307 State St Delta, MO 63744
This exceptional commercial property in Delta, Missouri, presents a unique investment opportunity. Situated on a spacious 1.15-acre lot, the property boasts multiple buildings, offering versatility and potential for diverse uses. The main structure, a 1080-square-foot building constructed in 2020, currently operates as a restaurant. Its notable features include durable, 6-inch-thick stained concrete floors, ensuring a clean and well-maintained interior. This building's adaptable layout lends itself to conversion into office space, an apartment, or even a mobile restaurant operation. The existing restaurant setup presents a strong foundation for a thriving business, capitalizing on local demand for dining options. Complementing the main building are two additional structures: an 18x21-foot building and a 12x36-foot portable building, providing ample storage or expansion possibilities. The property's prime location and versatile buildings make it an ideal investment for entrepreneurs seeking a profitable venture in a desirable area. The combination of existing infrastructure and significant land area offers considerable flexibility for future development and adaptation to various business needs. This property is ready for immediate occupancy and presents a compelling opportunity for significant return on investment.
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.