173 Springfield Rd Sullivan, MO 63080-1311
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.
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
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.