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    919 Jackson St Kennett, MO 63857

    For Sale
    $150,000

    Historic building, huge potential, 41 rooms.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 2.28-acre commercial property at 919 S Jackson Street, Kennett, MO, presents a remarkable investment opportunity. Originally constructed in 1932 as a hospital, this three-story building boasts 41 rooms, most equipped with private toilet and sink facilities. A 1973 addition significantly expanded the space. Its most recent use was as an assisted living facility. The current owner has diligently maintained all utilities despite the building's current vacancy, ensuring a smooth transition for the next owner. The property features a comprehensive sprinkler system, an emergency generator, multiple HVAC systems, and an existing (though non-functional) elevator shaft. City utilities are readily available, including three-phase electricity, natural gas, and water. The expansive lot measures 305.51' x 309.50'. The building's versatile layout and substantial size offer a multitude of redevelopment possibilities. Consider conversion into apartments, a group home, or repurposing after rezoning for multi-purpose office space. Its strategic location directly across from Kennett South Elementary School adds significant appeal. This is a rare chance to acquire a substantial property with immense potential in a desirable location. The asking price is $150,000.

    Property Features for 919 Jackson St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    99,317 SF

    Building Details

    Year Built
    1932
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Kennett
    County
    Dunklin
    State
    Missouri
    Longitude
    -90.06124
    Latitude
    36.2275

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    FAQs

    What type of property is this?
    Commercial real estate - Historic building, huge potential, 41 rooms.
    Where is this commercial real estate located?
    The property is located at 919 Jackson St Kennett, MO.
    What is the asking price?
    The asking price for this property is $150,000.
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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
    919 Jackson St Kennett, MO 63857
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