215 Byp Kennett, MO 63857
This exceptional commercial property, situated at 215 S Bypass in Kennett, Missouri, presents a remarkable investment opportunity. Currently operating as the Budget Inn, this property offers a turnkey business solution or an ideal site for a new venture. Boasting a prime location just off the intersection of Highway 412 and First Street, directly south of Walmart, this 1.56-acre (more or less) lot enjoys significant visibility and accessibility. The property features approximately 309 feet of frontage along the four-lane state highway, complete with a dedicated turning lane, ensuring high traffic volume and excellent exposure. This high-traffic area guarantees substantial visibility for any business. The property is being offered at $375,000 and owner financing is not available. This is a rare chance to acquire a well-positioned commercial property in a thriving area. The existing structure provides a solid foundation for immediate operation or redevelopment, making it an attractive proposition for a wide range of commercial uses. Don't miss this chance to secure a prominent location in Kennett, Missouri.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.