24624 T Highway

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24624 T Highway

Milan, MO 63556
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Large 64-acre commercial land parcel available in Milan, Missouri.
  • Property features direct access via frontage on T Highway.
  • Flexible land usage allows for industrial or agricultural development.
  • Strategically positioned to serve the greater Sullivan County region.
  • Extensive acreage provides significant scale for expansion projects.

What's Special

Development of this 64-acre commercial land parcel in Milan, Missouri, provides a significant footprint for regional business expansion or industrial operations. Positioned along T Highway, the site offers a scalable environment for companies requiring expansive acreage in a quiet, accessible submarket. The topography and geography of Sullivan County support a range of agricultural or light industrial applications, allowing for flexible site planning tailored to specific operational requirements. Buyers looking for rural land holdings will find this property well-suited for long-term land banking or immediate development projects. Milan serves as a central hub within the surrounding agricultural landscape, benefiting from steady demand for space within the region. Investors and business owners can leverage the size of this tract to establish a long-term presence in a steady Missouri market, where land availability remains a key factor for logistics or commercial growth. Its strategic location on a main artery provides consistent connectivity for heavy machinery and transport vehicles alike.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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