75 Highway 8 Steelville, MO 65565
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.
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.