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Property profile

901 Devine Dr Gerald, MO 63037

OFF-MARKET
Commercial real estate
18.29 ac lot Built 1990

Property summary

AI-generated overview

This exceptional 18.29-acre property at 901 Devine Drive, Gerald, MO, presents a unique investment opportunity. Previously utilized as a concrete manufacturing facility, the site offers a substantial existing structure ready for repurposing or redevelopment. The expansive acreage provides ample space for various industrial or commercial ventures, allowing for significant expansion or the establishment of a new operation. Its location in Gerald, MO offers a blend of rural tranquility and convenient access to major transportation routes, ensuring efficient logistics and a strategic advantage. The property's existing infrastructure, combined with its generous size and prime location, makes it an ideal choice for businesses seeking a blend of established assets and growth potential. This is a rare chance to acquire a significant piece of commercial real estate in a desirable Missouri location. The property's history as a manufacturing facility suggests existing utilities and infrastructure that could significantly reduce start-up costs. The substantial land area allows for flexibility in development plans, accommodating a wide range of industrial or commercial uses. This presents a compelling opportunity for businesses seeking to establish a strong presence in a growing area. Serious inquiries are encouraged to explore the full potential of this remarkable property. The asking price is $299,900.

Property profile

Verified
Property type Commercial real estate
Year built 1990
Lot 18.29 ac (796,712 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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