Steel Auto Shop with Fenced
101 W Main Street Drexel, MO 64742
101 W Main Street, Drexel, MO, 64742
$240,000
For Sale
$240,000
COMMERCIAL - Drexel, MO
Property Size2,000 SF
Lot Size0.16 Acres
Price / SF$120
Days on Market148
Property Features for 101 W Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Comm
- Parking features
- Garage, Parking Lot, On Street
- Exterior features
- Delivery Door(s), Display Window
- Standard status
- Active
- APN
- 0476800
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Description
- ORIG STUART CITY 1' E SIDE LOT
- Tax Annual Amount
- 2250
Utilities
- Utilities
- Water Available
Building Details
- Year built
- 2021
- Floors in Building
- 1
Listing agency
ReeceNichols - Lees Summit
(816) 524-7272
Listed by
Kara Anderson · License #2013012732
(816) 797-5513
Added: Feb 24 Updated: Jul 12 at 10:32AM Checked: Jul 22 at 4:06PM
MLS# 2604009
Copyright © 2026 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property is a steel shop previously used for a garage and auto sales. The building measures 40 by 50 and was built in 2021 on a concrete foundation. It has two garage doors and is currently stubbed for a bath, with heated floors zoned for future development. An attached fenced lot provides secure outdoor space for vehicles and equipment.
The site is located at 101 W Main Street in Drexel, Missouri. Zoning is listed as Comm. The seller notes the information is deemed reliable, but buyers should verify details during due diligence.
For an owner-operator or buyer seeking an automotive-focused facility, the existing steel shop, garage doors, and fenced lot align well with service and light commercial uses, including sales lot or parking. The fenced area also allows for straightforward outdoor staging and storage. With the bath stub and heated floor zoning already in place, the building may support a more complete on-site operation as plans develop. Buyers should confirm permitted uses and any build-out requirements with the local jurisdiction.
The site is located at 101 W Main Street in Drexel, Missouri. Zoning is listed as Comm. The seller notes the information is deemed reliable, but buyers should verify details during due diligence.
For an owner-operator or buyer seeking an automotive-focused facility, the existing steel shop, garage doors, and fenced lot align well with service and light commercial uses, including sales lot or parking. The fenced area also allows for straightforward outdoor staging and storage. With the bath stub and heated floor zoning already in place, the building may support a more complete on-site operation as plans develop. Buyers should confirm permitted uses and any build-out requirements with the local jurisdiction.
Key Highlights
- 40 x 50 steel shop built in 2021 on concrete
- Shop is stubbed for a bath and has heated floors zoning (heated floor system not specified)
- Two garage doors plus delivery door(s) and a display window
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $11.8k | $5.88 |
| − Vacancy | −$647 | −$0.32 |
| EGI | $11.1k | $5.56 |
| − OpEx | −$3.3k | −$1.67 |
| NOI | $7.8k | $3.89 |
2,000 SF · lease $5.88/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$441.9K
$386.7K – $515.6K
NOI $30,934 @ 7.0% cap · market cap 12.89%
Second Best
Industrial
$111.1K
$97.2K – $129.7K
NOI $7,779 @ 7.0% cap · market cap 3.24%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Wood Corral
General Contractor
Similar For Sale Nearby
Similar Off Market Nearby
- Tri County Lube — 204 Ethel St, Drexel, MO 64742
- BSD Mobile Windshield Repair of Drexel — 304 E Frazier St, Drexel, MO 64742
- Mid-West Fertilizer — 123 W Main St, Drexel, MO 64742
FAQs
What type of property is this?
Auto shop - Steel shop and fenced lot setup supports automotive service, sales, or on-site storage needs.
Where is this auto shop located?
The property is located at 101 W Main Street Drexel, MO.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: 40 x 50 steel shop built in 2021 on concrete; Shop is stubbed for a bath and has heated floors zoning (heated floor system not specified); Two garage doors plus delivery door(s) and a display window
