1007 W Lexington Street

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1007 W Lexington Street

Richmond, MO 64085
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 Richmond, Missouri.
  • The site encompasses a total area of 7,187 square feet.
  • The property is currently listed with an asking price of $9,900.
  • Strategic location providing access to established Richmond commercial infrastructure.
  • Versatile land area suitable for diverse commercial development projects.

What's Special

Richmond functions as an accessible hub within the broader Kansas City metro area, offering proximity to regional transit routes and established commercial corridors. Situated at 1007 W Lexington Street, this 7,187-square-foot commercial land parcel provides a development site for various business applications. The property is well-positioned for investors or owner-users seeking to establish a presence within this growing suburban market. The parcel's size and street-level access allow for flexible planning depending on local zoning requirements and site development objectives. Given the regional economic climate and the character of the submarket, this asset represents a functional addition to a commercial portfolio. Prospective buyers should conduct independent due diligence regarding site-specific development constraints and regional infrastructure requirements to maximize the utility of this land. Its location on W Lexington Street ensures visibility and connectivity within the Richmond municipality, supporting long-term commercial potential for those looking to capitalize on land holdings in Missouri.

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NOI
$80,000
Cap Rate
808.08%
DSCR
136.11
Strong
Cash-on-Cash
2673.81%
Monthly Payment
$48.98
Annual Cash Flow
$79,412.242

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