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    Old Highway 50 Union, MO 63084

    For Sale
    $1,820,808

    High-traffic Hwy 50 lot, 3.8 acres

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional 3.8-acre commercial lot presents a remarkable opportunity for businesses seeking high visibility and convenient access. Strategically located on Old Highway 50 in Union, Missouri, this property boasts approximately 700 feet of road frontage, ensuring maximum exposure to the substantial daily traffic volume of roughly 19,000 vehicles (per MODT 2018 data). Its proximity to Interstate 44 (approximately 2 miles) provides effortless connectivity to regional and national transportation networks. The level lot is ready for immediate development, with utilities readily available on-site or in close proximity. The surrounding area offers a thriving mix of established businesses, including restaurants, national retail chains, a gas station, and an industrial park, creating a dynamic and supportive commercial environment. Furthermore, the presence of nearby residential subdivisions guarantees a robust customer base. This property's combination of high traffic counts, excellent location, and readily available utilities makes it an ideal site for a wide range of commercial ventures. The possibilities are truly limitless for entrepreneurs seeking a prime location to establish and grow their business. Don't miss this chance to secure a highly desirable commercial property in a rapidly developing area.

    Property Features for Old Highway 50

    General Information

    Property type
    Other commercial real estate
    Lot Size
    165,528 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Union
    County
    Franklin
    State
    Missouri
    Longitude
    -90.98115
    Latitude
    38.4356

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic Hwy 50 lot, 3.8 acres
    Where is this commercial real estate located?
    The property is located at Old Highway 50 Union, MO.
    What is the asking price?
    The asking price for this property is $1,820,808.
    900-9550
    Request Owner's contact information
    Old Highway 50 Union, MO 63084
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    Union, MO 63084
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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
    Old Highway 50 Union, MO 63084
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