Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    401 Hwy 32 Hwy Lebanon, MO 65536

    For Sale
    $1,349,900

    19.5 Acres, High Visibility, Hwy 32

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional commercial property, situated on a highly visible 19.5-acre lot within Lebanon city limits, presents a unique investment opportunity. Boasting 180 feet of highway frontage on Highway 32, this property enjoys significant traffic exposure. The all-brick building offers a versatile layout, ideal for a variety of commercial uses. The 2,900 square foot building includes 1,369 square feet of office space and a 1,500 square foot garage/shop area featuring three 10x14 overhead doors. The office area is well-appointed with a spacious waiting area, multiple offices, and two bathrooms, one of which includes a shower. A full kitchen equipped with appliances adds to the functionality. The property is in excellent condition, with recent improvements including a newly sealed asphalt parking lot, ample lighting, and a newer HVAC system. The expansive 36,000+ square foot paved area provides ample parking and maneuvering space. Previously used as a retail car lot, this property's prime location and versatile design make it suitable for a wide range of commercial ventures. The property is offered as part of MLS listings #24048250 and #24047542.

    Property Features for 401 Hwy 32 Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    849,420 SF

    Building Details

    Year Built
    2006
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lebanon
    County
    Laclede
    State
    Missouri
    Longitude
    -92.6425
    Latitude
    37.66987

    Nearby Similar for Sale

    • $985,000
      3,658 SF

      Lebanon Farm with Updated Home

      169 acre farm with updated home and multiple amenities.
      19838 Sioux Dr, Lebanon, MO 65536
      View Details
    • $989,900
      0.25 Acres

      Historic Joe Knight Building

      Landmark building in downtown Lebanon, ready for diverse ventures.
      201 W Commercial St, Lebanon, MO 65536
      View Details
    • $244,900
      6,968 SF

      Versatile Mixed-Use Building in Lebanon

      Mixed-use property with income potential in downtown Lebanon, Missouri.
      200 W 2Nd St, Lebanon, MO 65536
      View Details
    • New
      $550,000
      2,699 SF

      Lebanon, MO Investment Opportunity

      Gas station, convenience store, and campground near Bennett Springs State Park.
      11448 Highway 64, Lebanon, MO 65536
      View Details
    • $649,900
      3,742 SF

      Updated Ranch Home on 14.5 Acres

      Updated ranch home with walk-out basement on 14.5 acres.
      30871 Highway Bb, Lebanon, MO 65536
      View Details
    • $147,500
      1,440 SF

      Versatile Commercial Property Near Highway

      Commercial property suitable for various business opportunities near major highways.
      28961 Highway F, Lebanon, MO 65536
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - 19.5 Acres, High Visibility, Hwy 32
    Where is this commercial real estate located?
    The property is located at 401 Hwy 32 Hwy Lebanon, MO.
    What is the asking price?
    The asking price for this property is $1,349,900.
    588-7000
    Request Owner's contact information
    401 Hwy 32 Hwy Lebanon, MO 65536
    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.
    401 Hwy 32 Hwy
    Lebanon, MO 65536
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    401 Hwy 32 Hwy Lebanon, MO 65536
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.