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Property profile & analytics
OFF-MARKET
Commercial real estate

75 Highway 8 Steelville, MO 65565

1.6 ac lot Built 1973
Property ID
Property summary
AI-generated overview

This expansive 11,200 square-foot commercial building, previously a bowling alley, presents a remarkable opportunity for redevelopment. Situated on a sizable 1.6-acre lot in Steelville, Missouri, its strategic location directly adjacent to the local ballpark ensures high visibility and convenient access. The property boasts an open floor plan, offering exceptional flexibility for a diverse range of commercial uses. Imagine transforming this space into a vibrant recreational facility, a dynamic event center, a bustling retail hub, or a modern office complex. The existing infrastructure includes two bathrooms, providing essential amenities for any business. Ample parking is available, catering to the needs of employees, customers, or event attendees. The building's prime location near the ballpark guarantees significant foot traffic and exposure, making it an ideal investment for entrepreneurs, community developers, or investors seeking a high-impact property in a thriving area. The substantial size and versatile layout of this property offer endless possibilities for creative repurposing and successful business ventures. This is a rare chance to acquire a large-scale commercial space with significant potential in a desirable location.

Property profile
Verified
Property type Commercial real estate
Year built 1973
Lot 1.6 ac (69,696 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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