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    700 S Walnut St Steele, MO 63877

    For Sale
    $279,000

    Commercial Sale, Other - Steele, MO

    Lot size:
    2.30 Acres
    Days on Market:
    88
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 700 S Walnut St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1
    Bedrooms
    1
    Bathrooms
    2
    Lot size
    2.30 Acres

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1930
    Building materials
    Other
    Architectural style
    Other

    American Elite Realty (573) 888-5373

    Listing agent Tina Privett (573) 888-5373

    Listing date Sep 9, 2025

    MLS# 16339 Listing URL

    Copyright © 2025 Southeast Missouri Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Steele, MO Commercial Property

    This commercial property is located on State Highway 61 in Steele, MO, approximately 20 miles from Blytheville, AR, 30 miles from Osceola, AR, and 40 miles from Dyersburg, TN. The property, situated on a fenced 2.30 acre lot, includes a 3780 square foot store front and office area, along with an attached 1334 square foot warehouse and approximately 2600 square feet of covered storage. In total, there are 7 buildings on the property, including the office, warehouse, and covered storage building. Previously used as a lumber company, the property is suitable for various businesses, including a trucking company, welders, steel mill contractors, construction company, or retail business. It also presents an opportunity as an investment property with the potential for multiple leases.
    Location Intelligence

    Current Use by Public Records

    Woods Lumber Co ... Plumbing Supply Store

    Suggested Use

    Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Pharmacy Wholesale Shop Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Still Gin & Grain, Extreme Rentals Mini Storage

    Location Insight

    • Map
    • Local Demand
    City
    Steele
    County
    Pemiscot
    State
    Missouri
    Longitude
    -89.822545
    Latitude
    36.088219

    Nearby Similar for Sale

    • $298,000
      3,890 SF

      Remodeled Commercial Building in Steele

      Versatile commercial building suitable for various business ventures.
      101 N Walnut St, Steele, MO 63877
      View Details

    FAQs

    What type of property is this?
    Warehouse - Commercial property with store front, warehouse, and multiple storage buildings.
    Where is this warehouse located?
    The property is located at 700 S Walnut St Steele, MO.
    What is the asking price?
    The asking price for this property is $279,000.
    What are key features of this property?
    This property features: - 2.30 Acres +/- Commercial Property on State Highway 61; - 3780 SQ FT Store front and office with attached 1334 warehouse; - Multiple Storage Buildings and Covered Storage Approximately 2600 SQ FT
    (573) 888-5373
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    700 S Walnut St Steele, MO 63877
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