Property profile

401 Hwy 32 Hwy Lebanon, MO 65536

OFF-MARKET
Commercial real estate
19.5 ac lot Built 2006
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional commercial property, situated on a highly visible 19.5-acre lot within Lebanon city limits, presents a unique investment opportunity. Boasting 180 feet of highway frontage on Highway 32, this property enjoys significant traffic exposure. The all-brick building offers a versatile layout, ideal for a variety of commercial uses. The 2,900 square foot building includes 1,369 square feet of office space and a 1,500 square foot garage/shop area featuring three 10x14 overhead doors. The office area is well-appointed with a spacious waiting area, multiple offices, and two bathrooms, one of which includes a shower. A full kitchen equipped with appliances adds to the functionality. The property is in excellent condition, with recent improvements including a newly sealed asphalt parking lot, ample lighting, and a newer HVAC system. The expansive 36,000+ square foot paved area provides ample parking and maneuvering space. Previously used as a retail car lot, this property's prime location and versatile design make it suitable for a wide range of commercial ventures. The property is offered as part of MLS listings #24048250 and #24047542.

Property profile

Verified
Property type Commercial real estate
Year built 2006
Lot 19.5 ac (849,420 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

401 Hwy 32 Hwy Lebanon, MO 65536
Lebanon metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 401 Hwy 32 Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message