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    Progress Dr Sullivan, MO 63080

    For Sale
    $95,000

    1.47-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This 1.47-acre commercial lot, designated as Lot 1, is available for $95,000. Located on Progress Drive in Sullivan, Missouri (zip code 63080), this property boasts a highly desirable location. Its C-4 Commercial zoning allows for a variety of development opportunities. The lot enjoys excellent visibility and proximity to key community landmarks, including the Sullivan Fairgrounds, the police station, and Missouri Baptist Hospital. Easy access to Highway D further enhances its strategic position. While this lot is being sold individually, it's important to note that it is contiguous with a neighboring 1.82-acre lot (Lot 4, separately listed). The possibility of acquiring and developing both lots together presents an attractive option for larger-scale projects. This property represents a unique investment opportunity in a thriving Missouri community. Lots 2, 3, and 5 have already been sold and developed, highlighting the area's appeal and potential for future growth. The coordinates for this property are 38.1987663 latitude and -91.1755755 longitude. This information is for informational purposes only and should be verified independently.

    Property Features for 0 Progress Dr

    General Information

    Property type
    Land
    Lot Size
    64,033 SF

    HighLights

    • $95,000 asking price.
    • 1.47‑acre commercial/industrial land parcel.
    • C‑4 Commercial zoning.
    • Located on Progress Drive in Sullivan, MO, 63080.
    • Excellent location near Highway D, Missouri Baptist Hospital, Sullivan Fairgrounds, and Police Department.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sullivan
    County
    Franklin
    State
    Missouri
    Longitude
    -91.1755755
    Latitude
    38.1987663

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    FAQs

    What type of property is this?
    Land - 1.47-acre commercial lot, prime location.
    Where is this land located?
    The property is located at Progress Dr Sullivan, MO.
    What is the asking price?
    The asking price for this property is $95,000.
    What are key features of this property?
    This property features: $95,000 asking price.; 1.47-acre commercial/industrial land parcel.; C-4 Commercial zoning.
    Request Owner's contact information
    Progress Dr Sullivan, MO 63080
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    Sullivan, MO 63080
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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
    Progress Dr Sullivan, MO 63080
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