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    Hwy 60 Republic, MO 65738

    For Sale
    $425,000

    Republic, MO: High-Traffic Commercial Land

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 0.94-acre commercial lot presents a prime investment opportunity on heavily trafficked US Highway 60 in Republic, Missouri. Boasting over 500 feet of highway frontage, this C-2 zoned property enjoys excellent visibility and accessibility. 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 site is fully serviced, offering readily available electric, gas, water, and a brand-new sewer hookup, eliminating significant development hurdles. Daily traffic counts exceeding 11,500 vehicles in each direction guarantee substantial exposure for any business. This location is perfectly suited for a variety of commercial ventures, including fast-food restaurants, coffee shops with drive-thrus, retail establishments, or office spaces. The property's strategic location within Republic's rapidly expanding commercial corridor promises strong returns on investment. This is a rare opportunity to secure a highly visible and well-equipped commercial lot in a thriving market. Don't miss out on this exceptional chance to establish your business in a prime location. The asking price is $425,000.

    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 - Republic, MO: High-Traffic Commercial Land
    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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