Iris Rd Neosho, MO 64850
This exceptional commercial property, located at 0 Iris Road in Neosho, Missouri, presents a unique investment opportunity. Spanning approximately 6,250 square feet on a 2.78-acre lot, this property boasts a rich history as a thriving trucking company. The main building features a well-appointed office area of roughly 35 x 30 feet, complete with a bathroom and kitchenette, providing convenient amenities for staff and clients. Connected to the office is a substantial garage space, ideal for various commercial uses. The first garage, measuring approximately 40 x 80 feet, includes three large commercial-sized doors and an additional office space, offering ample room for storage or operations. A second garage, sized at approximately 40 x 50 feet, features a practical oil change pit, adding to its versatility. Both garages are conveniently linked by an enclosed hallway. For optimal climate control, both garage areas are equipped with large ventilation fans and oil heater units. Access to the office is facilitated by a covered porch, providing shelter from the elements. The property also features a spacious driveway, providing ample parking for large vehicles. The expansive 2.78-acre lot offers significant potential for future expansion or development. This property is priced at $499,900 and represents a compelling opportunity for a wide range of commercial ventures. Its size, layout, and location make it an attractive proposition for businesses seeking a well-established and versatile space.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.