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151 Cherokee Rd
Lebanon, MO 65536
Lebanon Retail Pad Site · Land For Sale · 3.43 AC

Investment Highlights

  • Price $4.25/sqft
  • Prime visibility along I-44
  • Pad ready with Utilities on premises.
  • Tract 2: 3.43acres
  • Zoned Commercial

Executive Summary

Positioned within one of Lebanon’s most active commercial corridors, the retail pad site at 151 Cherokee Street offers a rare opportunity to acquire a strategically located, developmentready tract with exceptional highway exposure. The 3.43acre site sits prominently along Interstate 44, providing outstanding visibility to consistent regional traffic and capturing demand from both local residents and travelers moving through the southwest Missouri corridor. Its commercial zoning and padready condition significantly shorten development timelines, allowing an owner to transition quickly from acquisition to project execution.
The surrounding area is defined by a blend of national retailers, servicebased businesses, and essential amenities that drive sustained consumer activity. Lebanon’s strong household counts and rising average incomes across the three, five, and tenmile radii underscore the site’s viability for retail, QSR, convenience, automotive, and other highperforming commercial uses. With utilities already on site, the tract delivers crucial development efficiencies, minimizing upfront infrastructure costs and supporting a wide range of buildouts.
Lebanon benefits from its position along I44, a major eastwest interstate linking Springfield and Rolla while providing broader connectivity to St. Louis and Oklahoma markets. Traffic volumes in the immediate trade area strengthen the site’s longterm value and enhance its suitability for brands seeking both visibility and ease of access. Additionally, the city’s growing population, stable demographics, and balanced mix of residential and commercial uses create a solid foundation for future tenant attraction and investment growth.
For an investor or owneruser seeking a versatile, highpotential development site with strong roadway presence and robust market fundamentals, this property represents a compelling acquisition in an established and expanding region of Missouri.

Property Facts

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Multifamily
  • Auto Dealership
  • Auto Repair
  • Carwash
  • Distribution
  • Fast Food
  • Research and Development
  • Restaurant
  • Retail Warehouse
  • Self Storage
  • Unknown
  • Warehouse
Total Lot Size 3.43 AC
Opportunity Zone Yes
Zoning Commercial

1 Lot Available

Lot

Price $635,000
Price Per AC $185,131.20
Lot Size 3.43 AC

This 3.43-acre commercial property, zoned for versatile use, boasts exceptional visibility along I-44. The pad-ready site with utilities on premises offers a perfect canvas for retail or other commercial development.

Description

Introducing a prime pad site in Lebanon, MO! This 3.43-acre commercial property, zoned for versatile use, boasts exceptional visibility along I-44. The pad-ready site with utilities on premises offers a perfect canvas for retail or other commercial development, with excellent potential for any business. Priced affordably at $4.25/sqft, this property presents a strategic site to any business venture. With its desirable location and impressive features, including commercial zoning and convenient access, this property has it all.

  • Listing ID: 39107934

  • Date on Market: 1/16/2026

  • Last Updated:

  • Address: 151 Cherokee Rd, Lebanon, MO 65536

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