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    75 Highway 8 Steelville, MO 65565

    For Sale
    $249,900

    Versatile 11,200 sq ft building on 1.6 acres.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This expansive 11,200 square-foot commercial building, previously a bowling alley, presents a remarkable opportunity for redevelopment. Situated on a sizable 1.6-acre lot in Steelville, Missouri, its strategic location directly adjacent to the local ballpark ensures high visibility and convenient access. The property boasts an open floor plan, offering exceptional flexibility for a diverse range of commercial uses. Imagine transforming this space into a vibrant recreational facility, a dynamic event center, a bustling retail hub, or a modern office complex. The existing infrastructure includes two bathrooms, providing essential amenities for any business. Ample parking is available, catering to the needs of employees, customers, or event attendees. The building's prime location near the ballpark guarantees significant foot traffic and exposure, making it an ideal investment for entrepreneurs, community developers, or investors seeking a high-impact property in a thriving area. The substantial size and versatile layout of this property offer endless possibilities for creative repurposing and successful business ventures. This is a rare chance to acquire a large-scale commercial space with significant potential in a desirable location.

    Property Features for 75 Highway 8

    General Information

    Property type
    Other commercial real estate
    Lot Size
    69,696 SF

    Building Details

    Year Built
    1973
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Auto Repair Shop Florist

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

    Location Insight

    • Map
    • Local Demand
    City
    Steelville
    County
    Crawford
    State
    Missouri
    Longitude
    -91.35206
    Latitude
    37.96789

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile 11,200 sq ft building on 1.6 acres.
    Where is this commercial real estate located?
    The property is located at 75 Highway 8 Steelville, MO.
    What is the asking price?
    The asking price for this property is $249,900.
    368-7355
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    75 Highway 8 Steelville, MO 65565
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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
    75 Highway 8 Steelville, MO 65565
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