673 Sappington Bridge RdSullivan, MO 63080

  • Retail properties
  • 1,500 SF
For Sale
$900,000 View listing

Property Details for 673 Sappington Bridge Rd

Year built
2013
Lot size
1.30 AC
Property size (Sq ft)
1,500 SF
Property type
Retail properties
APN
01-4.0-17-4-03-011.000
APU
14017403011000

Description

This exceptional 3.1-acre commercial property, located at 673 Sappington Bridge Road in Sullivan, Missouri, presents a compelling investment or development opportunity. The property boasts a highly desirable C-4 zoning classification, offering significant flexibility for a range of commercial ventures. Its strategic location directly adjacent to the Missouri Baptist Hospital - Sullivan, a BJC facility, ensures high visibility and accessibility to a substantial population base. This prime location guarantees significant foot traffic and potential for strong returns. The expansive 3.1 acres provide ample space for a variety of development projects, from medical offices and retail spaces to other commercial uses compatible with the C-4 zoning. The property's easy access to major transportation routes further enhances its appeal, making it an attractive proposition for businesses seeking convenient access for employees and customers. Given its size, zoning, and proximity to a major healthcare facility, this property represents a rare and valuable opportunity for investors and developers seeking a high-impact commercial investment in a thriving community. The asking price of $900,000 reflects the significant potential of this exceptional location. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $524,046
    6.5%
    $483,735
    7%
    $449,182
  • Comparable approach

    Method
    Valuation
    Relative Method
    $294,689
    Geo Method
    $294,689
  • Alternative Use

    Use
    Valuation
    Residential
    $408,048
    Hospitality
    $373,770
    Educational
    $310,972
    Medical
    $321,667
    Retail
    $483,735

Location Insight

City
Sullivan
County
Crawford
State
Missouri
Latitude
38.1969
Longitude
-91.1696
CBSA code
41180
CBSA name
ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
-
-
$20,190
-
-
-
$63,100

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