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    14 Nolan Dr, Eldon, MO 65026

    14,400 SF 10 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional Eldon, Missouri investment opportunity encompasses eight recorded lots totaling ten acres, featuring two substantial 60x120 foot buildings. Building one, fully leased at $5,000 per month with a four-year lease remaining, includes a $400,000 build-out, enhancing its functionality and value. Building two offers a dual-income stream. One side is currently leased at $3,500 per month with a three-year lease and a $60,000 build-out. The other side, presently used for owner storage, presents immediate potential for additional rental income. The property benefits from a shared well and septic system, minimizing ongoing maintenance expenses. The versatile nature of the eight lots allows for diverse future uses, from expansion of existing businesses to entirely new development projects. This property is priced at $1,750,000 and the seller is open to exploring creative financing options, making this a truly unique and compelling investment opportunity. The combination of existing income streams, significant build-outs, and the potential for future development makes this a rare find in the Eldon market. Don't miss this chance to acquire a substantial and profitable commercial property.

    Property profile
    Verified
    Property type Investment properties
    Total area 14,400 SF
    Lot 10 ac (435,600 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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