Remodeled Office Building
For Sale
$1,600,000
806-820 Progress Drive, Farmington, MO 63640
Four improved buildings offer office, shop, storage, and utility space on a shared commercial site.
Property Size10,210 SF
Lot Size2.53 Acres
Days on Market138
Property Features for 806-820 Progress Drive
General Information
Standard status
Active
Size
10,210 SF
Lot size
2.53 Acres
Property subtype
Commercial
Additional Details
Cap Rate
10.63%
Taxes and HOA fees
Annual Taxes
$7,247
Building Details
Building Size
10,210 SF
Year Built
1999
Buildings
4
Stories
1
Tenancy
Multi
Abandoned
No
Listing Agency:
Lorimont L.C.
(573) 334-5200
Listed By:
Chris Cole · License #2018017770
(573) 334-5200
Source:
Century21laclede
Added: Apr 3
Changed: Aug 16
Last Checked: Aug 18 at 12:17AM
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 L.C.
Investment Insights
Based on property information with market context.
This four-building office property includes a remodeled 7,237 SF primary office at 812 Progress Dr. Improvements include a new furnace, two new A/C units, doors, ductwork, and flooring. The 2,127 SF rear building at 820 Progress Dr. combines office space, a shop, loft storage, and an overhead door. A separate 800 SF shop includes a garage door and restroom, while a new 400 SF utility shed serves the property’s fenced parking bullpen.
The 2.53-acre site includes a pond and shared parking facilities. The primary building is occupied by the USDA/Farm Services Agency, which has operated from the property since 1999 under a lease extending through 2034, with the lease guaranteed through November 2027. The rear building is leased to the Missouri Department of Conservation. The property also reflects a 10.63% initial cap rate.
The 2.53-acre site includes a pond and shared parking facilities. The primary building is occupied by the USDA/Farm Services Agency, which has operated from the property since 1999 under a lease extending through 2034, with the lease guaranteed through November 2027. The rear building is leased to the Missouri Department of Conservation. The property also reflects a 10.63% initial cap rate.
Key Highlights
- Four‑building office property on 2.53 acres with a pond
- Primary office contains 7,237 SF and has been recently remodeled
- USDA/Farm Services Agency lease extends through 2034; guaranteed through November 2027
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
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
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Frequently Asked Questions
What type of property is this?
Office building - Four improved buildings offer office, shop, storage, and utility space on a shared commercial site.
Where is this office building located?
The property is located at 806-820 Progress Drive Farmington, MO.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Four‑building office property on 2.53 acres with a pond; Primary office contains 7,237 SF and has been recently remodeled; USDA/Farm Services Agency lease extends through 2034; guaranteed through November 2027
