12947 State Hwy Warsaw, MO 65355
This exceptional 5.9-acre property in Warsaw, Missouri, presents a unique redevelopment opportunity. The 32,000 square foot, single-story building, constructed in 1994, offers versatile space previously used as a school. Features include a gymnasium, full-service cafeteria with walk-in cooler and freezer, numerous classrooms, bathrooms (including showers), and ample office space. Three classrooms have been converted into flexible spaces, potentially offering up to 15 private spaces with sleeping accommodations. The property boasts a large paved parking lot, four newly renovated shower stalls, and twelve additional classrooms, many with water hookups and projectors. A utility room with hookups for four washer/dryer sets, a large library (convertible to common area/game room), ample storage, and new flooring/windows in many areas are also included. The property is vacant and zoned D-9 Other, offering significant re-zoning potential. Its location near Truman Lake makes it ideal for various uses, including education, healthcare, event venues, office space, or residential conversion. The asking price is $1,700,000 ($53.12/sq ft). This is a truly once-in-a-lifetime opportunity in the heart of the Ozarks.
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
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.