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    302 3Rd St Lowry City, MO 64763

    Sponsored
    For Sale
    $80,000

    8,000 sq ft lot, $80,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 8,000 square foot lot at 302 E 3rd Street in Lowry City, Missouri, presents a unique investment opportunity. The property, built in 1960, is a single-story building previously used as a car wash and storefront. Currently zoned B-1 Neighborhood Business, it allows for diverse uses, including single-family residential, duplexes, and various businesses. While previously operating as a car wash and laundromat (closed May 2022), some equipment has been removed. The sellers have no operational income/expense records available. A new roof will be installed at the full asking price. Financing is available with a $5,000 down payment, 10% interest, and up to a 30-year amortization. Note: Financing is not offered to buyers intending to operate a car wash or laundromat. This prime corner location offers significant potential for redevelopment or repurposing. The property's versatility and flexible zoning make it an attractive option for a variety of uses. The convenient location in Lowry City, MO (zip code 64763) provides easy access to local amenities and transportation. This is a rare opportunity to acquire a substantial property in a desirable location at an attractive price.

    Property Features for 302 3Rd St

    General Information

    Property type
    Individual retail properties

    Building Details

    Year Built
    1960
    Stories
    1

    HighLights

    • 8,000 SF lot at 302 E 3rd Street, Lowry City, MO (64763).
    • 1960‑built, single‑story building, previously a car wash and storefront.
    • B‑1 Neighborhood Business zoning allows for residential and commercial uses.
    • New roof included at full asking price.
    • Financing available with $5,000 down, 10% interest, 30‑year amortization (restrictions apply).
    • Prime corner location with redevelopment potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Building Supply Spa & Massage Auto Repair Shop Hair Salon Nail Salon Department Store Storage Facility Discount Store Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lowry City
    County
    St. Clair
    State
    Missouri
    Longitude
    -93.7299129
    Latitude
    38.1406527

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Individual retail property - 8,000 sq ft lot, $80,000
    Where is this individual retail property located?
    The property is located at 302 3Rd St Lowry City, MO.
    What is the asking price?
    The asking price for this property is $80,000.
    What are key features of this property?
    This property features: 8,000 SF lot at 302 E 3rd Street, Lowry City, MO (64763).; 1960-built, single-story building, previously a car wash and storefront.; B-1 Neighborhood Business zoning allows for residential and commercial uses.
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    302 3Rd St Lowry City, MO 64763
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    Lowry City, MO 64763
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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
    302 3Rd St Lowry City, MO 64763
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