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    Hwy 60 Republic, MO 65738

    For Sale
    $425,000

    High-traffic commercial land, excellent visibility.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 0.94-acre commercial lot is situated on the thriving US Highway 60 East in Republic, Missouri. Boasting over 500 feet of highway frontage, this C-2 zoned property offers unparalleled visibility and accessibility to a high volume of daily traffic exceeding 11,500 vehicles in each direction. An approved 28-foot access drive, courtesy of MoDOT, ensures convenient ingress and egress, with the option to relocate the drive further east if needed. The property is fully serviced with readily available electric, gas, water, and a brand-new sewer hookup, eliminating significant infrastructure hurdles for potential developers. Its prime location and extensive highway frontage make it ideally suited for a diverse range of commercial ventures, including fast-food restaurants, coffee shops with drive-thrus, retail establishments, or office spaces. This exceptional opportunity presents a rare chance to establish a thriving business in a rapidly expanding area with high traffic counts and excellent infrastructure support. The property's versatility and strategic location make it an attractive investment for those seeking a high-impact commercial presence in Republic, MO. Don't miss this chance to secure a prominent position on one of the area's busiest thoroughfares.

    Property Features for Hwy 60

    General Information

    Property type
    Other commercial real estate
    Lot Size
    40,946 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Republic
    County
    Greene
    State
    Missouri
    Longitude
    -93.48013
    Latitude
    37.11383

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic commercial land, excellent visibility.
    Where is this commercial real estate located?
    The property is located at Hwy 60 Republic, MO.
    What is the asking price?
    The asking price for this property is $425,000.
    (417) 823-2300
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    Hwy 60 Republic, MO 65738
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    Republic, MO 65738
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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
    Hwy 60 Republic, MO 65738
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