Lot K Hoffman Avenue

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Lot K Hoffman Avenue

Ionia, MO 65335
Asking Price
$45K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land asset comprising 2.93 acres in Ionia, Missouri
  • Priced at 45,000 dollars for the full property site
  • Situated on Lot K Hoffman Avenue with local access
  • Suitable for a variety of commercial and retail developments
  • Positioned within the established Ionia real estate market

What's Special

This 2.93-acre commercial land parcel sits on Hoffman Avenue in Ionia, Missouri. The site provides a flexible canvas for developers or investors looking to establish a presence within this growing suburban market in the metro area. Given the regional economic landscape and the accessible location in Ionia, the property serves as a viable candidate for various commercial build-to-suit projects. Potential use cases range from retail centers and service-oriented facilities to specialized storage or light industrial developments that cater to the local community and surrounding residents. With direct lot access, this acquisition offers a practical entry point into the local real estate market for those seeking undeveloped land in a well-positioned area.

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NOI
$80,000
Cap Rate
177.78%
DSCR
29.94
Strong
Cash-on-Cash
572.80%
Monthly Payment
$222.635
Annual Cash Flow
$77,328.375

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