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    702 Carnation Dr Aurora, MO 65605

    For Sale
    $4,500,000

    Massive warehouse, 100% leased, 12.8 acres.

    Property size:
    150,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional industrial property, located at 702 S Carnation Drive in Aurora, Missouri, presents a significant investment opportunity. The complex comprises three separate buildings, each approximately 50,000 square feet, totaling 150,000 square feet of warehouse space situated on a substantial 12.8-acre lot. The two primary buildings are conveniently interconnected via an internal hallway, enhancing operational efficiency. A third building is located across a dedicated parking area. Currently operating at 100% occupancy, this property offers immediate and substantial rental income. The buildings feature numerous 10-foot loading doors strategically positioned at both ground and grade levels, facilitating seamless loading and unloading operations. The expansive open floor plans within each building provide exceptional flexibility for a wide range of industrial uses. This property's size, location, and current occupancy make it an attractive investment for discerning buyers seeking a high-return, low-risk opportunity in the thriving Aurora market. The ample acreage provides significant room for expansion or future development. This is a rare opportunity to acquire a fully leased, large-scale industrial complex in a desirable location.

    Property Features for 702 Carnation Dr

    General Information

    Property type
    Industrial properties
    Square Feet
    150,000 SF
    Lot Size
    557,568 SF

    Building Details

    Year Built
    1970
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Aurora
    County
    Lawrence
    State
    Missouri
    Longitude
    -93.73634
    Latitude
    36.96834

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    FAQs

    What type of property is this?
    Industrial property - Massive warehouse, 100% leased, 12.8 acres.
    Where is this industrial property located?
    The property is located at 702 Carnation Dr Aurora, MO.
    What is the asking price?
    The asking price for this property is $4,500,000.
    (417) 882-5710
    Request Owner's contact information
    702 Carnation Dr Aurora, MO 65605
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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
    702 Carnation Dr Aurora, MO 65605
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