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

    8712 State Highway 72 Millersville, MO 63766

    For Sale
    $149,900

    Highway 72 Corner Lot - Endless Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 0.79-acre commercial property enjoys a highly visible corner location at the intersection of Highway 72 and Highway B, just ten minutes west of Jackson, Missouri. Its strategic positioning offers unparalleled accessibility and exposure. The property includes a substantial 30x60 metal shop building, perfect for various commercial uses, complemented by a separate 16x12 detached office space. The absence of zoning restrictions unlocks a wide array of development possibilities, catering to diverse business needs. Infrastructure is already in place, with readily available public water, 220V electric service, and high-speed fiber internet access. This ensures seamless operation for any prospective business. The property's affordability is further highlighted by its remarkably low 2023 property taxes of only $56, making this a truly exceptional investment opportunity. Dual road access, via entrances on both Highway 72 and Highway B, enhances convenience and operational flexibility. Priced at $149,900, this property presents a rare chance to acquire a versatile and well-situated commercial asset in a thriving area. Don't miss this chance to secure a prime location with significant upside potential.

    Property Features for 8712 State Highway 72

    General Information

    Property type
    Other commercial real estate
    Lot Size
    34,412 SF

    Building Details

    Year Built
    2005
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Auto Repair Shop Department Store Furniture Store Plumbing Service Italian Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Millersville
    County
    Cape Girardeau
    State
    Missouri
    Longitude
    -89.7823
    Latitude
    37.42737

    Nearby Comparable

    • $666,000
      44.40 Acres

      Expansive Farmland with Development Potential

      44.4-acre tract ideal for farming, residential development, or investment.
      349 County Rd, Millersville, MO 63766
      View Details
    • $706,000
      35.30 Acres

      Expansive Farmland Tract For Sale

      35.3-acre farmland with potential for farming, residential, or development.
      72 Hwy, Millersville, MO 63766
      View Details
    • $629,000
      8.72 Acres

      Wedding Venue with Living Quarters

      Successful wedding venue with living quarters on over 8 acres.
      1082 County Road 349, Jackson, MO 63755
      View Details
    • $189,900
      Pending

      Gently Rolling Farmland For Sale

      15.46 acre farm with 13 tillable acres near Oak Ridge.
      1200 County Road 452, Oak Ridge, MO 63769
      View Details
    • $460,000
      40.00 Acres

      40 Acres Multi-Use Land Tract

      40-acre tract ideal for hobby farm, grazing, hunting, recreation.
      State Hwye, Oak Ridge, MO 63769
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Highway 72 Corner Lot - Endless Potential
    Where is this commercial real estate located?
    The property is located at 8712 State Highway 72 Millersville, MO.
    What is the asking price?
    The asking price for this property is $149,900.
    987-0721
    Request Owner's contact information
    8712 State Highway 72 Millersville, MO 63766
    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.
    8712 State Highway 72
    Millersville, MO 63766
    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
    8712 State Highway 72 Millersville, MO 63766
    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.