720 Springfield Rd Sullivan, MO 63080
This exceptional 2-acre commercial land parcel, located at 720 W Springfield Rd in Sullivan, Missouri (zip code 63080), presents a compelling investment opportunity. Situated at a busy four-way stoplight intersection, this property boasts unparalleled visibility and accessibility. The high volume of local traffic ensures consistent exposure for any commercial development. Its strategic location offers convenient access to Interstate 44 via a nearby exit ramp, further enhancing its appeal to businesses and customers alike. The property is zoned C-4 & R-1, allowing for a variety of commercial and residential uses. The land comprises multiple parcels with the following Parcel ID numbers: 35-4-170-2-001-001000; 35-4-170-2-001-026000; 35-4-170-2-001-002000; and 35-4-170-2-001-025000. The James Schatz Memorial Overpass further increases traffic flow and visibility, creating a prime location for a variety of businesses, including pharmacies, retail centers, gas stations/convenience stores, or restaurants. This high-traffic corner lot presents strong development potential and is offered at an asking price of $1,045,000. Don't miss this chance to capitalize on this premier location.
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.