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    1606 Baltimore St Kirksville, MO 63501

    Sponsored
    For Sale
    $979,000

    4.5-acre commercial lot, ideal for diverse uses.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4.5-acre commercial property, located at 1606 N Baltimore St, Kirksville, MO 63501, presents a unique investment opportunity. Zoned for heavy industrial use, this versatile site is perfect for a variety of commercial ventures, including retail, office, or a combination thereof. The property's existing structures are suitable for a bank, convenience store, or shopping center, offering immediate income potential. Its strategic location ensures high visibility and accessibility, attracting a large customer base. The expansive lot size allows for significant expansion or the development of multiple buildings. Two additional lots are available, providing further development potential and alternative access points via Baltimore and Rosewood Drive. This property is offered at $979,000 and is held under sole proprietorship. The property's potential is limited only by your imagination. This is a rare opportunity to acquire a substantial commercial property in a thriving Missouri community. Act quickly to secure this prime location.

    Property Features for 1606 Baltimore St

    General Information

    Property type
    Lifestyle centers
    Lot Size
    196,020 SF

    HighLights

    • $979,000 asking price.
    • Mixed‑use property (Office & Retail) with Bank, Convenience Store, and Shopping Center subtypes.
    • 4.5‑acre lot in Adair County, Missouri.
    • Heavy Industrial zoning.
    • Broker co‑op available.
    • Sole proprietorship ownership.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Kirksville
    County
    Adair
    State
    Missouri
    Longitude
    -92.579489495058
    Latitude
    40.207320509702

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    FAQs

    What type of property is this?
    Lifestyle center - 4.5-acre commercial lot, ideal for diverse uses.
    Where is this lifestyle center located?
    The property is located at 1606 Baltimore St Kirksville, MO.
    What is the asking price?
    The asking price for this property is $979,000.
    What are key features of this property?
    This property features: $979,000 asking price.; Mixed-use property (Office & Retail) with Bank, Convenience Store, and Shopping Center subtypes.; 4.5-acre lot in Adair County, Missouri.
    Request Owner's contact information
    1606 Baltimore St Kirksville, MO 63501
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    Kirksville, MO 63501
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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
    1606 Baltimore St Kirksville, MO 63501
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