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RV Park Development Site (M-2 Industrial)
New
For Sale
$647,000

801 Ada Street, Adrian, MO 64720

COMMERCIAL - Adrian, MO

Property Size1,800 SF
Lot Size3.69 Acres
Price / SF$359.44
Days on Market7

Property Features for 801 Ada Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning M-2
Parking 5
Parking features Parking Lot
Interior features In-Law Floorplan, Private Restroom, Public Restroom
Directions From Interstate 49 at exit 141 turn west towards town and take first left and head one block south to property.
Subdivision 230 - Bates County, Mo
Standard status Active
APN various see remarks
Lot size 3.69 Acres

Taxes and HOA fees

Tax Description LOT 10.00, 10.01 & 10.02 BLOCK H SMITH'S ADDITION
Tax Annual Amount 1204
Legal Description LOT 10.00, 10.01 & 10.02 BLOCK H SMITH'S ADDITION

Utilities

Utilities Water Available

Building Details

Year built 1994
Floors in Building 1
Listing Agency: Platinum Realty LLC
Listed By: Christopher Beshore
Added: Jul 31 Changed: Aug 4 Last Checked: Aug 6 at 9:06AM
MLS# 2634530

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 RV park development site sits on approximately 3.69 acres of fully contiguous land and includes zoning designated M-2 Industrial. The property is described as configured to support 42 lots, offering a ready-to-plan layout for an RV park. A residence currently on site includes a three-bedroom, two-bath layout and approximately 1,800 SF. The home is tenant-occupied and is stated to be delivered vacant at closing.

The site is positioned for development with exterior-use emphasis and water available for site service. Interior features include an in-law floorplan and both private and public restroom options. Parking is listed as a parking lot. Additional information includes parcels: 0802003020001010020, 0802003020001010010, and 0802003020001010000.

With the combination of contiguous acreage, RV park lot configuration, and M-2 Industrial zoning, the property can also support other exterior-oriented uses such as exterior storage, outdoor sales, trailer sales, and equipment yards as described.

Key Highlights

  • Approximately 3.69 contiguous acres for RV park development
  • M‑2 Industrial zoning for exterior‑oriented uses
  • Site configured for 42 RV park lots

Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $36.7k $20.40
− Vacancy −$2.4k −$1.33
EGI $34.3k $19.07
− OpEx −$15.4k −$8.58
NOI $18.9k $10.49
1,800 SF · lease $20.40/SF/yr · vacancy 6.50% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$269.8K
$236.0K – $314.7K (±1% cap)
NOI $18,883 @ 7.0% cap · market cap 2.92%
Second Best
no second resolved use
Theoretical Best
Retail
$397.7K
$348.0K – $464.0K (±1% cap)
NOI $27,840 @ 7.0% cap · market cap 4.30%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Real Estate Agency Dental Office Electrical Service Pharmacy Storage Facility Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

154
Businesses Nearby

Demographics for 64720, MO

3,869
Population
1,735
Households
2.2
Avg Household Size
43
Median Age
12%
College-Educated
91%
High-School Grad
132.8 sq mi
ZIP Area
29
Density / Sq Mi
$72,619
Median Household Income
$39,219
Median Earnings
$754
Median Rent
$163,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mobile home & RV park - RV park development site with M-2 zoning, a residence on site, and water available for planned outdoor use.
Where is this mobile home & rv park located?
The property is located at 801 Ada Street Adrian, MO.
What is the asking price?
The asking price for this property is $647,000.
What are key features of this property?
This property features: Approximately 3.69 contiguous acres for RV park development; M‑2 Industrial zoning for exterior‑oriented uses; Site configured for 42 RV park lots
More about this property
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