Should you invest in commercial real estate at the Lake of the Ozarks?

Lake of the Ozarks commercial property is in demand due to the forecasted growth of the area as a retirement and second/vacation home market.  Retail land on Highway 54 in Osage Beach has surpassed the $4000 per linear front foot in many areas, and with our limited area due to topography and geography, there’s little reason to think this demand will do anything but increase for the foreseeable future.   

Here’s a sample property in Osage Beach that would be perfect for a retail operation or a boat sales lot.   This building in most Mid-Missouri locations would be worth about $140,000, but with the location right on Highway 54 with 145 feet of frontage, next to Wal-Mart, the asking price is $659,000.  When one looks at visibility and the sales that would follow, the price becomes very relative. 

If you need more information on commercial property investing at the Lake of the ozarks, perhaps using your IRA to invest in commercial property, or using 1031 exchange to increase your wealth through leverage, you can always contact John Garrett at 573-302-2320 or e-mail me for a fast response. 

You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.