Lot 1089 Lake Viking Terrace

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Lot 1089 Lake Viking Terrace

Gallatin, MO 64640
Asking Price
$20K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land parcel spans 39,291 square feet in total.
  • Property is situated at Lot 1089 Lake Viking Terrace.
  • Offered for sale at an asking price of $20,000.
  • Located within the Daviess County municipality of Gallatin, Missouri.
  • Coordinates for the parcel are 39.9236, -94.0564.

What's Special

Gallatin serves as the county seat of Daviess County, positioning this parcel within a quiet agricultural and residential landscape in northwestern Missouri. The land at Lot 1089 Lake Viking Terrace provides 39,291 square feet of commercial space, offering versatility for developers or private buyers looking to establish a presence in this growing regional market. Its strategic placement allows for straightforward access to local transit routes, supporting convenient connectivity for businesses or service providers. Given the scale of the parcel, potential use cases range from small-scale retail operations to specialized storage or office development tailored to the needs of the surrounding community. Investors and business owners seeking land assets in a stable, rural-adjacent setting will find this tract provides a functional foundation for future projects. The site remains a practical option for those aiming to capitalize on the steady economic character of the Missouri market.

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NOI
$80,000
Cap Rate
400.00%
DSCR
67.37
Strong
Cash-on-Cash
1313.54%
Monthly Payment
$98.949
Annual Cash Flow
$78,812.611

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