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6801 Highway 24 31 Acres of Industrial Land Offered at $1,240,000 in Palmyra, MO 63461

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INVESTMENT HIGHLIGHTS

  • Ample space for yard storage, parking, and future expansion
  • Ideal for light industrial, logistics, or commercial development
  • Surrounded by established transportation and industrial businesses

EXECUTIVE SUMMARY

Positioned along Highway 24 in Palmyra, Missouri, this 31-acre parcel offers a prime development opportunity for industrial and commercial users seeking visibility, accessibility, and growth potential. The site’s expansive frontage along a well-traveled east–west corridor ensures exceptional exposure to regional traffic, making it an ideal location for businesses that rely on transportation efficiency and operational flexibility.

PROPERTY FACTS

Price $1,240,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
Total Lot Size 31.00 AC
Zoning I - Industrial

1 LOT AVAILABLE

Lot

Price $1,240,000
Price Per AC $40,000.00
Lot Size 31.00 AC

Surrounded by established industrial and transportation-oriented enterprises, the property creates a natural synergy for complementary uses such as light manufacturing, equipment sales, trucking operations, or warehousing. Its proximity to Hannibal a

DESCRIPTION

Surrounded by established industrial and transportation-oriented enterprises, the property creates a natural synergy for complementary uses such as light manufacturing, equipment sales, trucking operations, or warehousing. Its proximity to Hannibal and Interstate 72 enhances connectivity to major markets, while Palmyra’s business-friendly environment and lower operating costs compared to metro areas provide a competitive advantage for investors and developers. The lot’s size and configuration allow for ample yard storage, parking, and future expansion, supporting long-term scalability. With strong potential for a truck stop or travel center, this site is well-suited for users looking to capitalize on regional logistics demand. Offering at $1,240,000, this property represents a rare opportunity to secure a strategic location in Northeast Missouri’s growing industrial corridor.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
011.09.30.0.00.005.010
Land Assessment
$1,640
Improvements Assessment
$0
Total Assessment
$1,640
  • Listing ID: 39032198

  • Date on Market: 1/9/2026

  • Last Updated:

  • Address: 6801 Highway 24, Palmyra, MO 63461

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