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    607 Dixon St West Plains, MO 65775

    For Sale
    $799,900

    2.5-acre commercial/residential property with rental income.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 2.5-acre mixed-use property in West Plains, Missouri, presents a lucrative investment opportunity. Located at 607 E Dixon St, this strategically positioned parcel boasts Highway 63 frontage, ensuring high visibility and convenient access. The property includes a well-established convenience store and a separate rental house currently generating $1,100 in monthly income. Built in 1970, the property features city water and sewer services. The 20 parking spaces are supplemented by an additional vacant lot, providing ample room for expansion or future development. The property's location within an industrial area of West Plains offers significant potential for growth. A key advantage is the presence of a vacated city alley on the property, adding to its versatility. The APN is 15-5.0-21-004-008-008-00000. This property is ideal for investors seeking a blend of established income and significant development potential in a thriving Missouri Ozarks community. The zip code is 65775. This offering presents a rare chance to acquire a substantial mixed-use property with immediate cash flow and long-term growth prospects.

    Property Features for 607 Dixon St

    General Information

    Property type
    Mixed-use properties
    Lot Size
    108,900 SF

    Building Details

    Year Built
    1970

    HighLights

    • $799,900 asking price.
    • 2.5‑acre mixed‑use land parcel in West Plains, Missouri.
    • 1970 construction featuring a convenience store and a rental home generating $1,100 monthly income.
    • 20 parking spaces available.
    • Located on Highway 63 with high visibility and city water/sewer.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    West Plains
    County
    Howell
    State
    Missouri
    Longitude
    -91.8453787
    Latitude
    36.7287903

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    FAQs

    What type of property is this?
    Mixed-use property - 2.5-acre commercial/residential property with rental income.
    Where is this mixed-use property located?
    The property is located at 607 Dixon St West Plains, MO.
    What is the asking price?
    The asking price for this property is $799,900.
    What are key features of this property?
    This property features: $799,900 asking price.; 2.5-acre mixed-use land parcel in West Plains, Missouri.; 1970 construction featuring a convenience store and a rental home generating $1,100 monthly income.
    Request Owner's contact information
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    West Plains, MO 65775
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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
    607 Dixon St West Plains, MO 65775
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