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    520 Truman Blvd Festus, MO 63028

    Sponsored
    For Sale
    $275,000

    High-traffic Festus commercial lot, great visibility.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 0.32-acre commercial property boasts a prime location on Highway 61/67 (Truman Boulevard) in Festus, Missouri. The lot offers approximately 105 feet of road frontage, ensuring high visibility and accessibility for any business. Its strategic placement provides excellent exposure to a consistent stream of high-traffic volume. The property is situated near a cluster of established businesses, including a Super Walmart, CVS, McDonald's, Aldi, and Walgreens, guaranteeing a strong customer base and convenient access for employees and customers. The site includes a paved parking area, eliminating the need for significant upfront infrastructure investment. This location is ideal for a wide range of commercial ventures seeking high visibility and convenient access to a thriving retail corridor. The property's size and location make it an attractive opportunity for businesses looking to establish a strong presence in a busy and well-established commercial area. The address is 520 S Truman Boulevard, Festus, MO. The asking price is $275,000. This is a rare opportunity to acquire a highly visible and accessible commercial lot in a prime Festus location.

    Property Features for 520 Truman Blvd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    13,939 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Tropical Treats Snow ... Frozen Dessert Supplier

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Festus
    County
    Jefferson
    State
    Missouri
    Longitude
    -90.38736
    Latitude
    38.21493

    Nearby Comparable

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      Festus Commercial Land - 4.5 Acres

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      Festus Commercial Land For Sale

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    Nearby Similar for Sale

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      Festus Multifamily Zoned Opportunity

      Versatile building in Festus, MO, ideal for redevelopment.
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    • $215,000
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      Festus Church Building For Sale

      Charming church in Festus with sanctuary, offices, and parking.
      410 Moore St, Festus, MO 63028
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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic Festus commercial lot, great visibility.
    Where is this commercial real estate located?
    The property is located at 520 Truman Blvd Festus, MO.
    What is the asking price?
    The asking price for this property is $275,000.
    931-9100
    Request Owner's contact information
    520 Truman Blvd Festus, MO 63028
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    Festus, MO 63028
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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
    520 Truman Blvd Festus, MO 63028
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