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    Springfield Rd Sullivan, MO 63080

    For Sale
    $53,000

    High-traffic location, development potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional commercial property, situated at 0 E Springfield Road in Sullivan, Missouri, presents a compelling investment opportunity. Spanning over 13,000 square feet, this lot boasts an impressive 108 feet of frontage along the bustling Springfield Road (Highway 66), ensuring high visibility and accessibility. The property's strategic location offers significant advantages for businesses seeking a prominent presence in a thriving area. Convenient alley access is available on two sides, facilitating ease of loading, unloading, and overall logistical operations. Currently zoned C3, this versatile land parcel is ideally suited for a variety of development projects. Imagine constructing a modern professional office building to cater to the growing business community or developing a multi-family residential complex to meet the increasing housing demand. The possibilities are vast, making this a truly exceptional opportunity for investors and developers alike. The property's prime location on a major thoroughfare, coupled with its generous size and flexible zoning, ensures a strong return on investment. Don't miss this chance to acquire a piece of Sullivan's vibrant commercial landscape. The asking price is $53,000.

    Property Features for Springfield Rd

    General Information

    Property type
    Other commercial real estate
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sullivan
    County
    Franklin
    State
    Missouri
    Longitude
    -91.14252
    Latitude
    38.23628

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, development potential.
    Where is this commercial real estate located?
    The property is located at Springfield Rd Sullivan, MO.
    What is the asking price?
    The asking price for this property is $53,000.
    468-4422
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    Springfield Rd Sullivan, MO 63080
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    Sullivan, MO 63080
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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
    Springfield Rd Sullivan, MO 63080
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