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    307 State St Delta, MO 63744

    For Sale
    $175,900

    Restaurant & Buildings on 1.15 Acres

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional commercial property in Delta, Missouri, presents a unique investment opportunity. Situated on a spacious 1.15-acre lot, the property boasts multiple buildings, offering versatility and potential for diverse uses. The main structure, a 1080-square-foot building constructed in 2020, currently operates as a restaurant. Its notable features include durable, 6-inch-thick stained concrete floors, ensuring a clean and well-maintained interior. This building's adaptable layout lends itself to conversion into office space, an apartment, or even a mobile restaurant operation. The existing restaurant setup presents a strong foundation for a thriving business, capitalizing on local demand for dining options. Complementing the main building are two additional structures: an 18x21-foot building and a 12x36-foot portable building, providing ample storage or expansion possibilities. The property's prime location and versatile buildings make it an ideal investment for entrepreneurs seeking a profitable venture in a desirable area. The combination of existing infrastructure and significant land area offers considerable flexibility for future development and adaptation to various business needs. This property is ready for immediate occupancy and presents a compelling opportunity for significant return on investment.

    Property Features for 307 State St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    50,094 SF

    Building Details

    Year Built
    2020
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Delta
    County
    Cape Girardeau
    State
    Missouri
    Longitude
    -89.73319
    Latitude
    37.19633

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    FAQs

    What type of property is this?
    Commercial real estate - Restaurant & Buildings on 1.15 Acres
    Where is this commercial real estate located?
    The property is located at 307 State St Delta, MO.
    What is the asking price?
    The asking price for this property is $175,900.
    987-0721
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    307 State St Delta, MO 63744
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    Delta, MO 63744
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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
    307 State St Delta, MO 63744
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