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    28151 Spanky Ln Waynesville, MO 65583

    For Sale
    $450,000

    40 Acres, I-44 Frontage, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 40-acre tract in Waynesville, Missouri, presents a unique investment opportunity. Strategically located just off Historic Route 66 and boasting over 2000 feet of frontage on Interstate 44 (Exit 153), this property offers unparalleled visibility to one of the nation's busiest highways. Situated in Pulaski County, near the midpoint between St. Louis and Springfield, this land benefits from its proximity to Waynesville and St. Robert, the county's largest municipalities, and Fort Leonard Wood, a major military training base. The mostly level acreage features two points of access—a private road and a dead-end street—with utilities readily available. Two ponds enhance the property's appeal. Its versatility allows for diverse development options, including single or multi-family residential projects, large sales lots, an RV park, storage units, or a commercial building. The property's western portion slopes gently eastward, offering a flat, open area near the private road for convenient access. Priced aggressively at $450,000, this is an exceptional value for a serious buyer seeking high-traffic exposure and development flexibility.

    Property Features for 28151 Spanky Ln

    General Information

    Property type
    Land
    Lot Size
    1,742,400 SF

    HighLights

    • 40‑acre tract in Waynesville, MO, offering exceptional visibility.
    • Over 2,000 feet of I‑44 frontage (Exit 153), near Historic Route 66.
    • Located in Pulaski County, between St. Louis and Springfield, near Waynesville, St. Robert, and Fort Leonard Wood.
    • Mostly level land with two access points, utilities available, and two ponds.
    • Versatile development potential: residential, commercial, RV park, or storage.
    • Priced at $450,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waynesville
    County
    Pulaski
    State
    Missouri
    Longitude
    -92.2723012
    Latitude
    37.7813264

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    FAQs

    What type of property is this?
    Land - 40 Acres, I-44 Frontage, High Visibility
    Where is this land located?
    The property is located at 28151 Spanky Ln Waynesville, MO.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: 40-acre tract in Waynesville, MO, offering exceptional visibility.; Over 2,000 feet of I-44 frontage (Exit 153), near Historic Route 66.; Located in Pulaski County, between St. Louis and Springfield, near Waynesville, St. Robert, and Fort Leonard Wood.
    (417) 839-0156
    Request Owner's contact information
    28151 Spanky Ln Waynesville, MO 65583
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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
    28151 Spanky Ln Waynesville, MO 65583
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