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    408 Walnut St Houston, MO 65483

    For Sale
    $110,000

    High-traffic location, versatile space, great value.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional commercial property, located at 408 E Walnut Street in Houston, Missouri, presents a unique investment opportunity. Situated on a 0.24-acre lot within the city limits and conveniently close to downtown and Business Highway 63, this building enjoys high visibility and accessibility. Constructed of durable concrete block with concrete floors and a low-maintenance metal roof, this structure is built to last. The interior offers approximately [Note: Square footage is missing from the provided data, so it cannot be included] of flexible space, ideally suited for a variety of commercial uses. Two spacious rooms are perfect for retail operations, office space, or meeting areas. The property also includes two half-bathrooms, ample storage rooms, and a functional kitchen area. Its most recent use was as a church, showcasing its adaptability and potential for diverse applications. The asking price of $110,000 represents a compelling value for a well-maintained commercial building in a desirable location. This property is ready for immediate occupancy and offers significant potential for return on investment. The strategic location and versatile layout make this an exceptional opportunity for entrepreneurs and investors alike. Don't miss out on this chance to acquire a prime commercial property in a thriving Missouri community.

    Property Features for 408 Walnut St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    10,454 SF

    Building Details

    Year Built
    1950
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Texas
    State
    Missouri
    Longitude
    -91.95281
    Latitude
    37.32756

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, versatile space, great value.
    Where is this commercial real estate located?
    The property is located at 408 Walnut St Houston, MO.
    What is the asking price?
    The asking price for this property is $110,000.
    967-8888
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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
    408 Walnut St Houston, MO 65483
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