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    24920 Oak Grove Ln Sedalia, MO 65301

    For Sale
    $2,400,000

    23 Acres, High Traffic Area, $2.4M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 23.03-acre agricultural property, located at 24920 Oak Grove Lane in Sedalia, Missouri, presents a unique investment opportunity. Situated in Pettis County, zip code 65301 (latitude 38.7156111, longitude -93.2814501), this level site boasts an unparalleled location at one of Sedalia's busiest intersections, experiencing traffic counts exceeding 21,000 vehicles daily. Its strategic placement adjacent to major retailers such as Kohl's, Menards, and PetSmart, further enhances its commercial viability. The property's zoning is designated as AG, and all utilities are readily available. The owner reports observing approximately 400 semi-trucks per day in the vicinity, suggesting significant potential for development as a mini truck stop or similar commercial venture. The property's proximity to the Thompson Meadows Industrial Park adds to its appeal and potential for synergistic development. This offering presents a rare combination of prime location, substantial acreage, and high traffic volume, making it an ideal investment for discerning buyers seeking a high-return opportunity in a thriving commercial area. The asking price for this exceptional property is $2,400,000.

    Property Features for 24920 Oak Grove Ln

    General Information

    Property type
    Farms
    Lot Size
    1,003,187 SF

    HighLights

    • High‑traffic corner location in Sedalia.
    • Daily traffic counts exceed 21,000 vehicles.
    • Excellent co‑tenancy with Kohl's, Menards, and PetSmart.
    • Ideal for a mini truck stop; owner reports 400 daily semi‑truck visits.
    • Directly across from Thompson Meadows Industrial Park.
    • Level lot with readily available utilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Building Supply Wholesale Shop Dental Office Hair Salon Auto Repair Shop Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Sedalia
    County
    Pettis
    State
    Missouri
    Longitude
    -93.2814501
    Latitude
    38.7156111

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    FAQs

    What type of property is this?
    Farm - 23 Acres, High Traffic Area, $2.4M
    Where is this farm located?
    The property is located at 24920 Oak Grove Ln Sedalia, MO.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: High-traffic corner location in Sedalia.; Daily traffic counts exceed 21,000 vehicles.; Excellent co-tenancy with Kohl's, Menards, and PetSmart.
    Request Owner's contact information
    24920 Oak Grove Ln Sedalia, MO 65301
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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
    24920 Oak Grove Ln Sedalia, MO 65301
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