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Underground Limestone Warehouse Complex
New
For Sale
$915,000

2662 North Highway 79, Elsberry, MO 63343

Commercial Sale, Elsberry, MO

Property Size440,000 SF
Lot Size49.00 Acres
Price / SF$2.08
Days on Market6

Property Features for 2662 North Highway 79

General Information

Property type Commercial Sale
Property subtype Other
Subdivision 460 - Elsberry R-2
Standard status Active
APN 028034000000001001
Lot size 49.00 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8114

Utilities

Water front features Lake
Water front 1

Amenities

lake

Building Details

Floors in Building 2
Listing Agency: EXP Realty, LLC
Listed By: Tracy Ellis · License #100085698
Added: Sep 17 Changed: Sep 18 Last Checked: Sep 22 at 12:06PM
MLS# 26010565

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This industrial property comprises 3 underground limestone mines excavated during the 1930s, with a combined 440,000 SF of interior area. The lower level features stone floors, ceiling heights reaching 40 feet, and stone pillars spaced 50–60 feet apart. Average interior temperatures range from 53 to 58 degrees, while exterior openings support ventilation without ductwork. The underground spaces are identified as suitable for temperature-controlled storage or manufacturing warehouse use.

The property also includes 49+ acres above the mines and a 2-acre lake with fish. Rail and river access are nearby, and the site is reached from Highway 79, approximately 25 minutes from Highway 70. The rural setting includes expansive views and supports additional concepts identified for the property, including winery or resort use.

Key Highlights

  • 440,000 SF across 3 underground limestone mines
  • Ceiling heights reach 40 feet on the lower level
  • Average interior temperatures range from 53 to 58 degrees

Property Analytics

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Current Use

Mining land & claims

Suggested Use

Top Pick Garden Center Accounting Firm

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

40 ft
Clear height
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby
Well-served
Demand for This Use

Demographics for 63343, MO

4,459
Population
1,849
Households
2.4
Avg Household Size
43
Median Age
15%
College-Educated
91%
High-School Grad
111.4 sq mi
ZIP Area
40
Density / Sq Mi
$71,523
Median Household Income
$40,727
Median Earnings
$933
Median Rent
$149,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Three underground limestone facilities provide naturally ventilated space suited to temperature-controlled storage or manufacturing.
Where is this warehouse located?
The property is located at 2662 North Highway 79 Elsberry, MO.
What is the asking price?
The asking price for this property is $915,000.
What are key features of this property?
This property features: 440,000 SF across 3 underground limestone mines; Ceiling heights reach 40 feet on the lower level; Average interior temperatures range from 53 to 58 degrees
More about this property
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