I-44 At Mt Vernon Blvd, Mount Vernon, MO 65712
This 1.2-acre commercial land parcel boasts an exceptional location at the I-44 westbound on-ramp in Mount Vernon, Missouri (zip code 65712), offering unparalleled visibility to high-traffic volumes. Situated on Mt Vernon Blvd, the property enjoys proximity to established businesses including KFC, McDonald's, and Kum & Go. The property is outside city limits, benefiting from the absence of zoning ordinances or restrictions imposed by Lawrence County. City water and sewer services are accessible upon annexation by the city of Mount Vernon. Currently generating a monthly income of $637 from existing long-term billboard and cell tower leases (lease details available upon contract). The APN is 099031004001001000. This presents a unique opportunity for developers and investors seeking high-traffic exposure and flexible development potential. The asking price is $440,000.
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.