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    141 Sherman Rdg Rd Laurie, MO 65037

    For Sale
    $480,000

    Spacious building, 2.2 acres, great potential.

    Property size:
    6,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional 6,500 square foot manufacturing building situated on a gently sloping 2.2-acre lot in Laurie, Missouri presents a unique investment opportunity. Currently operating as a marine upholstery business, the property offers significant versatility and adaptability for a wide range of commercial uses. The main level boasts ample office space, a sizable workshop area, and a generous open warehouse space, perfect for storage or production. Two half-bathrooms are conveniently located on the main level. Adding to the property's appeal is a sizable one-bedroom apartment situated above the office area, complete with a full bathroom and laundry hookups, providing potential for owner occupancy or rental income. The upper level also includes additional storage areas. The building's substantial size and flexible layout make it ideal for various businesses seeking expansion or relocation. The seller will require a 3-6 month period after closing to facilitate the orderly wind-down of their existing business and vacate the premises. This allows for a smooth transition and minimizes disruption for the new owner. This property offers a compelling combination of space, location, and potential, making it an attractive investment in a thriving Missouri community. The 2.2-acre lot provides ample room for expansion or future development.

    Property Features for 141 Sherman Rdg Rd

    General Information

    Property type
    Investment properties
    Square Feet
    6,500 SF
    Lot Size
    95,832 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Map

    City
    Laurie
    County
    Morgan
    State
    Missouri
    Longitude
    -92.81889
    Latitude
    38.19386

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      Commercial Property with Highway Visibility

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    Nearby Similar for Sale

    • $449,900
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    FAQs

    What type of property is this?
    Investment property - Spacious building, 2.2 acres, great potential.
    Where is this investment property located?
    The property is located at 141 Sherman Rdg Rd Laurie, MO.
    What is the asking price?
    The asking price for this property is $480,000.
    (573) 374-5206
    Request Owner's contact information
    141 Sherman Rdg Rd Laurie, MO 65037
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    Laurie, MO 65037
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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
    141 Sherman Rdg Rd Laurie, MO 65037
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