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    215 South Byp Kennett, MO 63857

    Sponsored
    For Sale
    $375,000

    High-traffic retail space, 5,658 sq ft.

    Property size:
    5,658 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at 215 South Bypass in Kennett, Missouri, presents a compelling investment opportunity. The 5,658 square foot building sits on approximately 1.56 acres of land, boasting an impressive 309 feet of highway frontage along a four-lane state highway with a dedicated turning lane. This prime location ensures high visibility and accessibility, situated conveniently just south of Walmart and past the intersection of Highway 412 and First Street, guaranteeing significant traffic flow. Built in 1950, the property is currently operating as the Budget Inn, offering a turnkey business opportunity for a prospective buyer. Alternatively, this location is ideal for establishing a new commercial venture in a bustling area of Kennett. The asking price is $375,000, and owner financing is not available. The property's strategic positioning within a major traffic area, coupled with its substantial size and highway frontage, makes it an attractive prospect for investors seeking a high-return investment in a thriving Missouri market. The zip code is 63857, and the property is located in Dunklin County.

    Property Features for 215 South Byp

    General Information

    Property type
    Retail properties
    Square Feet
    5,658 SF
    Lot Size
    43,560 SF

    Building Details

    Year Built
    1950

    HighLights

    • 5,658 SF retail building on ~1.56 acres in Kennett, MO (63857).
    • 309' of highway frontage on a four‑lane state highway with a dedicated turning lane.
    • High‑visibility location near Walmart, offering excellent traffic flow.
    • Currently operating as the Budget Inn, presenting a turnkey business opportunity or redevelopment potential.
    • Asking price: $375,000; owner financing unavailable.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Kennett
    County
    Dunklin
    State
    Missouri
    Longitude
    -90.0390881
    Latitude
    36.2355369

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, 5,658 sq ft.
    Where is this retail property located?
    The property is located at 215 South Byp Kennett, MO.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: 5,658 SF retail building on ~1.56 acres in Kennett, MO (63857).; 309' of highway frontage on a four-lane state highway with a dedicated turning lane.; High-visibility location near Walmart, offering excellent traffic flow.
    Request Owner's contact information
    215 South Byp Kennett, MO 63857
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    Kennett, MO 63857
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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
    215 South Byp Kennett, MO 63857
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