Property profile

121 Us Highway 60 W Republic, MO 65738

FOR SALE
Auto shops
Property ID
US48-0503684
4,920 SF 0.51 ac lot Built 1970
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 3,650 square foot retail property is ideally situated on a 0.51-acre corner lot at the intersection of US Highway 60 and Main Street, a highly visible four-way traffic signal. The property's C-1 Commercial zoning allows for a wide range of retail uses, capitalizing on the significant foot and vehicle traffic generated by this strategic location. The building offers ample space for a variety of retail businesses seeking high visibility and accessibility. Located in the rapidly expanding community of Republic, Missouri, this property presents a unique investment opportunity for entrepreneurs and businesses looking to establish a strong presence in a thriving market. The high traffic count and prominent corner location ensure maximum exposure to potential customers. This is a truly exceptional opportunity to own a retail space in a prime location within a growing community. Showings are by appointment only. The asking price for this exceptional property is $489,000.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1970
Total area 4,920 SF
Lot 0.51 ac (22,216 SF)
Zoning code INC
APN 88-17-19-420-001
UPID US48-0503684

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

121 Us Highway 60 W Republic, MO 65738
Republic metro Census 4803 SPRINGFIELD, MO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

Zoning & alternative use

INC · Republic, MO

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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