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    429-431 Springfield Rd Sullivan, MO 63080

    For Sale
    $420,000

    Prime 1.51-acre commercial lot in Sullivan, MO.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.51-acre commercial land parcel, located at 429-431 W. Springfield Rd in Sullivan, Missouri (zip code 63080), presents a unique investment opportunity. Priced at $420,000, this property boasts a highly desirable location at the intersection of US Route 66 and Springfield Road, offering excellent visibility and accessibility. The site consists of two parcels, providing multiple access points for enhanced convenience. Public water and sewer services are readily available, simplifying development plans. Its strategic position offers close proximity to two I-44 exits, ensuring convenient transportation links. Furthermore, the property is situated directly across the street from Sunny Jim Bottomley City Park, providing a pleasant and attractive surrounding environment. The thriving community of Sullivan, Missouri, with a population of 6,852, provides a strong local market. This versatile land is ideal for a variety of commercial ventures, making it an attractive investment prospect for developers and entrepreneurs seeking a prime location in a growing community. The property's size and location make it suitable for a range of commercial uses, offering significant potential for future growth and return on investment.

    Property Features for 429-431 Springfield Rd

    General Information

    Property type
    Land
    Lot Size
    65,776 SF

    HighLights

    • $420,000 asking price for 1.51 acres of commercial land.
    • Located in Sullivan, MO, population 6,852.
    • Close proximity to two I‑44 exits.
    • Situated at the intersection of US Route 66 and Springfield Rd.
    • Across from Sunny Jim Bottomley City Park.
    • Two parcels with multiple property accesses; public water and sewer available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Sullivan
    County
    Franklin
    State
    Missouri
    Longitude
    -91.167515
    Latitude
    38.213287

    Nearby Comparable

    • $420,000

      Land Near I-44 Exits

      Land for sale near I-44 and Route 66.
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      Sullivan, MO Commercial Land

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    Nearby Similar for Sale

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      Sullivan Commercial Property - Highway 44

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      770 Service Rd, Sullivan, MO 63080
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    • $53,000

      Sullivan Hwy 66 Commercial Land

      High-traffic location, development potential.
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    FAQs

    What type of property is this?
    Land - Prime 1.51-acre commercial lot in Sullivan, MO.
    Where is this land located?
    The property is located at 429-431 Springfield Rd Sullivan, MO.
    What is the asking price?
    The asking price for this property is $420,000.
    What are key features of this property?
    This property features: $420,000 asking price for 1.51 acres of commercial land.; Located in Sullivan, MO, population 6,852.; Close proximity to two I-44 exits.
    (314) 881-5580
    Request Owner's contact information
    429-431 Springfield Rd Sullivan, MO 63080
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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
    429-431 Springfield Rd Sullivan, MO 63080
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