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    316 Old 40 Hwy Odessa, MO 64076

    For Lease
    $12 SF/Yr ($11,000 /Mo)

    Prime Medical Office Space Available

    Lot size:
    11,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional medical office building in Odessa, Missouri presents a unique investment opportunity. Located at 316 W. Old 40 Highway, this two-story property boasts a total of 11,000 square feet, with 5,500 square feet currently available for lease. The building is classified as both retail and office space, specifically catering to medical practices, and features a multi-tenant configuration. The substantial lot size of 76,421 square feet provides ample parking and potential for future expansion. Situated in Lafayette County, this property benefits from a convenient location in the thriving community of Odessa, Missouri, zip code 64076. The available 5,500 square feet offers significant potential for a growing medical practice or related business seeking a prominent presence in this area. The building's existing infrastructure and layout are well-suited for a variety of medical specialties. This is an excellent chance to secure a well-positioned medical office space in a desirable location with strong community ties. The property's size and layout offer flexibility for customization to meet specific tenant needs. Serious inquiries are encouraged to explore this promising investment opportunity. The property is easily accessible from major roadways, ensuring convenient access for patients and staff.

    Property Features for 316 Old 40 Hwy

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,000 SF
    Total Rate
    11000

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Available Space
    Size
    5,500 SF
    Rate per SF
    $12

    HighLights

    • 11,000 SF two‑story building (4,500 SF per floor)
    • First floor offers two 2,000 SF spaces available, plus 500 SF of common area.
    • Second floor is fully occupied by a medical group and a nail salon.
    • High visibility location.
    • Excellent ingress and egress.
    • All‑brick construction.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Odessa
    County
    Lafayette
    State
    Missouri
    Longitude
    -93.955572
    Latitude
    39.0058239

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office Space Available
    Where is this medical office located?
    The property is located at 316 Old 40 Hwy Odessa, MO.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 11,000 SF two-story building (4,500 SF per floor); First floor offers two 2,000 SF spaces available, plus 500 SF of common area.; Second floor is fully occupied by a medical group and a nail salon.
    Request Owner's contact information
    316 Old 40 Hwy Odessa, MO 64076
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    Odessa, MO 64076
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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
    316 Old 40 Hwy Odessa, MO 64076
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