Mo-21, Ironton, MO 63650
This exceptional 3.33-acre commercial land parcel presents a remarkable investment opportunity in Ironton, Missouri's scenic Arcadia Valley. Strategically located at the base of Shepherd Mountain, the property boasts over 300 feet of prime frontage along Missouri State Highway 21, offering unparalleled visibility and accessibility. Its advantageous position overlooks the intersection of Highways 21 and 221, ensuring high traffic volume and exposure. The property is zoned for both Commercial and Manufacturing uses, providing flexibility for a wide range of development projects. Pre-existing development plans for condos are available upon request. This location is particularly attractive due to its inclusion in a Tax Increment Financing (TIF) district, offering potential financial incentives for qualified projects. All city utilities are readily available on-site, simplifying the development process. The sale includes four separate tax IDs: 119030004000500302S0 (0.76 acres), 119030003000601002S0 (1.09 acres), 1190300030006001S000 (0.73 acres), and 119030003000601001S0 (0.75 acres). This is an ideal location for a variety of businesses, including retail shops, restaurants, or residential developments. Seize this chance to build your dream project in a thriving, picturesque setting.
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
Similar Nearby for Sale
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.