9 Photos

$440,000

308 MM Highway

N/A, Lebanon, Missouri, 65536

MLS® 26036222 · Listed by Century 21 Laclede Realty

0 bedroomsCommercial Sale0 days on marketLot 368082.00$3,300 taxes (2025)

About this property

Rare opportunities like this don't come along often! This 8.45-acre parcel is zoned C-1 Commercial and offers endless potential for a variety of business and development opportunities. The property is mostly open, level, and ready for its next owner to bring their vision to life. Whether you're looking to expand an existing business, develop a new commercial venture, or invest in a prime piece of real estate, this property provides the flexibility and visibility you've been searching for. Properties of this size, zoning, and location are increasingly difficult to find, making this a true once-in-a-lifetime opportunity. Held by the same ownership for decades, this is the first chance in many years to acquire this exceptional commercial tract.

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Comparable recent sales

Sold records the MLS® data provider selected as comparable to this home — nearby recent sales at a similar price, bed count, and property type. Locations are shown at the neighborhood level only.

SoldMay 4, 2026

$420,000

Listed at $495,000

N/A, Bourbon, Missouri

0 bd · 8899.00 sqft · Commercial Sale

SoldApr 1, 2026

$399,000

Listed at $399,900

Maple Downs, De Soto, Missouri

0 bd · 0 ba · 3739.00 sqft · Commercial Sale

SoldMar 22, 2026

$440,000

Listed at $459,900

G B Homesites, Barnhart, Missouri

0 bd · Commercial Sale

SoldMay 22, 2026

$480,000

Listed at $549,900

Forder Blk 2 Lts 3 Thru 5 & Lt Pts 1 &, St Louis, Missouri

0 bd · Commercial Sale

SoldApr 6, 2026

$400,000

Listed at $450,000

Cape Girardeau, Cape Girardeau, Missouri

0 bd · 4548.00 sqft · Commercial Sale

Similar properties

MLS® data for this listing last updated Jun 12, 2026.

Market snapshot

The N/A, Lebanon market

Closed sales in N/A, Lebanon over the last 12 months.

$256,500

Median sold price

69

Avg. days on market

45

Homes sold

Median sold price by month

Median sold price trend from Oct 2025 ($201,500) to Sep 2026 ($270,000)Oct 2025Sep 2026