1276 Old Highway 40, Odessa, MO 64076
This exceptional investment opportunity presents a 47,740 square foot, Class B multi-use building situated on 5-7 acres in Odessa, Missouri. The property, built in 1995, features seven units currently at 21% occupancy, with a projected full occupancy date of November 13, 2024. The building boasts a 16-foot ceiling height and offers flexible space suitable for industrial, warehouse, distribution, flex, office, and retail uses. With a total asking price of $1,900,000 ($39.80/sq ft and $271,428.57 per unit), this value-add investment presents significant upside potential. The property includes four parking spaces. Currently, a medical office occupies two of the seven units. This single-story building offers 100% ownership with no ground lease. The property is for sale by owner and features no loading docks or dock-high doors. There are no rent bumps or gas pumps on the property. Note that the tenant credit rating is not available.
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.