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    1355 Us Highway 60 Republic, MO 65738

    Sponsored
    For Lease
    $0.74 SF/Yr ($6,715 /Mo)

    High-traffic retail pad site, build-to-suit.

    Lot size:
    108,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.5-acre commercial land parcel in Republic, Missouri, presents a prime opportunity for retail development. Located at 1355 US Hwy 60, this single-tenant site boasts unparalleled visibility and high traffic volume due to its strategic location on a major thoroughfare. The property sits adjacent to Lowe's Home Improvement and directly across from a Walmart Supercenter, ensuring consistent customer flow. Furthermore, its proximity to the future Andy's Frozen Custard location adds to its already strong appeal. The site features a hard corner, fully signalized intersection, maximizing exposure. This C2-zoned property offers 108,900 square feet of potential development space. The lease structure is NNN, meaning the tenant is responsible for a pro-rata share of real estate taxes, building insurance, and property maintenance. Build-to-suit options are available, allowing for customized development to meet specific tenant needs. Lease terms are negotiable and will be determined through mutual agreement between landlord and tenant. This is an exceptional opportunity to establish a thriving business in a high-growth area. The zip code is 65738.

    Property Features for 1355 Us Highway 60

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    108,900 SF
    Total Rate
    6715.5

    Unit(s) available at that property

    Space
    Available Space
    Size
    108,900 SF
    Rate per SF
    $0.74

    HighLights

    • Adjacent to new Andy's Frozen Custard and Lowe's Home Improvement.
    • High‑visibility hard corner location at a fully signalized intersection.
    • Exceptional opportunity: first‑time availability.
    • Retail pad site available for lease.
    • Build‑to‑suit options available.
    • Lease rate: $80,000 annually (NNN).
    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
    Republic
    County
    Republic
    State
    Missouri
    Longitude
    -93.4587492
    Latitude
    37.1320931

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    FAQs

    What type of property is this?
    Land - High-traffic retail pad site, build-to-suit.
    Where is this land located?
    The property is located at 1355 Us Highway 60 Republic, MO.
    What is the lease rate?
    The lease rate is $0.74 SF/Yr.
    What are key features of this property?
    This property features: Adjacent to new Andy's Frozen Custard and Lowe's Home Improvement.; High-visibility hard corner location at a fully signalized intersection.; Exceptional opportunity: first-time availability.
    Request Owner's contact information
    1355 Us Highway 60 Republic, MO 65738
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    Republic, MO 65738
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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
    1355 Us Highway 60 Republic, MO 65738
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