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Property profile & analytics
FOR SALE
Retail space

12661 Old Highway 66 Rolla, MO 65401

1,000 SF 1.3 ac lot Built 1950
Individually Owned Absentee Owner Free & Clear
Property ID
US48-1807507
No photos on file
For Sale
$254,500 1,000 SF
12661 Old Highway 66, Rolla, MO 65401
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Property summary
AI-generated overview

This exceptional 1.29-acre commercial property in Rolla, Missouri, presents a unique investment opportunity. Situated on Historic Route 66, between exits 189 and 195, the property boasts an impressive 548 linear feet of highway frontage. The main building, formerly home to Route 66 Motors, offers versatile space previously used as a retail store, memorabilia shop, and classic car showroom. The property's history as a successful, long-standing business adds significant value and brand recognition. Adding to the income potential are two one-bedroom apartments located on the lower level, providing a consistent rental stream. Further enhancing the property's appeal are sturdy billboard poles, ideal for advertising or as a distinctive landmark. The high volume of traffic on Historic Route 66 ensures significant visibility and potential for a variety of commercial uses. This property offers a blend of history, prime location, and multiple income streams, making it an attractive investment for discerning buyers. The asking price is $254,500.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1950
Total area 1,000 SF
Lot 1.3 ac (56,628 SF)
APN 71-03-8.0-28-000-000-010.000
UPID US48-1807507
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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
WAYNE E BALES
WAYNE E BALES
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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