Old Highway 66 Bourbon, MO 65441
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.