308a MM Highway Lebanon Missouri home for sale listed at $440,000
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ACTIVE
$440,000
MLS# MIS26036216

308a MM Highway

Lebanon, MO 65536· Laclede County
N/A
VacantCommercial
8.45
Acres
$52,071
Per Acre
Land
Type
Laclede
County
$3,300/yr
Est. Taxes
0 Days
On Market
June 12, 2026
Listed

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.

Land & Acreage

Property TypeLand
Acreage8.45 acres
Price / Acre$52,071
Lot DimensionsIRR
Lot Sq Ft368,082 sq ft
CountyLaclede County
Parcel Number60-0133-00-01-34-160
Development{"Raw Land"}
SubdivisionN/A

Land Features & Use

Current Use
Vacant
Possible Use
Commercial
Terrain & Lot Features
ClearedLevelOpen Lot
Fencing
Barbed WirePartial
Road FrontageHighway
Road SurfaceAsphalt

Structures & Outbuildings

On the Property
None

Financial & Terms

List Price$440,000
Original Price$440,000
Price / Acre$52,071
Annual Taxes$3,300 (2025)
Listing TermsCash, Conventional
PossessionClose Of Escrow
Legal Description

LEBANON ACREAGE 1-34-16 8.45 AC PT NESE1/4 (308 HWY MM)

School District

Lebanon R-III
DESE 2025
Accredited
Missouri DESE · Lebanon, MO · Grades PK-12 · 4,144 students
Website
97.6%
4-yr Grad Rate
6.2 vs state
19.6
ACT Score
At state avg
84.4%
Attendance
5.9 vs state
Academic Performance
ELA Proficiency (HS)
41.0%-12.1 vs state
Algebra I Proficiency
36.2%-9.2 vs state
Biology Proficiency
27.6%-9.8 vs state
Dropout Rate
0.8%-0.6 vs state
After Graduation
4-Year College
23.8%-9.9 vs state
2-Year College
28.2%
Employment
36.0%
Military Service
2.9%
District Resources
Student / Teacher Ratio
18.0:1+2.0 vs state
Spending per Pupil
$12,681-2533.2 vs state
Avg. Teacher Experience
13.1 yrs
Military-Connected Students
1.5%
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Listing information is deemed reliable but not guaranteed and should be independently verified. IDX information provided by MARIS MLS. Listing courtesy of Century 21 Laclede Realty. Listed by Max Meckem.

MLS# MIS26036216 · Key: MIS207155278 · Last updated: Jun 12, 2026

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