Technical
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Property profile

215 Byp Kennett, MO 63857

OFF-MARKET
Commercial real estate
1 ac lot Built 1950
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Property summary

AI-generated overview

This exceptional commercial property, situated at 215 S Bypass in Kennett, Missouri, presents a remarkable investment opportunity. Currently operating as the Budget Inn, this property offers a turnkey business solution or an ideal site for a new venture. Boasting a prime location just off the intersection of Highway 412 and First Street, directly south of Walmart, this 1.56-acre (more or less) lot enjoys significant visibility and accessibility. The property features approximately 309 feet of frontage along the four-lane state highway, complete with a dedicated turning lane, ensuring high traffic volume and excellent exposure. This high-traffic area guarantees substantial visibility for any business. The property is being offered at $375,000 and owner financing is not available. This is a rare chance to acquire a well-positioned commercial property in a thriving area. The existing structure provides a solid foundation for immediate operation or redevelopment, making it an attractive proposition for a wide range of commercial uses. Don't miss this chance to secure a prominent location in Kennett, Missouri.

Property profile

Verified
Property type Commercial real estate
Year built 1950
Lot 1 ac (43,560 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

215 Byp Kennett, MO 63857
Kennett metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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