1400 Nagogami Rd Rolla, MO 65401

This exceptional 8.08-acre property located at 1400 Nagogami Rd, Rolla, Missouri, 65401 presents a compelling redevelopment opportunity. Currently zoned R3, this prime parcel offers significant potential for multifamily development. Its strategic location provides convenient access to Interstate 44, Missouri University of Science and Technology (MST), and Phelps Health hospital, ensuring high demand and strong rental prospects. The site is already platted and boasts readily available utilities, simplifying the development process. The existing single-family home on the property is currently tenant-occupied, generating immediate income. This substantial land area is a rare find in this desirable location, bordering other multifamily developments. The property's flat topography further enhances its development potential, making it an ideal canvas for a new multifamily project. This is a unique chance to capitalize on the growing needs of the Rolla community and create a thriving residential development. The asking price for this exceptional investment opportunity is $1,050,000. Don't miss this chance to acquire a significant piece of Rolla real estate.