3023 York Ave Republic, MO 65619
Exceptional 10-acre commercial and industrial development opportunity in rapidly growing Republic, Missouri. This AG-zoned property boasts prime location near Amazon's new 1.3 million square foot distribution center and the burgeoning Iron Grain District, a mixed-use development featuring a 23,000 square foot shopping center and upcoming multifamily units. Enjoy easy access to James River Freeway and I-44, providing seamless connectivity to major transportation arteries. The area is experiencing significant investment, with over $1.5 billion in ongoing projects through 2025, including substantial infrastructure improvements such as a five-lane highway expansion and upgrades to water and wastewater systems. While a 1,388 square foot house is present, the property is being marketed as vacant land, presenting a blank canvas for your vision. This strategic location, coupled with the area's robust economic growth and substantial infrastructure investments, makes this a compelling investment opportunity. The property is situated across from the Iron Grain District, anchored by a 23,000 square foot shopping center, with a second phase of multifamily housing planned. Nearby, the Convoy of Hope World Headquarters, a $37 million investment employing 650 people, was completed in October 2023. The city's commitment to infrastructure improvements includes a $12.5 million investment in a five-lane highway from I-44 to the James River Freeway and a $35 million realignment of the MM highway, creating a new signalized intersection expected to handle nearly 60,000 vehicles daily. A further $100 million is dedicated to expanding water and wastewater capacity to support future development. Asking price: $1,200,000.
Cap rate
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AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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