Lot 2413 Fisherman Road

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Lot 2413 Fisherman Road

Altamont, MO 64620
Asking Price
$8K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land parcel spanning 0.37 acres for development.
  • Located along Fisherman Road in the town of Altamont.
  • Offered for sale at an asking price of $7,700.
  • Strategically positioned within the Missouri regional market landscape.
  • Ideal site for small-scale retail or storage facility use.

What's Special

Development of this 0.37-acre commercial land parcel in Altamont offers a functional foothold for businesses seeking an accessible site within a growing regional market. Situated on Fisherman Road, the property provides the necessary footprint for small-scale operations or specialized commercial facilities. The site benefits from its position within the broader Missouri economic landscape, where rural-adjacent commercial hubs continue to serve local and transit-oriented consumer needs. Investors and business owners may find this location suitable for storage solutions, niche retail, or service-based enterprises requiring limited acreage. The flat topography and straightforward access points at this latitude and longitude coordinate set allow for efficient site planning. As part of a quiet but connected municipal zone, this lot represents a capital-efficient entry point for developers focused on utilitarian commercial applications or long-term land holding strategies in the 64620 ZIP code.

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NOI
$80,000
Cap Rate
1038.96%
DSCR
175.00
Strong
Cash-on-Cash
3443.41%
Monthly Payment
$38.095
Annual Cash Flow
$79,542.855

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