For Lease
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Property summary
This prime 1.09-acre commercial land parcel, located on Kingshighway in Phelps County, presents a remarkable opportunity for businesses seeking high visibility and accessibility. The property boasts approximately 4,000 square feet and is zoned C-2, allowing for a variety of uses including retail, dining, or office space. Its strategic location on Kingshighway places it amidst established restaurants and thriving businesses, ensuring high foot traffic and brand exposure. The property is available for lease at a triple net rate of $9,000 per month. The lease includes the option to lease the existing building or simply the land itself, providing flexibility for potential tenants. This is an exceptional chance to establish a presence in a highly desirable and busy commercial area. The property's size and zoning provide ample space for development and customization to suit specific business needs. Don't miss this opportunity to secure a prominent location in a thriving commercial corridor. The high traffic volume and surrounding businesses create a synergistic environment ideal for growth and success. This property offers a unique blend of established infrastructure and high-growth potential.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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