464/502 Springfield RdSullivan, MO 63080

Property Details for 464/502 Springfield Rd

Lot size

5.80 AC

Property type

Land

Description

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.

Location Insight

City

Sullivan

County

Franklin

State

Missouri

Latitude

38.2201

Longitude

-91.1508

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