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    206 College St Farmington, MO 63640

    For Sale
    $225,000

    Downtown Farmington, double lot, three overhead doors.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional commercial property presents a significant investment opportunity in the heart of Farmington, Missouri. Situated on a double lot spanning from College Street to Spring Street, this building offers unparalleled access and visibility. The 0.19-acre lot provides ample space for expansion or additional parking, a valuable asset in a thriving downtown area. The building itself features three convenient overhead doors, perfect for loading and unloading, along with a durable concrete drive ensuring easy access for vehicles of all sizes. The interior space is ready for immediate occupancy or customization to suit a variety of commercial uses. Its prime location on the edge of downtown Farmington offers high foot traffic and excellent exposure to potential customers. The property's versatility makes it suitable for a wide range of businesses, from retail and warehousing to light industrial operations. This is a rare chance to acquire a well-positioned commercial property with significant upside potential in a growing community. Don't miss this chance to secure a valuable asset in a desirable location. The asking price is $225,000. Serious inquiries only.

    Property Features for 206 College St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    8,276 SF

    Building Details

    Year Built
    1950
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Farmington
    County
    St Francois
    State
    Missouri
    Longitude
    -90.41808
    Latitude
    37.78242

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    FAQs

    What type of property is this?
    Commercial real estate - Downtown Farmington, double lot, three overhead doors.
    Where is this commercial real estate located?
    The property is located at 206 College St Farmington, MO.
    What is the asking price?
    The asking price for this property is $225,000.
    756-5711
    Request Owner's contact information
    206 College St Farmington, MO 63640
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    Farmington, MO 63640
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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
    206 College St Farmington, MO 63640
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