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Automotive Shop with Interstate Frontage
For Sale
$380,000

120 US-40 Highway, Odessa, MO 64076

Commercial Sale, Odessa, MO

Property Size3,300 SF
Lot Size0.30 Acres
Price / SF$115.15
Days on Market52

Property Features for 120 US-40 Highway

General Information

Property type Commercial Sale
Property subtype Other
Zoning Comm
Parking features Parking Lot
Directions I-70 to Odessa exit, 40 Highway to shop on the south side of the road.
Subdivision 210 - Lafayette County, Mo
Standard status Active
APN 14-7.0-36-3-001-015.000
Lot size 0.30 Acres

Taxes and HOA fees

Tax Description PT OF NE1/4 OF SW1/4; 554-108, 730-730, 730-913, 778-580, 2022DR2298
Tax Annual Amount 2142
Legal Description PT OF NE1/4 OF SW1/4; 554-108, 730-730, 730-913, 778-580, 2022DR2298

Utilities

Utilities Water Available

Amenities

welder plug-in
compressor hookup
two restrooms
dedicated office space
camera/security system

Building Details

Floors in Building 1
Listing Agency: RE/MAX Premier Properties · RE/MAX International
Listed By: Raegan West
Added: Aug 16 Changed: Oct 5 Last Checked: Oct 6 at 1:06PM
MLS# 2637314

Copyright © 2026 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This approximately 3,300-square-foot automotive shop is configured for vehicle service and related commercial operations. The main bay provides 14-foot height, while the balance of the shop has 12-foot ceilings. Improvements include a dedicated office, two restrooms, welder plug-in, compressor hookup, and an existing camera/security system. A 14,000-lb vehicle lift may be negotiated with an accepted contract.

The property occupies 0.3 acres at 120 US-40 Highway in Odessa, Missouri, with frontage along I-70 and a parking lot. Commercial zoning and water availability are also identified for the site.

Key Highlights

  • Approximately 3,300 sq. ft. automotive shop on 0.3 acres
  • I‑70 frontage at 120 US‑40 Highway in Odessa, Missouri
  • 14‑foot main bay and 12‑foot ceilings throughout the remaining shop area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,836
Cap Rate
3.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$256,720 $256.7K
Cap Rate 7%
$183,371 $183.4K
Cap Rate 9%
$142,622 $142.6K
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$19.4K $5.88/SF
− Vacancy
−$1.1K −$0.32/SF
EGI
$18.3K $5.56/SF
− OpEx
−$5.5K −$1.67/SF
NOI
$12.8K $3.89/SF
Area
Lafayette County, MO
Vacancy
5.50%
Lease Rate
$5.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$256,720
Cap Rate 7%
$183,371
Cap Rate 9%
$142,622

Alternative Uses

Best Use
Retail
$729.1K
$638.0K – $850.7K (±1% cap)
NOI $51,040 @ 7.0% cap · market cap 13.43%
Second Best
Industrial
$183.4K
$160.5K – $213.9K (±1% cap)
NOI $12,836 @ 7.0% cap · market cap 3.38%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Auto shops

Lease Details

1
Service bays

Location Intelligence

Trade Area within ½ mile

20
Businesses Nearby
Balanced
Demand for This Use

Demographics for 64076, MO

9,863
Population
3,752
Households
2.6
Avg Household Size
39
Median Age
23%
College-Educated
94%
High-School Grad
124.3 sq mi
ZIP Area
79
Density / Sq Mi
$81,058
Median Household Income
$43,002
Median Earnings
$961
Median Rent
$226,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Auto shop - Functional commercial shop with service-bay clearance, office space, restrooms, and dedicated utility connections.
Where is this auto shop located?
The property is located at 120 US-40 Highway Odessa, MO.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Approximately 3,300 sq. ft. automotive shop on 0.3 acres; I‑70 frontage at 120 US‑40 Highway in Odessa, Missouri; 14‑foot main bay and 12‑foot ceilings throughout the remaining shop area
More about this property
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