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    720 Springfield Rd Sullivan, MO 63080

    For Sale
    $1,045,000

    High-traffic corner lot, development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 2-acre commercial land parcel, located at 720 W Springfield Rd in Sullivan, Missouri (zip code 63080), presents a compelling investment opportunity. Situated at a busy four-way stoplight intersection, this property boasts unparalleled visibility and accessibility. The high volume of local traffic ensures consistent exposure for any commercial development. Its strategic location offers convenient access to Interstate 44 via a nearby exit ramp, further enhancing its appeal to businesses and customers alike. The property is zoned C-4 & R-1, allowing for a variety of commercial and residential uses. The land comprises multiple parcels with the following Parcel ID numbers: 35-4-170-2-001-001000; 35-4-170-2-001-026000; 35-4-170-2-001-002000; and 35-4-170-2-001-025000. The James Schatz Memorial Overpass further increases traffic flow and visibility, creating a prime location for a variety of businesses, including pharmacies, retail centers, gas stations/convenience stores, or restaurants. This high-traffic corner lot presents strong development potential and is offered at an asking price of $1,045,000. Don't miss this chance to capitalize on this premier location.

    Property Features for 720 Springfield Rd

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • $1,045,000 asking price for 2 acres of commercial land.
    • Located at a signalized, high‑traffic four‑way intersection in Sullivan, MO.
    • Excellent visibility and access due to high local traffic volume.
    • Convenient proximity to I‑44.
    • Significant development potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Sullivan
    County
    Franklin
    State
    Missouri
    Longitude
    -91.1727962
    Latitude
    38.207757

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    FAQs

    What type of property is this?
    Land - High-traffic corner lot, development potential.
    Where is this land located?
    The property is located at 720 Springfield Rd Sullivan, MO.
    What is the asking price?
    The asking price for this property is $1,045,000.
    What are key features of this property?
    This property features: $1,045,000 asking price for 2 acres of commercial land.; Located at a signalized, high-traffic four-way intersection in Sullivan, MO.; Excellent visibility and access due to high local traffic volume.
    (573) 860-4343
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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
    720 Springfield Rd Sullivan, MO 63080
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