0 Progress Dr Sullivan, MO 63080
This 1.47-acre commercial lot, designated as Lot 1, is available for $95,000. Located on Progress Drive in Sullivan, Missouri (zip code 63080), this property boasts a highly desirable location. Its C-4 Commercial zoning allows for a variety of development opportunities. The lot enjoys excellent visibility and proximity to key community landmarks, including the Sullivan Fairgrounds, the police station, and Missouri Baptist Hospital. Easy access to Highway D further enhances its strategic position. While this lot is being sold individually, it's important to note that it is contiguous with a neighboring 1.82-acre lot (Lot 4, separately listed). The possibility of acquiring and developing both lots together presents an attractive option for larger-scale projects. This property represents a unique investment opportunity in a thriving Missouri community. Lots 2, 3, and 5 have already been sold and developed, highlighting the area's appeal and potential for future growth. The coordinates for this property are 38.1987663 latitude and -91.1755755 longitude. This information is for informational purposes only and should be verified independently.
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.