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    792 Sunset Dr At Hwy Farmington, MO 63640

    For Sale
    $1,499,000

    Prime 3.82-acre commercial lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 3.82-acre commercial land parcel presents a remarkable investment opportunity in the thriving Farmington, Missouri market. Strategically located at 792 Sunset Drive, directly accessible from Highway 67, this property boasts unparalleled visibility and accessibility. Its prime location within Farmington's bustling retail district ensures high traffic volume and significant exposure to a substantial consumer base. The expansive lot size offers considerable flexibility for a wide range of commercial developments, including retail spaces, hotels, office buildings, or industrial facilities. The property's address is 792 Sunset Dr, Farmington, MO 63640. This location serves a regional trade area encompassing over 160,000 residents, providing a robust and established market for any commercial venture. The asking price for this exceptional property is $1,499,000. Given its size, location, and development potential, this land parcel represents a rare opportunity to establish a successful business in a dynamic and growing community. Don't miss this chance to secure a prominent position in Farmington's thriving commercial landscape. The property is zoned for commercial use and is ready for immediate development.

    Property Features for 792 Sunset Dr At Hwy

    General Information

    Property type
    Land
    Lot Size
    166,399 SF

    HighLights

    • ±3.82 acres of commercial land.
    • Suitable for retail, hotel, office, or industrial development.
    • Prime Farmington retail district location.
    • Serves a regional trade area of over 160,000 people.
    • High visibility from Highway 67.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Farmington
    County
    St. Francois
    State
    Missouri
    Longitude
    -90.4450477
    Latitude
    37.7720532

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    FAQs

    What type of property is this?
    Land - Prime 3.82-acre commercial lot.
    Where is this land located?
    The property is located at 792 Sunset Dr At Hwy Farmington, MO.
    What is the asking price?
    The asking price for this property is $1,499,000.
    What are key features of this property?
    This property features: ±3.82 acres of commercial land.; Suitable for retail, hotel, office, or industrial development.; Prime Farmington retail district location.
    Request Owner's contact information
    792 Sunset Dr At Hwy Farmington, MO 63640
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    Farmington, MO 63640
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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
    792 Sunset Dr At Hwy Farmington, MO 63640
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