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2102 N Outer Rd Dexter, MO 63841

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For Sale
$695,000

Income-producing property with office building and storage units.

Building Details

Year built
1910

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Listing Contact
Matt Huber
Source: Lorimont

Listing Agent: Matt Huber

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

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Overview

Dexter, MO Investment Opportunity

This income-producing investment property features a leased office building and on-site storage units, offering a diversified revenue stream. Located at 2102 N Outer Road in Dexter, Missouri, the property benefits from high visibility and accessibility along U.S. Highway 60. This highway is a designated corridor of the future Interstate 57, which is expected to enhance regional connectivity and traffic counts. The property presents a value-add opportunity through the lease-up and rental optimization of storage units. The location provides excellent ingress/egress and regional connectivity. The in-place cap rate is 9.76% at the asking price, with a pro-forma cap rate of 12.64% with stabilized storage occupancy. The property offers stable current income with a clear path to increased net operating income.
Location Intelligence

Current Use by Public Records

Rinehart Insurance Insurance Agency

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Pharmacy

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

Location Insight

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  • Local Demand
City
Dexter
County
Stoddard
State
Missouri
Longitude
-89.997092
Latitude
36.805044

FAQs

What type of property is this?
Mixed-use property - Income-producing property with office building and storage units.
Where is this mixed-use property located?
The property is located at 2102 N Outer Rd Dexter, MO.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: - High In-Place Cap Rate: 9.76% at asking price provides strong current income.; - Pro-Forma Cap Rate: 12.64% with stabilized storage occupancy offers significant upside potential.; - Future Interstate Advantage: Located on Highway 60, a designated corridor of Future Interstate 57, enhancing long-term value.
More about this property
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