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Property profile & analytics
OFF-MARKET
Retail space

173 Springfield Rd Sullivan, MO 63080-1311

2,370 SF 0.6 ac lot Built 1900
Trust Owned 13-yr Hold Free & Clear
Property ID
US48-0845483
Property summary
AI-generated overview

This exceptional commercial property, located at 173 E Springfield Road in the heart of Sullivan, MO, presents a unique investment opportunity. Boasting a prominent position on a main thoroughfare with over 120 feet of road frontage, this 0.55-acre lot ensures high visibility and significant traffic counts. The building itself offers a flexible layout ideal for a variety of uses. The front features large picture windows, perfect for showcasing goods or services, and ample space for prominent signage, both on a nearby signpost and along the building's facade. The interior comprises approximately 900 square feet of warehouse space in the rear, easily accessible via a 10-foot overhead door at the front and a 7-foot overhead door at the back, facilitating efficient loading and unloading. The front section is suitable for office or retail use. This versatile space lends itself to numerous possibilities, including office, retail, restaurant, or warehouse operations. The property is zoned C-2, and prospective businesses will require approval from Sullivan planning and zoning. Priced competitively at $105,000, this property offers significant potential for growth and return on investment. Don't miss this chance to secure a prime commercial location in a thriving community.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Total area 2,370 SF
Lot 0.6 ac (26,136 SF)
APN 35-2-09.0-2-003-055.000
UPID US48-0845483
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
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Blend (final) Blend
by Request
Owner & transaction history
Happel Audrey L Living Trust · 13 yrs held
Happel Audrey L Living Trust
since 2013
4 recorded transactions
2025
Price N/A
2023
Price N/A
2013
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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