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Property profile & analytics
OFF-MARKET
Land

28151 Spanky Ln Waynesville, MO 65583

40 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 40-acre tract in Waynesville, Missouri, presents a unique investment opportunity. Strategically located just off Historic Route 66 and boasting over 2000 feet of frontage on Interstate 44 (Exit 153), this property offers unparalleled visibility to one of the nation's busiest highways. Situated in Pulaski County, near the midpoint between St. Louis and Springfield, this land benefits from its proximity to Waynesville and St. Robert, the county's largest municipalities, and Fort Leonard Wood, a major military training base. The mostly level acreage features two points of access—a private road and a dead-end street—with utilities readily available. Two ponds enhance the property's appeal. Its versatility allows for diverse development options, including single or multi-family residential projects, large sales lots, an RV park, storage units, or a commercial building. The property's western portion slopes gently eastward, offering a flat, open area near the private road for convenient access. Priced aggressively at $450,000, this is an exceptional value for a serious buyer seeking high-traffic exposure and development flexibility.

Property profile
Verified
Property type Land
Lot 40 ac (1,742,400 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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