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    108 N Hospital Dr Fulton, MO 65251

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    For Sale
    $823,590

    100% leased office building with long-term tenant.

    Property size:
    10,880 SF
    Lot size:
    3.00 Acres

    Property Features for 108 N Hospital Dr

    General Information

    Size
    10,880 SF
    Lot size
    3.00 Acres

    Source: Schneider Commercial Partners Agent Joseph K Schneider

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

    Overview

    Leased Office Building For Sale

    This 10,880 square foot office building is 100% leased. 7,417 square feet is leased to the State of Missouri, Callaway County Family Services Division, who has been a tenant since the building's construction in 1993. The lease expiration date is June 30, 2027, and is subject to standard state government termination rights and annual appropriation. An additional 3,145 square feet is leased to Ingram Leasing, LLC, with a 3-year term beginning at closing. The property includes a 3± acre lot with over 70 parking spaces, providing 6.43 spaces per 1,000 square feet. Conveniently located with access from Highway 54, the property is approximately 1 mile from Westminster College, America’s National Churchill Museum, and Downtown Fulton’s “Brick District”. It is zoned “C-3” Planned Commercial in the City of Fulton, MO. The in-place net operating income is $80,300.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fulton
    County
    Callaway
    State
    Missouri
    Longitude
    -91.964137
    Latitude
    38.844638

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    FAQs

    What type of property is this?
    Office building - 100% leased office building with long-term tenant.
    Where is this office building located?
    The property is located at 108 N Hospital Dr Fulton, MO.
    What is the asking price?
    The asking price for this property is $823,590.
    What are key features of this property?
    This property features: - 100% Leased Building with In-Place NOI: $80,300; - Long-Term Tenant: 7,417 SF Leased to State of Missouri since 1993 with lease expiring June 30, 2027; - Second Tenant: 3,145 SF Leased to Ingram Leasing, LLC with a 3-year term beginning at closing
    (636) 949-9797
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    108 N Hospital Dr Fulton, MO 65251
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    Fulton, MO 65251
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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
    108 N Hospital Dr Fulton, MO 65251
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