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    Novella Dr Dexter, MO 63841

    For Sale
    $490,000

    Spacious Shop, 1 Acre, Expandable

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional commercial property in Dexter, Missouri presents a unique investment opportunity. The main building, measuring 100 feet by 160 feet, sits on a one-acre lot and is priced at $490,000. The structure offers significant versatility, boasting a wide-open interior ideal for customization to meet diverse business needs. The property is equipped with existing infrastructure, including water and sewer lines running along the north side of the building, ensuring convenient utility access. Two separate electric services and energy-efficient LED lighting are already installed, minimizing operational costs. The building's expansive layout provides ample space for various commercial applications, allowing for significant flexibility in design and layout. For businesses requiring additional land, there's an option to purchase an additional 7.85 acres at $27,000 per acre, providing substantial room for expansion or future development. This presents a rare chance to acquire a well-located, adaptable commercial space with the potential for significant growth. The property's existing utilities and adaptable interior make it an attractive option for a wide range of businesses seeking a ready-to-customize space in a convenient location. The combination of the existing building and the potential for expansion makes this a truly compelling investment.

    Property Features for Novella Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    43,560 SF

    Building Details

    Year Built
    2023
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Dexter
    County
    Stoddard
    State
    Missouri
    Longitude
    -89.9722
    Latitude
    36.7927

    Nearby Comparable

    • $1,595,000
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      Dexter Warehouse with Farmland

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    • $1,400,000
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      1007 Business Us Highway 60, Dexter, MO 63841

      Commercial real estate • 0.77 Acres
      1007 Business Us Highway 60, Dexter, MO 63841
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    Nearby Similar for Sale

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    • $1,595,000
      15,000 SF

      Dexter Warehouse with Farmland

      15,000 sq ft warehouse on 43.8 acres.
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    • $259,900
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      Remodeled Commercial Building in Downtown

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    • New
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      Prime Farmland in Dexter, Missouri

      80 acres of agricultural land, divisible, with expired lease.
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    • $1,400,000
      0.77 Acres

      1007 Business Us Highway 60, Dexter, MO 63841

      Commercial real estate • 0.77 Acres
      1007 Business Us Highway 60, Dexter, MO 63841
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Spacious Shop, 1 Acre, Expandable
    Where is this commercial real estate located?
    The property is located at Novella Dr Dexter, MO.
    What is the asking price?
    The asking price for this property is $490,000.
    624-4441
    Request Owner's contact information
    Novella Dr Dexter, MO 63841
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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
    Novella Dr Dexter, MO 63841
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