Lot 1028 Lake Viking Terrace

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Lot 1028 Lake Viking Terrace

Gallatin, MO 64640
Asking Price
$10K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land parcel available for acquisition in Gallatin, Missouri.
  • The property spans a total of 0.49 acres for development.
  • Asking price for the commercial lot is 10,000 dollars.
  • Site is situated at Lot 1028 within Lake Viking Terrace.
  • Location supports potential business or service-oriented commercial development.

What's Special

Priced at $10,000, this 0.49-acre commercial land parcel at Lot 1028 Lake Viking Terrace presents a clear development prospect in Gallatin, Missouri. The site occupies a strategic position within the Lake Viking community, a known residential and recreational destination in the region. This acreage provides sufficient footprint for localized commercial ventures catering to the surrounding residents and visitors frequenting the lake area. Its current zoning and positioning make it a practical choice for service-oriented businesses or professional offices aiming to establish a foothold in this growing market. Investing in this Gallatin parcel offers a functional opportunity for land developers or business owners seeking a foothold in a quiet yet active suburban environment. The accessibility of the site allows for varied site plans suitable for small-scale operations or specialized commercial facilities. Prospective buyers should evaluate the land for its utility in supporting the local economy and long-term development strategies within the Lake Viking Terrace vicinity.

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NOI
$80,000
Cap Rate
800.00%
DSCR
134.75
Strong
Cash-on-Cash
2646.88%
Monthly Payment
$49.475
Annual Cash Flow
$79,406.305

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