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    OFF-MARKET Estimated value $1,215,000
    Drive through restaurants

    1355 Us Hwy 60th E, Republic, MO 65738-1369

    27,404 SF 0.63 ac lot Built 1987
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US48-0631358
    Property summary
    AI-generated overview

    This exceptional 2.5-acre commercial land parcel in Republic, Missouri, presents a prime opportunity for retail development. Located at 1355 US Hwy 60, this single-tenant site boasts unparalleled visibility and high traffic volume due to its strategic location on a major thoroughfare. The property sits adjacent to Lowe's Home Improvement and directly across from a Walmart Supercenter, ensuring consistent customer flow. Furthermore, its proximity to the future Andy's Frozen Custard location adds to its already strong appeal. The site features a hard corner, fully signalized intersection, maximizing exposure. This C2-zoned property offers 108,900 square feet of potential development space. The lease structure is NNN, meaning the tenant is responsible for a pro-rata share of real estate taxes, building insurance, and property maintenance. Build-to-suit options are available, allowing for customized development to meet specific tenant needs. Lease terms are negotiable and will be determined through mutual agreement between landlord and tenant. This is an exceptional opportunity to establish a thriving business in a high-growth area. The zip code is 65738.

    Property profile
    Verified
    Property type Drive through restaurants
    Use group DRIVE-THRU RESTAURANT, FAST FOOD
    Year built 1987
    Total area 27,404 SF
    Lot 0.63 ac (27,617 SF)
    APN 88-17-16-300-163
    UPID US48-0631358
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.22M
    Owner & transaction history
    White Shirts LLC · 5 yrs held
    White Shirts LLC
    since 2021
    2 recorded transactions
    2022
    2021
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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