For Sale
$485,000

464/502 Springfield Rd Sullivan, MO 63080

Prime 5.8-acre commercial lot near Walmart.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 5.8-acre commercial land parcel presents a remarkable investment opportunity in Sullivan, Missouri. Located at 464/502 E. Springfield Rd, this property boasts 200 feet of road frontage, offering excellent visibility and accessibility. Its strategic location is directly across the street from a Walmart, ensuring high traffic volume and significant exposure for any commercial development. Adding to its appeal, the property includes two income-generating rental units: a house generating $600 per month and a mobile home producing $350 monthly, providing immediate cash flow. The land itself features a very gentle topography, simplifying development and minimizing site preparation costs. The property is zoned for commercial use (verification required by buyer) and presents a unique chance to capitalize on the thriving retail environment in Sullivan, Missouri. With its ideal location, existing rental income, and manageable terrain, this property is poised for immediate returns and long-term growth. The asking price is $485,000. The property is situated in Franklin County, Missouri, with a zip code of 63080.

Highlights

  • 200 feet of road frontage.
  • Across the street from a Walmart.
  • Generating $600 and $350 in monthly rental income from a house and mobile home, respectively.
  • Features gentle topography.

Property Details for 464/502 Springfield Rd

Property type
Land
Lot Size (sq. ft)
252,648 SF

Location Insight

City
Sullivan
County
Franklin
State
Missouri
Latitude
38.220149
Longitude
-91.150794

FAQs

What type of property is this?
Land - Prime 5.8-acre commercial lot near Walmart.
Where is the land located?
The property is located at 464/502 Springfield Rd Sullivan, MO.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: 200 feet of road frontage.; Across the street from a Walmart.; Generating $600 and $350 in monthly rental income from a house and mobile home, respectively.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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464/502 Springfield Rd
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