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Property profile & analytics
OFF-MARKET
Land

429-431 Springfield Rd Sullivan, MO 63080

1.51 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.51-acre commercial land parcel, located at 429-431 W. Springfield Rd in Sullivan, Missouri (zip code 63080), presents a unique investment opportunity. Priced at $420,000, this property boasts a highly desirable location at the intersection of US Route 66 and Springfield Road, offering excellent visibility and accessibility. The site consists of two parcels, providing multiple access points for enhanced convenience. Public water and sewer services are readily available, simplifying development plans. Its strategic position offers close proximity to two I-44 exits, ensuring convenient transportation links. Furthermore, the property is situated directly across the street from Sunny Jim Bottomley City Park, providing a pleasant and attractive surrounding environment. The thriving community of Sullivan, Missouri, with a population of 6,852, provides a strong local market. This versatile land is ideal for a variety of commercial ventures, making it an attractive investment prospect for developers and entrepreneurs seeking a prime location in a growing community. The property's size and location make it suitable for a range of commercial uses, offering significant potential for future growth and return on investment.

Property profile
Verified
Property type Land
Lot 1.51 ac (65,776 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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