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    1190 Business 54 Fulton, MO 65251

    Sponsored
    For Sale
    $1,300,000

    16,250 SF Retail Building, High NOI

    Property size:
    16,250 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 16,250-square-foot retail storefront, located at 1190 S Business 54 in Fulton, Missouri, presents a compelling investment opportunity. Built in 2021, this multi-tenant property sits on a 1.13-acre lot and boasts a strong net operating income (NOI) of $77,298. The asking price is $1,300,000, translating to $80 per square foot. The property is zoned for commercial use and features a triple-net (NNN) lease structure. Lease commencement was September 5th, 2021, with 5,793 square feet currently available for lease at $10 per square foot. The building is a "white box" space, offering the potential for a turnkey finish. Its prime location on Business 54 places it within a thriving retail market, benefiting from excellent signage opportunities. The surrounding area demonstrates strong demographics, with a 2020 population within five miles of 12,596 and a median income of $48,692, reflecting a 33% increase since 2000. This property offers significant potential for investors seeking a high-return retail investment in a growing Missouri market. The zip code is 65251, and the property is situated in Callaway County.

    Property Features for 1190 Business 54

    General Information

    Property type
    Individual retail properties
    Square Feet
    16,250 SF
    Lot Size
    49,223 SF

    Building Details

    Year Built
    2021

    HighLights

    • 1.13‑acre lot.
    • 5,793 square feet available for lease.
    • $10 per square foot NNN lease rate.
    • Lease commencement date: September 6, 2021.
    • Prime retail location on Business 54 in Fulton, MO, offering excellent signage opportunities.
    • White box space with turnkey finish potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fulton
    County
    Callaway
    State
    Missouri
    Longitude
    -91.9583192
    Latitude
    38.8323395

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    FAQs

    What type of property is this?
    Individual retail property - 16,250 SF Retail Building, High NOI
    Where is this individual retail property located?
    The property is located at 1190 Business 54 Fulton, MO.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: 1.13-acre lot.; 5,793 square feet available for lease.; $10 per square foot NNN lease rate.
    Request Owner's contact information
    1190 Business 54 Fulton, MO 65251
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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
    1190 Business 54 Fulton, MO 65251
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