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    12947 Highway Z Warsaw, MO 65355

    For Sale
    $1,700,000

    Versatile School Building, Huge Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 1700000 USD commercial property, located at 12947 Highway Z in Warsaw, Missouri, presents a unique investment opportunity. The expansive building, previously used as a school, boasts a wealth of features ideal for diverse commercial applications. The property includes a large gymnasium, a fully equipped cafeteria with walk-in cooler and freezer, numerous classrooms, ample bathrooms and showers, and several office spaces. Three classrooms have been cleverly adapted into flexible spaces, potentially offering up to fifteen private rooms suitable for offices or even living quarters with sleeping accommodations. The significant advantage of no county zoning restrictions unlocks a wide array of potential uses for this adaptable building. A large, fully paved parking lot provides convenient access for staff, students, or patrons. The property's size is not specified, but its extensive interior and ample parking suggest a substantial footprint. Its previous use as a school makes it well-suited for educational purposes, such as a traditional school or a specialized trade school. Alternatively, its layout and amenities could easily be adapted for healthcare uses, such as a medical facility or rehabilitation center. The absence of zoning restrictions allows for creative and innovative repurposing, making this a truly exceptional opportunity for a forward-thinking investor. The property is offered at 1700000 USD.

    Property Features for 12947 Highway Z

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1994
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Warsaw
    County
    Benton
    State
    Missouri
    Longitude
    -93.46865
    Latitude
    38.23713

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile School Building, Huge Potential
    Where is this commercial real estate located?
    The property is located at 12947 Highway Z Warsaw, MO.
    What is the asking price?
    The asking price for this property is $1,700,000.
    224-1761
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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.

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    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
    12947 Highway Z Warsaw, MO 65355
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