Listed by Lorimont Commercial Real Estate
$1,240,000
6801 Highway 24
Details
Property Type Land
Sub Type Commercial
Acreage 31.000
Land | 31 acres
Marketing description
This 31-acre lot near Palmyra and Hannibal Missouri presents a compelling land opportunity positioned for light industrial and commercial development. Located along a key regional corridor with strong highway exposure, the site is surrounded by established industrial and transportation-oriented businesses, making it a natural fit for users seeking visibility, access, and room to grow.
The property is well suited for a range of uses including light manufacturing, equipment sales, trucking operations, distribution, or service-oriented industrial users. Given its highway frontage and proximity to existing trucking and trailer-related businesses, the site also offers strong potential for a truck stop or travel-oriented commercial development
The property is located at 6801 Highway 24 in Palmyra, MO, a strategically positioned community in Marion County serving Northeast Missouri. Highway 24 is a well-traveled east–west corridor connecting the region to Hannibal, Interstate 72, and other key transportation routes.
The immediate area is characterized by industrial, agricultural, and transportation-related users, including trailer businesses, tractor and implement dealers, and trucking operations creating a strong synergy for similar or complementary uses. Palmyra offers a business-friendly environment, lower operating costs compared to metro markets, and convenient access to regional labor and transportation networks.
This location provides an ideal balance of highway exposure, operational efficiency, and long-term growth potential for industrial and commercial users.
Investment highlights
- Excellent frontage along Highway 24
- Ideal for light industrial or commercial development
- Strong visibility and easy access for trucks and heavy equipment
- Located near established industrial and transportation-related businesses
- Room for yard storage, parking, and future expansion
- Suitable for: Trucking and logistics companies
- Equipment, tractor, or implement dealers
- Trailer sales or service operations
- Light manufacturing or fabrication
- Warehousing and distribution
- Potential truck stop or travel center
Listing Contacts
Listed by Lorimont Commercial Real Estate
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Is there information that looks off?
