot serves as an adaptable asset for business operations or strategic land holding. Its location within the Lake Viking area provides a distinct setting for prospective ventures aimed at serving the residents and visitors of this established development.

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NOI
$80,000
Cap Rate
320.00%
DSCR
53.90
Strong
Cash-on-Cash
1046.88%
Monthly Payment
$123.686
Annual Cash Flow
$78,515.764

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