All-Brick Live-Work
For Sale
$825,000
2601 N State Highway 47, Warrenton, MO 63383
Zoned C3 with blacktop frontage near I-70, featuring a ranch home and a 60' x 64' commercial outbuilding.
Property Size2,551 SF
Lot Size4.46 Acres
Price / SF$323.40
Days on Market102
Property Features for 2601 N State Highway 47
General Information
Standard status
Active
Size
2,551 SF
Lot size
4.46 Acres
Property subtype
Commercial
Zoning
C3
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
wood-burning fireplace
main-floor laundry room
central vac
deck
covered patio
concrete driveway
circle drive
Building Details
Year Built
1988
Construction
all-brick
Listing Agency:
Westbound Real Estate LLC
Listed By:
Phil Reid () · License #1999015911
(314) 486-8642
Source:
Davisrealtor
Added: Jul 13
Changed: Oct 15
Last Checked: Oct 20 at 8:02PM
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 Westbound Real Estate LLC
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Investment Insights
Based on property information with market context.
An all-brick ranch live-work property zoned C3, offering a spacious home plus a substantial commercial-grade outbuilding. The residence includes 3 bedrooms with private baths, 4.5 bathrooms, a wide entry foyer, wood-paneled doors, a living room wood-burning fireplace, and a main-floor laundry room with storage. The eat-in kitchen/dining area features a bay window and includes a brand-new dishwasher. A full partially finished walk-out basement provides additional storage or potential future finishing, and the home is supported by a wood stove, central vac, and a 12' x 39' deck overlooking a level to gently rolling backyard. A 14' x 27' covered patio connects the home to an oversized two-car garage, and the concrete driveway includes a circle drive with ample parking.
The property is located at 2601 N State Highway 47 in Warrenton, MO, about 1.5 miles from I-70, with blacktop frontage.
A standout feature is the massive 60' x 64' outbuilding with concrete floors, electric, office space, and two bathrooms, along with an additional storage shed with a lean-to for extra versatility.
The property is located at 2601 N State Highway 47 in Warrenton, MO, about 1.5 miles from I-70, with blacktop frontage.
A standout feature is the massive 60' x 64' outbuilding with concrete floors, electric, office space, and two bathrooms, along with an additional storage shed with a lean-to for extra versatility.
Key Highlights
- Zoned C3 ranch on 4.46 acres with blacktop frontage and convenience to I‑70 (1.5 miles away)
- 2,551 SF all‑brick home with 3 bedrooms; each bedroom has its own private bath
- 4.5 bathrooms plus wide entry foyer, wood‑paneled doors, and a wood‑burning fireplace in the living room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,383
Cap Rate
4.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$687,660
$687.7K
Cap Rate 7%
$491,186
$491.2K
Cap Rate 9%
$382,033
$382.0K
Market Conditions
NOI Build-Up for 2,551 SF
Gross rent
$58.8K $23.04/SF
− Vacancy
−$12.9K −$5.07/SF
EGI
$45.8K $17.97/SF
− OpEx
−$11.5K −$4.49/SF
NOI
$34.4K $13.48/SF
Area
Warren County, MO
Vacancy
22.00%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$687,660
Cap Rate 7%
$491,186
Cap Rate 9%
$382,033
Alternative Uses
Best Use
Office B
$491.2K
$429.8K – $573.1K
NOI $34,383 @ 7.0% cap · market cap 4.17%
Second Best
Mixed Use
$442.8K
$387.4K – $516.6K
NOI $30,995 @ 7.0% cap · market cap 3.76%
Theoretical Best
Office A
$630.9K
$552.0K – $736.0K
NOI $44,161 @ 7.0% cap · market cap 5.35%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
41
Businesses Nearby
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Business Placement
Demographics for 63383, MO
15,340
Population
6,523
Households
2.4
Avg Household Size
41
Median Age
17%
College-Educated
90%
High-School Grad
160.1 sq mi
ZIP Area
96
Density / Sq Mi
$75,833
Median Household Income
$39,152
Median Earnings
$1,021
Median Rent
$227,600
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Live-work space - Zoned C3 with blacktop frontage near I-70, featuring a ranch home and a 60' x 64' commercial outbuilding.
Where is this live-work space located?
The property is located at 2601 N State Highway 47 Warrenton, MO.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Zoned C3 ranch on 4.46 acres with blacktop frontage and convenience to I‑70 (1.5 miles away); 2,551 SF all‑brick home with 3 bedrooms; each bedroom has its own private bath; 4.5 bathrooms plus wide entry foyer, wood‑paneled doors, and a wood‑burning fireplace in the living room
