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    602 Main St Gallatin, MO 64640

    Sponsored
    For Sale
    $250,000

    Spacious industrial property, multiple buildings.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.87-acre industrial property, situated at 602 S Main Street (Hwy 13) in Gallatin, Missouri, presents a rare investment opportunity. The main structure is a substantial 3,360 sq. ft. brick garage, featuring four bays equipped with 10.6x12 overhead doors, and a convenient enclosed office space complete with a sink and bathroom. Complementing this is a second building, a 2,880 sq. ft. metal structure offering eight 11.6x12 sliding doors, ideal for additional workspace or storage. A third building, measuring 34x43 ft. with an open front, provides versatile shelter for vehicles, campers, or equipment. Built in 1950, this single-story property boasts significant road frontage on three sides and ample parking, making it suitable for a variety of business ventures. The property's location in Daviess County, zip code 64640, offers excellent accessibility and visibility. The asking price for this unique industrial property is $250,000. Don't miss this chance to acquire a highly versatile and strategically located industrial complex.

    Property Features for 602 Main St

    General Information

    Property type
    Distribution properties
    Lot Size
    81,457 SF

    Building Details

    Year Built
    1950
    Stories
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Wholesale Shop Gym & Fitness Hotel & Motel Garden Center Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Gallatin
    County
    Daviess
    State
    Missouri
    Longitude
    -93.9619791
    Latitude
    39.9103729

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    FAQs

    What type of property is this?
    Distribution property - Spacious industrial property, multiple buildings.
    Where is this distribution property located?
    The property is located at 602 Main St Gallatin, MO.
    What is the asking price?
    The asking price for this property is $250,000.
    Request Owner's contact information
    602 Main St Gallatin, MO 64640
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    Gallatin, MO 64640
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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
    602 Main St Gallatin, MO 64640
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