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Property profile & analytics
OFF-MARKET
Commercial real estate

Old Highway 66 Bourbon, MO 65441

12.19 ac lot
Property ID
Property summary
AI-generated overview

This 12.19-acre commercial property boasts exceptional visibility and high traffic counts due to its prime location on Interstate 44 and Historic Route 66 in Bourbon, Missouri. The site benefits from an average daily traffic volume exceeding 35,000 vehicles on I-44, further enhanced by the significant tourist traffic drawn to the historic highway. Future development projections for I-44 and Crawford County anticipate substantial growth, with estimates reaching 80,000 vehicles per day by 2030, according to the Missouri Department of Transportation (MODOT). This presents a unique opportunity for developers to capitalize on this high-traffic location and the strong potential for future growth. The property's location in the welcoming town of Bourbon ensures a supportive environment for new businesses. The land offers excellent access and is ideal for a variety of commercial ventures. Please note that any existing monopole structure is excluded from this sale. The asking price for this exceptional development opportunity is $450,000.

Property profile
Verified
Property type Commercial real estate
Lot 12.19 ac (530,996 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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