Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Lot on Route 66 Title is generated by Realmo AI

    888 Old Rte 66, St Robert, MO 65583

    View on Map
    Claim this Listing
    For Sale
    $395,000

    Business - St Robert, MO

    Type:Business
    Lot size:
    0.42 Acres
    Added:
    Dec 12, 2025
    Days on Market:
    156
    Last Refresh:
    May 17 at 4:06 am

    Property Features for 888 Old Rte 66

    General Information

    Property type
    Land
    Property subtype
    Business
    Zoning
    Commercial
    Standard status
    Active
    APN
    10-4.0-19-004-001-034-000
    Lot size
    0.42 Acres

    Taxes and HOA fees

    Tax Year
    2013
    Tax Annual Amount
    538

    Building Details

    Year built
    2014
    Architectural style
    Other

    We can help!

    Listing Contact
    Michael Woessner

    Listing agent Michael Woessner License #1999022373

    Listing office Investment Realty, Inc. 1703 N BISHOP, Rolla, MO

    Listing date Dec 12, 2025

    MLS# 14001728 Listing URL

    Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • High traffic location on Old Rte 66
    • Zoned C‑2 General Commercial District
    • 0.42 acre commercial lot
    • Corner lot at Old Rte 66 and St. Robert Blvd.
    • Approved access drive on St. Robert Blvd.
    • Right in/right out access

    Overview

    This 0.42 acre commercial lot is located on Old Route 66 in St. Robert, Missouri. The property is zoned C-2 General Commercial District and is situated at the corner of Old Route 66 and St. Robert Boulevard. It has approved access for a right-in/right-out drive on St. Robert Boulevard. The location is in a high-traffic area within the city.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Spa & Massage Center Hair Salon Pharmacy Auto Repair Shop Nail Salon Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    St Robert
    County
    Pulaski
    State
    Missouri
    Longitude
    -92.17111
    Latitude
    37.826586

    Nearby Similar for Sale

    • $495,000

      Leased Commercial Property With Warehouse

      Income-producing property with office space and warehouse, fully leased.
      1126 Old Rte 66, St Robert, MO 65584
      View Details
    • $325,000
      2,100 SF

      Versatile Commercial Property Near I-44

      2,100 SF building on 1.93 acres near I-44.
      14325 Saint Robert Outer Road, St Robert, MO 65584
      View Details
    • $299,000
      1,440 SF

      Turnkey Restaurant Opportunity Near Fort Wood

      Fully equipped restaurant with drive-thru in high-traffic location.
      101 Comfort Inn Boulevard, St Robert, MO 65584
      View Details
    • $849,900
      29,062 SF

      Prime Commercial Land Opportunity

      13.75-acre commercial land with I-44 and Route 66 frontage.
      530 Old Route 66, St Robert, MO 65584
      View Details
    • $1,500,000
      11,938 SF

      St. Robert Investment Opportunity

      Prime commercial property with income potential and expansion possibilities.
      571 VFW Memorial Drive, St Robert, MO 65584
      View Details
    • $250,000
      2,319 SF

      Well-Maintained Duplex Near Fort Leonard Wood

      Income-producing duplex with remodeled unit near Fort Leonard Wood.
      21074 Honest Lane, St Robert, MO 65584
      View Details
    • $567,000

      Mixed-Use Property Near Route 66

      Established businesses with high traffic location off I-44.
      107 Fina Avenue, St Robert, MO 65584
      View Details
    • $345,000

      Commercial Land on Old Route 66

      Commercial land in high-traffic area, ready for new construction.
      407 Old Route 66, St Robert, MO 65584
      View Details
    • $85,000

      Residential Land in St. Robert

      16.75 acre tract ideal for residential development or private estate.
      0 Bonaire Dr, St Robert, MO 65584
      View Details
    • $79,900

      20-Acre Land Near I-44

      20 acres near I-44, suitable for residential or commercial development.
      0 Hwy Z, St Robert, MO 65584
      View Details
    • $245,000

      St Robert Income Property

      Seven manufactured homes in St Robert, MO, generating income.
      572 HIGHWAY Y, St Robert, MO 65584
      View Details
    • $1,750,000
      21,874 SF

      St. Robert Self-Storage Investment

      Well-maintained 186-unit self-storage facility in St. Robert, MO.
      14305 St Robert Outer Rd, St Robert, MO 65584
      View Details

    FAQs

    What type of property is this?
    Commercial land - 0.42 acre commercial lot on Old Route 66.
    Where is this commercial land located?
    The property is located at 888 Old Rte 66 St Robert, MO.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: High traffic location on Old Rte 66; Zoned C‑2 General Commercial District; 0.42 acre commercial lot
    (573) 364-8111
    We can help!
    Listing Contact
    Michael Woessner
    Real Estate License ID: 1999022373
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    888 Old Rte 66, St Robert, MO 65583
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!