Automotive Shop with High-Clear
For Sale
$380,000
120 W Us Highway 40, Odessa, MO 64076
Configured for automotive operations with office, restrooms, utility hookups, and security equipment.
Property Size3,300 SF
Price / SF$115.15
Days on Market61
Property Features for 120 W Us Highway 40
General Information
Standard status
Active
Size
3,300 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$2,142
Amenities
welder plug-in
compressor hookup
two restrooms
dedicated office space
existing camera/security system
Building Details
Buildings
1
Listing Agency:
RE/MAX Premier Properties
(816) 416-7090
Listed By:
Raegan West
(816) 255-6906
Source:
Exprealty
Added: Aug 16
Changed: Oct 6
Last Checked: Oct 13 at 2:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Premier Properties
Investment Insights
Based on property information with market context.
This approximately 3,300-square-foot automotive shop provides a functional commercial layout for vehicle service operations. The main bay offers 14-foot clearance, while the balance of the shop has 12-foot ceilings. Interior improvements include dedicated office space, two restrooms, a welder plug-in, compressor hookup, and an existing camera and security system.
The property fronts I-70 at 120 W US Highway 40 in Odessa, Missouri, providing direct exposure along the interstate corridor. The location is within the Odessa community and offers an established shop configuration with the physical features needed for automotive-related business use. A 14,000-lb vehicle lift may be available through separate agreement with an accepted contract.
The property fronts I-70 at 120 W US Highway 40 in Odessa, Missouri, providing direct exposure along the interstate corridor. The location is within the Odessa community and offers an established shop configuration with the physical features needed for automotive-related business use. A 14,000-lb vehicle lift may be available through separate agreement with an accepted contract.
Key Highlights
- Approximately 3,300 sq. ft. automotive shop
- I‑70 frontage at 120 W US Highway 40
- 14‑foot main bay clearance and 12‑foot ceilings throughout 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
NOI $51,040 @ 7.0% cap · market cap 13.43%
Second Best
Industrial
$183.4K
$160.5K – $213.9K
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.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
368
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Trackside Automotive — 207 SE Railroad St, Odessa, MO 64076
- Rusty Wrench Garage — 226 W Mason St, Odessa, MO 64076
- Shamrock Sales And Service — 225 S 2nd St, Odessa, MO 64076
- Odessa Diesel Repair — 315 W Mason St, Odessa, MO 64076
- BSD Mobile Windshield Repair of Odessa — 101 S 2nd St, Odessa, MO 64076
Frequently Asked Questions
What type of property is this?
Auto shop - Configured for automotive operations with office, restrooms, utility hookups, and security equipment.
Where is this auto shop located?
The property is located at 120 W Us Highway 40 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; I‑70 frontage at 120 W US Highway 40; 14‑foot main bay clearance and 12‑foot ceilings throughout remaining shop area
