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    5700 Block Hwy 60 Republic, MO 65738

    Sponsored
    For Sale
    $900,000

    8.7 Acres, Hwy 60, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8.7-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Republic, Missouri. Strategically located on Highway 60, this property boasts unparalleled visibility and convenient access, placing your business in a prime location for attracting customers. The lot is zoned for commercial use, offering flexibility for a wide range of development possibilities. Its proximity to the James River Freeway ensures easy connectivity to major transportation routes, enhancing accessibility for both employees and clients. Priced at $900,000, or $51,724 per acre, this land offers significant potential for growth and return on investment. The expansive acreage provides ample space for various commercial ventures, from retail establishments and restaurants to office buildings and industrial facilities. Don't miss this chance to secure a highly desirable commercial property in a rapidly growing area. The property's location on a major highway and its proximity to the James River Freeway guarantee high traffic volume and excellent exposure. This is an ideal opportunity for businesses seeking a prominent location with exceptional visibility and convenient access. The zoning allows for a variety of commercial uses, making it a versatile option for diverse business needs. Act quickly to capitalize on this exceptional investment opportunity.

    Property Features for 5700 Block Hwy 60

    General Information

    Property type
    Land
    Lot Size
    378,972 SF

    HighLights

    • Easy access to major transportation routes.
    • High visibility from Highway 60.
    • Close proximity to the James River Freeway.
    • Located on Highway 60.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Republic
    County
    Greene
    State
    Missouri
    Longitude
    -93.5205641
    Latitude
    37.1380586

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    FAQs

    What type of property is this?
    Land - 8.7 Acres, Hwy 60, High Visibility
    Where is this land located?
    The property is located at 5700 Block Hwy 60 Republic, MO.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: Easy access to major transportation routes.; High visibility from Highway 60.; Close proximity to the James River Freeway.
    (417) 350-4771
    Request Owner's contact information
    5700 Block Hwy 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
    5700 Block Hwy 60 Republic, MO 65738
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