5870 Old Rte Leasburg, MO 65535
This exceptional 53-acre Missouri property presents a unique investment opportunity. Located on historic Route 66 near Leasburg, this mixed-use offering includes four buildings totaling 9,000-11,000 square feet. The main building features a 100-person dining room with a fireplace and bar, complemented by two commercial kitchens, including a wood-fired pizza oven. A 4,200 square foot metal building houses two rental suites (a 2-bedroom/1-bathroom and a 1-bedroom/1-bathroom), ideal for managers or family. A charming 3-bedroom, 2-bathroom owner's home with a 1-bedroom/1-bathroom in-law suite boasts recent updates. Outdoor amenities include a covered patio with a sound system and stage, capable of seating 300 guests, perfect for live music events. Two ponds and a creek enhance the picturesque landscape. The property also includes a billboard visible from Interstate 44, offering excellent advertising potential. All restaurant equipment and furniture are included in the sale. The property's zoning is Res-Nec - No Zoning Current Use Allowed, offering flexibility for various development options, such as an RV park, expanded event venue, short-term rentals, or a small hotel. This versatile property is priced at $999,000 and is being sold by owner. The APN is 06-1.2-11-0-00-016.000.
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
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.