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Industrial Land with Billboards
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207 Martingale Dr, Conway, MO 65632

30+ acres of usable industrial land with three billboards and an on-site building that can be subdivided.

Space Size32,750 SF
Lot Size30.00 Acres
Days on Market293

Property Features for 207 Martingale Dr

General Information

Standard status Active
Size 32,750 SF
Lot size 30.00 Acres
Property subtype INDUSTRIAL
Occupancy 40%
Lease Type NNN

Site & Location

Traffic Count 20,000 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Tenancy Multi

Spaces For Lease

at 207 Martingale Dr
32,750 SF Warehouse With I-44 Frontage $4/SF/Yr
Floor Bldg
Size 32,750 SF
Type INDUSTRIAL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
The property features a ±32,750 SF warehouse situated on approximately 5 acres, offering flexibility for a variety of commercial and industrial users. The building could potentially be subdivided into up to four sections to accommodate multiple tenants or repositioned for alternative uses such as self-storage. The property is currently partially occupied by two tenants on month-to-month leases, together utilizing approximately 40% of the building. The ±5-acre site provides additional area for parking, outdoor storage, truck maneuvering, or laydown yard uses, depending on an operator’s needs. An additional ±47 acres of land located adjacent to the property is also available for sale separately, providing an opportunity for future development, expansion, or interstate-related commercial and industrial uses. The ±47-acre tract also includes three existing billboards, providing potential for additional income generation. With existing tenancy, multiple potential configurations within the warehouse, adjacent acreage available for expansion or development, and potential billboard income, the property presents a unique investment and owner-user opportunity with multiple avenues for future value creation. Buyers have the flexibility to acquire the warehouse and ±5 acres independently or pursue the adjacent ±47 acres to create a larger, strategically positioned commercial or industrial site. Property located in Conway, MO 1 mile from Exit 113 Interstate-44 just 15 miles from Lebanon, MO and 30 from Springfield, MO. Conway’s strategic value is the strong east-west visibility with quick Interstate connectivity. Land values are going to be cheaper offering less congestion than larger markets and flexible governmental approval processes. Located along the Route 66 historic corridor and adjacent to to Interstate 44 with 20,000 vehicles per day passing by.
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Listing Agency: BARBERMurphy
Listed By: Steve C Zuber
Source: Moodyscre
Added: Jan 6 Changed: Oct 25 Last Checked: Oct 24 at 7:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BARBERMurphy

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Investment Insights

Based on property information with market context.

The offering includes 30 +/- acres of usable land suited for future heavy commercial or industrial uses, including outdoor storage, laydown yard space, or truck parking. The site also includes three existing billboards that could be utilized for income. A 32,750 SF building is on-site and can be subdivided into four sections for leasing to multiple tenants, or alternatively converted to self-storage units. Two tenants currently occupy approximately 40% of the building on month-to-month leases.

The property is located in Conway, MO, about one mile from Exit 113 on Interstate 44, with additional proximity to Lebanon and Springfield. It sits along the Route 66 historic corridor adjacent to I-44, with the provided traffic count indicating about 20,000 vehicles per day passing by.

Key Highlights

  • 30+/- acres of usable land for future interstate‑related businesses, heavy commercial, industrial operations, or outdoor storage/laydown/parking.
  • 32,750 SF building that can be subdivided into 4 sections for multiple tenants or conversion to self‑storage units.
  • Three existing billboards on‑site that could be utilized for income purposes.

Property Analytics

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Open Analytics

Current Use

Brooks Gas Co Gas Company

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Grocery & Convenience Store Garden Center (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20,000 VPD
Traffic count
40%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

31
Businesses Nearby

Demographics for 65632, MO

2,993
Population
1,123
Households
2.7
Avg Household Size
42
Median Age
13%
College-Educated
88%
High-School Grad
112.9 sq mi
ZIP Area
27
Density / Sq Mi
$54,712
Median Household Income
$35,682
Median Earnings
$809
Median Rent
$202,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Industrial land - 30+ acres of usable industrial land with three billboards and an on-site building that can be subdivided.
Where is this industrial land located?
The property is located at 207 Martingale Dr Conway, MO.
What are key features of this property?
This property features: 30+/- acres of usable land for future interstate‑related businesses, heavy commercial, industrial operations, or outdoor storage/laydown/parking.; 32,750 SF building that can be subdivided into 4 sections for multiple tenants or conversion to self‑storage units.; Three existing billboards on‑site that could be utilized for income purposes.
(618) 277-4400 Call to check price and availability
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