14 Nolan Dr Eldon, MO 65026
- Investment properties
- 14,400 SF
- 10.00 lot acres
Current Use by Public Records
- Investment properties
Property Details for 14 Nolan Dr
- Lot size
- 10.00 lot acres
- Property size
- 14,400 SF
- Property type
- Investment properties
Description
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.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Eldon
- County
- Miller
- State
- Missouri
- Longitude
- -92.5625
- Latitude
- 38.3574
