Nw Of Waller Road

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Nw Of Waller Road

Richmond, MO 64085
Asking Price
$285K
Asset Type
Land
Class
Class B

What's Special

Located northwest of Waller Road in Richmond, Missouri, this land parcel is situated within a developing rural-industrial corridor in Ray County. The property offers proximity to the central business district of Richmond and provides convenient access to Missouri Route 13 and Route 210, connecting the site to the greater Kansas City metropolitan area. The surrounding neighborhood is characterized by a mix of agricultural operations, light industrial facilities, and scattered residential properties. Essential local amenities and municipal services are located within a five-minute drive of the site. The site is suited for industrial development, large-scale storage, or agricultural expansion. Its flat topography and strategic access to regional freight routes make it an ideal location for logistics providers, equipment rental yards, or manufacturing firms requiring outdoor storage space. Prospective tenants or buyers typically include regional owner-occupiers in the construction, transportation, or agribusiness sectors seeking to establish a footprint outside the high-density urban core. The zoning and local infrastructure support versatile commercial applications consistent with the area's current transition toward increased industrial utility.

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NOI
$80,000
Cap Rate
28.07%
DSCR
4.73
Strong
Cash-on-Cash
73.78%
Monthly Payment
$1,410.024
Annual Cash Flow
$63,079.706

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