12661 Old Highway 66 Rolla, MO 65401
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.