$55,000

52268-D Business Highway 5 Milan, MO 63556

Land

Property details

About 52268-D Business Highway 5

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!

Highlights

Home typeUnimproved Land
StatusActive
MLS #2538199

Summary

  • MLS Number: 2538199
  • MLS Name: HMLS
  • Office Name: Century 21 Team Elite
  • Listing Agent: Greg Freeman

IDX Listings courtesy of Heartland Multiple Listing Service Inc. as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

Copyright 2025, Heartland Multiple Listing Service, Inc.

IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Properties displayed may be listed or sold by various participants in the MLS. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/25/2025, 12:54:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$55,000

52268-D Business Highway 5

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Price information

Property sales

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Tax history

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Nearby schools

5

Milan Elementary School

Public District PK-6

1.0 mi

373 S Market St

6

Putnam County Elementary School

Public District PK-5

20.8 mi

801 S 20th St

4

Adair County Elementary School

Public District PK-6

22.8 mi

600 Rombauer Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $39,071. Most Milan, MO residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

45%
<35k
50%
35k-100k
4%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

34%
Single, No Kids
11%
Single, with Kids
31%
Married, No Kids
24%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
7%
12-17 yrs old
20%
18-34 yrs old
40%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Pro WrestlingPro Wrestling
  • Monster TrucksMonster Trucks

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Dollar GeneralDollar General
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • RamRam
  • DodgeDodge
  • ChevroletChevrolet

What do the neighbors listen to?

  • Classic CountryClassic Country
  • CountryCountry
  • New CountryNew Country
All data provided by Home Junction and Claritas

Frequently asked questions

About 52268-D Business Highway 5

This home is located at 52268-D Business Highway 5 in Milan, MO and zip code 63556. Features: 0 bathroom. It has been listed on Rocket Homes since March 25, 2025 and is currently priced at $55,000.

From Rocket Homes Real Estate and based on county public records data.

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