408 Walnut St Houston, MO 65483
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
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.