$55,000

52268-D Business Highway 5 N A Milan, MO 63556

Estimated payment $429/month

Total Views 3,484
1.67 Acres
$32,934 Price per Acre
72,745 Sq Ft Lot

About This Lot

1.675 Acres of Vacant Land at High-Traffic Intersection – Endless Development Potential!
Seize this rare opportunity to own a versatile commercial property located at the highly visible intersection of State Highway 5 and Business Highway 5. This spacious lot provides ample room for expansion or redevelopment, making it ideal for storage units, office space, retail, or mixed-use development. With a new recreational lake slated for construction in the area within the next few years, this location is poised for growth, offering significant investment potential.
Key Highlights:
• Strategic Corner Location: High visibility and traffic count ensure maximum exposure.
• Flexible Zoning: Suitable for both commercial and residential development.
• Future Growth Area: The upcoming lake will drive tourism, recreation, and increased demand for services and amenities.
• Limitless Possibilities: Perfect for retail, office building, storage units, or multi-use projects. City utilities on-site.
Whether you're seeking to launch a business, develop income-generating properties, or secure a prime location for future appreciation, this property offers unmatched potential in a growing market. Don't miss out on this exceptional investment opportunity!

Listing Agent

Greg Freeman

Century 21 Team Elite Brokerage Phone: 660-358-4003 License #2004033497 Listed on: 03/24/2025

Century 21 Team Elite

Co-Listing Agent

Melissa Purkapile

Century 21 Team Elite Brokerage Phone: 660-358-4003 License #2006008970

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,560

Lot Details

  • 1.67 Acre Lot
  • Property fronts a state road
  • Possible uses of the property include Commercial

Home Design

  • Asphalt

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 10-00-00369.0101
  • $0 special tax assessment

Property Details

Property Type

Land

Est. Annual Taxes

$1,560

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Current Use: Commercial
  • Co List Office Mls Id: HMSSMAS02
  • Co List Office Name: Century 21 Team Elite
  • Co List Office Phone: 660-359-2224
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Greg Freeman
  • List Office Mls Id: HMSSMAS02
  • List Office Name: Century 21 Team Elite
  • List Office Phone: 660-359-2224
  • Mls Status: Active
  • Tax Special Amount: 0
  • Tax Total Amount: 0
  • Value Range Pricing YN: 0
  • Maintenance Provided YN: 0
  • Attribution Contact: 660-358-4003
  • Special Features: None

Exterior Features

  • Road Frontage Type: State Road
  • Road Surface Type: Asphalt

Utilities

  • Sewer: Public Sewer, With-In 500'
  • Utilities: Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: None

Association/Amenities

  • Association: No

Fee Information

  • Deposit: TBD

Schools

  • Junior High Dist: Milan C-II

Lot Info

  • Zoning: UNK
  • Lot Features: Acreage
  • Lot Size Area: 1.67
  • Lot Size Sq Ft: 72745.2
  • Parcel Number: 10-00-00369.0101
  • Possible Use: Commercial
  • Subdivision Name: None
  • ResoLotSizeUnits: Acres
  • In Flood Plain: Unknown

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,560 $21,140 $0 $0
2023 $1,446 $21,140 $0 $0
2022 $1,429 $21,140 $0 $0
2021 $1,415 $21,140 $0 $0
2020 $1,414 $21,140 $0 $0
2019 $2,313 $21,140 $0 $0
2018 $2,313 $36,781 $0 $0
2017 $2,299 $36,781 $0 $0
2016 $2,285 $36,781 $0 $0
2015 -- $36,781 $0 $0
2014 -- $36,780 $0 $0
2013 -- $36,764 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2025 03/24/25 For Sale $55,000 -- --
Source: Heartland MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Source: Public Records

Source: Heartland MLS

MLS Number: 2538199

Heartland MLS

APN: 10-00-00369.0101