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    951 W Elm St Lebanon, MO 65536

    For Sale
    $389,900

    Retail - Lebanon, MO

    Type:Retail
    Property size:
    3,770 SF
    Lot size:
    1.08 Acres
    Days on Market:
    22
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 951 W Elm St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    APN
    13-5.0-15-001-001-017.000
    Parking features
    Driveway, Open, Parking Lot, Paved or Surfaced
    Size
    3,770 SF
    Lot size
    1.08 Acres

    Utilities

    Heating system
    Electric (Heating), Varies by Unit (Heating)
    Cooling system
    Multi Units, Wall Unit(s)

    Building Details

    Year built
    1982
    Building materials
    Metal Siding
    Roof type
    Metal
    Architectural style
    Other

    Realty Executives of Lebanon (417) 588-7000 [email protected]

    Listing agent Becky Burk (417) 588-7000 License #1999105655

    Listing date Nov 14, 2025

    MLS# 24071182 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

    Remodeled Retail Space on Route 66

    Located on the historic Route 66 in Lebanon, MO, this recently remodeled 3770 square foot building offers a versatile open space suitable for various business ventures. The property includes two lots totaling 1.084 acres, providing a significant amount of parking space. It features four overhead doors, plus an additional overhead door for the separate one-car detached storage building. The building is equipped with five mini-split heat and air units and includes two bathrooms. A billboard on the property generates additional annual lease income and also has a garage door. The property benefits from a large concrete and asphalt parking area. Significant remodeling and updates were completed in 2023. The location is in the city.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Laclede
    State
    Missouri
    Longitude
    -92.667822
    Latitude
    37.667359

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    FAQs

    What type of property is this?
    Storefront property - 3770 SF retail building with parking and income potential.
    Where is this storefront property located?
    The property is located at 951 W Elm St Lebanon, MO.
    What is the asking price?
    The asking price for this property is $389,900.
    What are key features of this property?
    This property features: - Prime location on Historic Route 66 (West Elm St.); - **Large 3770 sq ft open space, recently remodeled in 2023**; - Two lots totaling 1 acre
    (417) 588-7000
    Request Owner's contact information
    951 W Elm St Lebanon, MO 65536
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    Lebanon, MO 65536
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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
    951 W Elm St Lebanon, MO 65536
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