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    1321-1323 Osage Blvd Nevada, MO 64772

    Sponsored
    For Sale
    $175,000

    High-yield industrial property with three units.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a 1-story, 6,400+ sq ft warehouse situated on a 1.5-acre lot at 1321-1323 N Osage Boulevard in Nevada, Missouri (zip code 64772). Built in 1930, the property boasts three separate garage/office units, each currently leased and featuring individual utility meters. Each unit offers convenient access via large shop doors at the rear. The warehouse features full concrete flooring, ample parking, and significant highway frontage, maximizing visibility and accessibility. The asking price for this income-producing property is $175,000. This property is classified as Industrial and Office, with a warehouse subtype. Its location in Vernon County, Missouri offers a strong potential for continued rental income and appreciation. The property's size and features make it ideal for a variety of uses, providing a solid foundation for a long-term investment strategy. The minimal upkeep and low overhead contribute to its high profitability.

    Property Features for 1321-1323 Osage Blvd

    General Information

    Property type
    Distribution properties
    Lot Size
    65,340 SF

    Building Details

    Year Built
    1930
    Stories
    1

    HighLights

    • 1‑story, 6,400+ sq ft warehouse on a 1.5‑acre lot at 1321‑1323 N Osage Blvd, Nevada, MO 64772.
    • Three leased garage/office units with individual utility meters and rear shop doors.
    • Full concrete flooring, ample parking, and significant highway frontage.
    • Asking price: $175,000.
    • Industrial/Office property (warehouse subtype) in Vernon County, MO.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Nevada
    County
    Vernon
    State
    Missouri
    Longitude
    -94.3458242
    Latitude
    37.8498642

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    FAQs

    What type of property is this?
    Distribution property - High-yield industrial property with three units.
    Where is this distribution property located?
    The property is located at 1321-1323 Osage Blvd Nevada, MO.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: 1-story, 6,400+ sq ft warehouse on a 1.5-acre lot at 1321-1323 N Osage Blvd, Nevada, MO 64772.; Three leased garage/office units with individual utility meters and rear shop doors.; Full concrete flooring, ample parking, and significant highway frontage.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1321-1323 Osage Blvd Nevada, MO 64772
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