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Commercial Land With Existing Building
For Sale
$550,000

505 N Main Street, Laurie, MO 65037

CommercialSale, Laurie, MO

Property SizeContact for details
Lot Size5.83 Acres
Days on Market74

Property Features for 505 N Main Street

General Information

Property type Commercial Sale
Property subtype Other
Lot features Level
Directions Hwy 5 to Laurie, Left at 605 N Main. Across the street from Concordia Bank
Subdivision K
Standard status Active
APN 209029000000117000
Lot size 5.83 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Legal to Govern
Tax Annual Amount 3173
Legal Description Legal to Govern

Utilities

Sewer type Public Sewer
Cooling system Central Air
Water source Public

Building Details

Building materials Block
Roof type Metal
Listing Agency: Weichert REALTORS - House of Brokers
Listed By: Lindsay Parrott · License #2018042670
Added: Jul 16 Changed: Sep 6 Last Checked: Sep 27 at 11:06AM
MLS# 3588772

Copyright © 2026 Bagnell Dam Association of Realtors. 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 5.83-acre commercial land offering includes two cleared, level lots and additional acreage described as developable for future expansion. An existing block building is currently used as a nail salon and has received new flooring and fresh paint. The structure includes central air, a metal roof, public water, and public sewer, providing an existing commercial improvement alongside the available land.

The property fronts Highway 5 in Laurie, Missouri. Its combination of cleared ground, an operating commercial building, and established utility connections creates a varied physical configuration for continued commercial use or additional development, subject to applicable approvals.

Key Highlights

  • 5.83 acres of commercial land along Highway 5
  • Two cleared, level lots plus additional acreage described as developable
  • Existing block building currently operating as a nail salon

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Locksmith Garden Center Bakery Big Box & Wholesale Store Carpet & Flooring Store Barber Shop

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

268
Businesses Nearby

Demographics for 65037, MO

4,732
Population
5,426
Households
0.9
Avg Household Size
59
Median Age
20%
College-Educated
91%
High-School Grad
79.2 sq mi
ZIP Area
60
Density / Sq Mi
$66,404
Median Household Income
$33,221
Median Earnings
$791
Median Rent
$250,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Highway 5 commercial acreage includes cleared level lots and an updated building with public utilities.
Where is this commercial land located?
The property is located at 505 N Main Street Laurie, MO.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 5.83 acres of commercial land along Highway 5; Two cleared, level lots plus additional acreage described as developable; Existing block building currently operating as a nail salon
More about this property
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