429-431 Springfield Rd Sullivan, MO 63080
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.
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
Similar Nearby for Lease
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.