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    101 Old 40 Hwy Odessa, MO 64076

    For Sale
    $350,000

    Spacious building, ample parking, high visibility.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional commercial property located at 101 W Old 40 Highway, Odessa, MO presents a unique investment opportunity. The building boasts a substantial 4,320 square feet of space, previously utilized as a restaurant. Its versatile layout offers significant potential for a wide range of businesses. The property sits on a sizable 0.94-acre lot, providing ample parking for customers and employees, a key advantage for attracting clientele. High visibility from Old 40 Highway ensures excellent exposure for any business operating from this location. The C-2 zoning designation allows for a diverse array of commercial uses, providing flexibility for prospective buyers. This presents a rare chance to acquire a well-located, spacious commercial building in a thriving area. The asking price is $350,000. Serious inquiries are encouraged to explore the possibilities this property offers. The property's size and location make it an ideal investment for entrepreneurs seeking a strong foundation for their business ventures. The ample parking and high visibility are significant assets that contribute to its overall appeal and potential for success. Don't miss this chance to own a prime commercial property in Odessa, Missouri.

    Property Features for 101 Old 40 Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    40,946 SF

    Building Details

    Year Built
    1960
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Odessa
    County
    Lafayette
    State
    Missouri
    Longitude
    -93.95167
    Latitude
    39.00682

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious building, ample parking, high visibility.
    Where is this commercial real estate located?
    The property is located at 101 Old 40 Hwy Odessa, MO.
    What is the asking price?
    The asking price for this property is $350,000.
    (816) 230-5324
    Request Owner's contact information
    101 Old 40 Hwy Odessa, MO 64076
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    Odessa, MO 64076
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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
    101 Old 40 Hwy Odessa, MO 64076
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