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    1321-1323 Osage Blvd, Nevada, MO 64772

    0.77 ac lot Built 1930
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Investment properties
    Year built 1930
    Lot 0.77 ac (33,541 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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