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Recreational Land for Sale in Lebanon, Missouri

11901 State Highway 32, Lebanon, MO 65536

$1,500,000
40 acres
Active sale
ago
Est $7,934/mo

An exceptional investment opportunity awaits just minutes from Bennett Spring State Park and a short drive to Lebanon, Missouri. With approximately 40 acres and an impressive mix of commercial buildings, residential rentals, storage, and recreational potential, this one-of-a-kind property offers endless possibilities for investors, business owners, developers, or those looking to create multiple streams of income.At the heart of the property is a 3,039-square-foot former convenience store and gas station, built in 2001. Featuring a 1,250-square-foot fuel canopy base, the building presents an outstanding opportunity to reopen as a convenience store, establish a retail business, convert to office or warehouse space, or reimagine it for a variety of commercial uses.Adding immediate income potential are the 4,000-square-foot storage units, constructed in 2004, offering an established opportunity for rental income with continued demand for self-storage.The property's 40 scenic acres provide room to expand, develop, or simply enjoy the natural beauty of the setting. A peaceful pond creates an inviting backdrop for the five cabins (built in approximately 2004 and approximately 432 square feet each), making them ideal for long term rentals, nightly rentals, vacation lodging, hunting retreats, or extended-stay guests. Six RV hookups further enhance the property's hospitality and campground potential.Also included are three mobile homes, providing additional opportunities for long-term rental income or on-site living for owners or employees. A shell of a home offers the chance to renovate and customize into another residence or rental, while the 1,170-square-foot detached shop/garage, built in 1986, provides ample space for equipment, maintenance, storage, or workshop needs.Whether your vision is to revive this property or something completely different, the possibilities are endless. Schedule a showing today! Property being sold as-is.

Sq feet
1
Full bath
2001
Built

Location

Street address
11901 State Highway 32
Zip code
65536
Elevation
1,259 feet
Coordinates
37.6171, -92.8357

Directions

At the intersection of 65 and 32 in Buffalo (traveling North on 65 Highway), turn right onto W Dallas Street, travel 17 miles and property is on the left. (GPS does work)

Property details

Acreage
40 acres
MLS #
GSBOR 60328819
Posted

Property taxes

2025
$3,244

Parcels

  • 14-9.0-31-000-000-007.000

Details and features

Listing

Type
Residential

Lot

Features
Pond(s)

Exterior

Parking
Garage-Detached
Fencing
Barbed Wire

Structure

Heating
Electric, Propane
Cooling
Central Air
Roof
Metal

Property utilities

CategoryTypeStatus
PowerGridAvailable
GasPropaneConnected

Listing history

DateEventPriceChangeSource
July 14, 2026New listing$1,500,000GSBOR
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This 40-acre property is located at 11901 State Highway 32 in Lebanon, MO 65536. The property is available for sale, priced at $1,500,000. It has a structure built in 2001.

Listed by Rogers & Associates Realty, (417) 383-5009

Checked 1 hour agoUpdated

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