
Commercial Land for Sale in Rolla, Missouri
509 S Bishop Ave, Rolla, MO 65401
This 0.75 m/l acre parcel is ideally located for commercial redevelopment—positioned next to Applebee’s and directly across from Walmart. The property includes two old houses that are vacant and ready to be razed, offering a clean slate for your next retail, restaurant, or office project. Zoned C-2 and surrounded by national retailers, this site benefits from excellent visibility and steady traffic.
The property is available for sale or lease at $3,500/month. If you’re not ready to buy, this is a great opportunity to lease and build to suit your needs in one of the most active commercial areas in town.
Location
- Street address
- 509 S Bishop Ave
- County
- Phelps County
- Community
- Rolla
- Elevation
- 1,089 feet
Directions
Head south on N Bishop Avenue (Hwy 63). Continue straight through the intersection at Kingshighway. The property is located on the left just before Applebee’s, across from Walmart.
Property details
- Lot size
- 0.75 acres32,670 sq ft
- MLS #
- MARIS 25041087
- Posted
Property taxes
- 2024
- $2,620
Parcels
- 71-09-1.0-11-003-015-006.000
Legal description
FRACTIONAL PART SE1/4 SW1/4
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Mar 6, 2026 | Price drop | $695,000 | $155,000 -18.2% | MARIS |
| June 12, 2025 | New listing | $850,000 | — | MARIS |








