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    405 1St St New London, MO 63459

    For Lease
    $3,750 /Mo ($10 SF/Yr)

    Retail space available near Hannibal and Mark Twain Lake.

    Property size:
    4,200 SF
    Lot size:
    2.55 Acres

    Property Features for 405 1St St

    General Information

    Size
    4,200 SF
    Lot size
    2.55 Acres

    Source: Thomas Realty Group, LLC Agent Corey Webb

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Near Hannibal

    This 4,200 square foot retail space will be available May 1st. It is located 15 minutes from downtown Hannibal and 20 minutes from Mark Twain Lake. The property is currently occupied by the Ralls County Health Department. The lease price is $3,750 monthly, plus NNN.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ralls County Health ... Public Health Department

    Suggested Use

    Restaurant Law Firm Nail Salon Building Supply Auto Repair Shop Department Store Auto Parts Store Bar & Pub Daycare Center Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    New London
    County
    Ralls
    State
    Missouri
    Longitude
    -91.397098
    Latitude
    39.588988

    FAQs

    What type of property is this?
    Retail space - Retail space available near Hannibal and Mark Twain Lake.
    Where is this retail space located?
    The property is located at 405 1St St New London, MO.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - 4200 SF of Space; - Available May 1st; - 15 Minutes from Downtown Hannibal
    (636) 357-7004
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    405 1St St New London, MO 63459
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    405 1St St
    New London, MO 63459
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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
    405 1St St New London, MO 63459
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