37682 10 Highway

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37682 10 Highway

Richmond, MO 64085
Asking Price
$195K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land asset located at 37682 10 Highway in Richmond
  • Total site area encompasses 15.26 acres of undeveloped land
  • The property is currently listed for sale at $195,000
  • Strategic location offers accessibility within the Missouri regional market
  • Expansive acreage suitable for diverse commercial development and site planning

What's Special

This commercial land is available for sale and presents a functional option for investors or developers seeking to expand their footprint in the Richmond area. Spanning 15.26 acres, the site offers significant space for a variety of potential commercial developments. Richmond serves as a steady community within the broader region, providing a practical backdrop for businesses looking to establish a presence outside of more densely populated urban corridors. The scale of the property allows for flexible site planning, accommodating industrial, retail, or service-oriented projects that require expansive footprints. Prospective buyers can leverage the acreage to create customized commercial facilities aligned with local zoning and operational needs. Given its positioning along 10 Highway, the parcel is well-situated to support operations that benefit from regional connectivity while maintaining the manageable pace of a growing suburban market. This asset represents a straightforward acquisition for those looking to capitalize on land development within the Missouri corridor.

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NOI
$80,000
Cap Rate
41.03%
DSCR
6.91
Strong
Cash-on-Cash
116.96%
Monthly Payment
$964.754
Annual Cash Flow
$68,422.957

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