00 Granada Dr, Warrenton, MO 63383

Building Details

Year Built 1976 More

Buildings 1 More

Listing Agency: Century 21 Laclede Realty

Listed By: DRG - Delhougne Realty Group Show Phone

Source: Drgstl

Added: Nov 10 Last Checked: Nov 10 at 2:17PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Laclede Realty

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This 1,456-square-foot duplex contains two residential units in one building. Built in 1976, the property includes a unit renovated in 2023/2024; both units are tenant occupied.

The duplex is located south of downtown Warrenton, Missouri.

Key Highlights

• Two residential units in one building
• 1,456 square feet
• Renovation of one unit in 2023/2024

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$15,649

Cap Rate

6.52%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$312,980 $313.0K

Cap Rate 7%

$223,557 $223.6K

Cap Rate 9%

$173,878 $173.9K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,456 SF

Gross rent

$23.6K $16.20/SF

− Vacancy

−$1.2K −$0.85/SF

EGI

$22.4K $15.35/SF

− OpEx

−$6.7K −$4.61/SF

NOI

$15.6K $10.75/SF

Area

Warren County, MO

Vacancy

5.22%

Lease Rate

$16.20 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$312,980

Cap Rate 7%

$223,557

Cap Rate 9%

$173,878

Alternative Uses

Best Use

Multifamily LT 5

$223.6K

$195.6K – $260.8K (±1% cap)

NOI $15,649 @ 7.0% cap · market cap 6.52%

Second Best

Apartment 5plus

$194.6K

$170.3K – $227.0K (±1% cap)

NOI $13,622 @ 7.0% cap · market cap 5.68%

Theoretical Best

Office A

$360.1K

$315.1K – $420.1K (±1% cap)

NOI $25,205 @ 7.0% cap · market cap 10.50%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2

Residential units

Location Intelligence

Trade Area within ½ mile

354

Businesses Nearby

Explore this area Business Placement

Demographics for 63383, MO

15,340

Population

6,523

Households

2.4

Avg Household Size

41

Median Age

17%

College-Educated

90%

High-School Grad

160.1 sq mi

ZIP Area

96

Density / Sq Mi

$75,833

Median Household Income

$39,152

Median Earnings

$1,021

Median Rent

$227,600

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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000 Granada Dr, Warrenton, MO 63383

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Frequently Asked Questions

What type of property is this?

Duplex - Both residences are tenant occupied, with a renovation noted for one unit.

Where is this duplex located?

The property is located at 00 Granada Dr Warrenton, 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: Two residential units in one building; 1,456 square feet; Renovation of one unit in 2023/2024