247 Highway H Leasburg, MO 65535
This exceptional 2.5-acre commercial property at 247 Highway H in Leasburg, Missouri, presents a lucrative investment opportunity. Currently operating as a thriving restaurant and tavern, this established business benefits from its strategic location at a busy intersection, offering high visibility and significant foot traffic. The property's prime position is further enhanced by its proximity to Highway 44, a major thoroughfare, and the iconic Route 66, experiencing a resurgence in tourism. This location also places it conveniently near Onondaga State Park and popular river float businesses, ensuring a consistent flow of potential customers. The property's long-standing success as a well-regarded establishment speaks to its inherent value and potential for continued profitability. The asking price of $825,000 represents a compelling opportunity to acquire a significant piece of commercial real estate in a high-demand area with established business history and strong growth potential. The property's size and location make it suitable for a variety of commercial ventures, offering flexibility for future development or continued operation as a successful hospitality business. This is a rare chance to own a piece of Missouri's vibrant commercial landscape.
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.