Four-Building Leased Office Flex
For Sale
$1,800,000
806-820 Progress Dr, Farmington, MO 63640
Four-building property with long-term USDA lease and a recently remodeled main office building plus additional leased units.
Property Size9,410 SF
Lot Size2.53 Acres
Price / SF$170.37
Days on Market151
Property Features for 806-820 Progress Dr
General Information
Standard status
Active
Size
9,410 SF
Class
B
Lot size
2.53 Acres
Property subtype
Office - General Office
Additional Details
Cap Rate
10.63%
Highway Access
Yes
Building Details
Building Size
9,410 SF
Year Built
1999
Units
4
Listing Agency:
Lorimont Commercial Real Estate
Listed By:
Chris Cole, JD, CCIM, ALC · License #MO2018017770
Source:
Commercialcafe
Added: Apr 8
Changed: Aug 14
Last Checked: Jul 23 at 8:57AM
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 Lorimont Commercial Real Estate
Investment Insights
Based on property information with market context.
This four-building leased portfolio includes a main office building totaling 7,238 SF at 812 Progress Dr., which has recently been remodeled with a new furnace, two new A/C units, new doors, new ductwork, and new flooring. The rear building at 820 Progress Dr. totals 2,127 SF and includes a shop, office, loft storage, and an overhead door, and is currently leased to the Missouri Department of Conservation. The property also includes a vacant 800 SF shop at 806 Progress Dr. with a garage door and restroom, plus a new 400 SF utility shed. Shared amenities include a fenced parking bullpen for tenants.
The property is located about 1/4 mile from Highway 67 and convenient to historic downtown Farmington, restaurants, c-stores, industrial businesses, and shops. USDA/Farm Services Agency has occupied the property since 1999, and the current lease is in place through 2034, with a guarantee through November 2027.
The vacant shop is accessible via easement from Captain D’s, and the overall site totals 2.53 acres.
The property is located about 1/4 mile from Highway 67 and convenient to historic downtown Farmington, restaurants, c-stores, industrial businesses, and shops. USDA/Farm Services Agency has occupied the property since 1999, and the current lease is in place through 2034, with a guarantee through November 2027.
The vacant shop is accessible via easement from Captain D’s, and the overall site totals 2.53 acres.
Key Highlights
- Four‑building property in Farmington, MO leased to USDA/Farm Services Agency through 2034; USDA/FSA occupied since 1999.
- Main 7,238 SF office building (812 Progress Dr.) recently remodeled with new furnace, two new A/C units, doors, ductwork, and flooring.
- Rear building (820 Progress Dr.) totals 2,127 SF with shop, office, loft storage, and overhead door; leased to Missouri Department of Conservation.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
170
Businesses Nearby
Explore this area
Business Placement
Demographics for 63640, MO
29,145
Population
11,381
Households
2.6
Avg Household Size
41
Median Age
18%
College-Educated
87%
High-School Grad
209.3 sq mi
ZIP Area
139
Density / Sq Mi
$55,926
Median Household Income
$36,987
Median Earnings
$857
Median Rent
$195,900
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Four-building property with long-term USDA lease and a recently remodeled main office building plus additional leased units.
Where is this office building located?
The property is located at 806-820 Progress Dr Farmington, MO.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Four‑building property in Farmington, MO leased to USDA/Farm Services Agency through 2034; USDA/FSA occupied since 1999.; Main 7,238 SF office building (812 Progress Dr.) recently remodeled with new furnace, two new A/C units, doors, ductwork, and flooring.; Rear building (820 Progress Dr.) totals 2,127 SF with shop, office, loft storage, and overhead door; leased to Missouri Department of Conservation.
