1321-1323 Osage Blvd, Nevada, MO 64772
This Nevada, MO commercial property offers a fantastic investment opportunity with minimal overhead. The 0.77-acre lot features a 6,400+ square foot building divided into three separate garage/office units, each currently leased. Each unit boasts independent utilities, large shop doors with rear access, and full concrete flooring. The property benefits from ample parking and excellent highway frontage, ensuring high visibility and accessibility for tenants. The existing leases provide immediate income potential, making this an attractive option for investors seeking a low-maintenance, high-return investment. The property's size and layout offer flexibility for a variety of commercial uses, providing potential for future growth and increased rental income. This turnkey operation requires minimal management, making it ideal for passive investors or those seeking a hands-off approach to commercial real estate ownership. The strategic location and strong tenant occupancy make this a compelling investment opportunity in a thriving market. The asking price is $175,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.