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    1321-1323 Osage Blvd Nevada, MO 64772

    For Sale
    $175,000

    High-Yield Triple-Unit Investment

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This Nevada, MO commercial property offers a fantastic investment opportunity with minimal overhead. The 0.77-acre lot features a 6,400+ square foot building divided into three separate garage/office units, each currently leased. Each unit boasts independent utilities, large shop doors with rear access, and full concrete flooring. The property benefits from ample parking and excellent highway frontage, ensuring high visibility and accessibility for tenants. The existing leases provide immediate income potential, making this an attractive option for investors seeking a low-maintenance, high-return investment. The property's size and layout offer flexibility for a variety of commercial uses, providing potential for future growth and increased rental income. This turnkey operation requires minimal management, making it ideal for passive investors or those seeking a hands-off approach to commercial real estate ownership. The strategic location and strong tenant occupancy make this a compelling investment opportunity in a thriving market. The asking price is $175,000.

    Property Features for 1321-1323 Osage Blvd

    General Information

    Property type
    Investment properties
    Lot Size
    33,541 SF

    Building Details

    Year Built
    1930
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Nevada
    County
    Vernon
    State
    Missouri
    Longitude
    -94.34583
    Latitude
    37.84977

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    FAQs

    What type of property is this?
    Investment property - High-Yield Triple-Unit Investment
    Where is this investment property located?
    The property is located at 1321-1323 Osage Blvd Nevada, MO.
    What is the asking price?
    The asking price for this property is $175,000.
    (417) 684-5681
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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
    1321-1323 Osage Blvd Nevada, MO 64772
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