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    509 S Bishop Ave Rolla, MO 65401

    For Sale
    $850,000

    Commercial Sale - Rolla, MO

    Lot size:
    0.75 Acres
    Days on Market:
    177
    Last Refresh:
    Dec 5 at 8:06 am

    Property Features for 509 S Bishop Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    71-09-1.0-11-003-015-006.000
    Lot size
    0.75 Acres

    Building Details

    Year built
    1940
    Building materials
    Unknown
    Architectural style
    Other

    Investment Realty, Inc. (573) 364-8111 [email protected]

    Listing agent Michael Woessner (573) 364-8111 License #1999022373

    Listing date Jun 12, 2025

    MLS# 25041087 Listing URL

    Copyright © 2025 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land Ready for Redevelopment

    This 0.75 acre parcel is positioned next to Applebee’s and directly across from Walmart, making it suitable for commercial redevelopment. The property includes two vacant houses ready to be razed, offering a clean slate for a retail, restaurant, or office project. Zoned C-2 and surrounded by national retailers, the site benefits from visibility and steady traffic. The property is located in Rolla, Missouri.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rolla
    County
    Phelps
    State
    Missouri
    Longitude
    -91.77705955
    Latitude
    37.93987839

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    FAQs

    What type of property is this?
    Retail space - 0.75 acre commercial parcel in Rolla, MO for redevelopment.
    Where is this retail space located?
    The property is located at 509 S Bishop Ave Rolla, MO.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - Prime commercial redevelopment location next to Applebee's and across from Walmart.; - Zoned C-2, suitable for retail, restaurant, or office projects.; - High visibility and steady traffic flow.
    (573) 364-8111
    Request Owner's contact information
    509 S Bishop Ave Rolla, MO 65401
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    Rolla, MO 65401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    509 S Bishop Ave Rolla, MO 65401
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