161 Matred Ln Steelville, MO 65565
This charming commercial property at 161 Matred Lane in Steelville, Missouri, presents a unique opportunity for a variety of businesses. Situated on a 0.6-acre lot, the building offers ample space for diverse uses, including warehousing, a workshop, a custom design studio, a bed and breakfast, an automotive business, or a creative studio. The building's size is surprisingly generous, exceeding initial expectations, and allows for potential expansion with additions or the construction of a garage. Its strategic location provides excellent highway visibility on Highway 8 East, ideal for signage and attracting customers. The property's versatility makes it an attractive investment for entrepreneurs seeking a well-positioned space to establish or grow their business. The existing structure provides a solid foundation for immediate occupancy, while the available land offers room for future development to suit specific business needs. This is a rare opportunity to acquire a versatile commercial property in a convenient Steelville location with high visibility. The asking price is $39,000. Don't miss this chance to secure a prime commercial space in a thriving community.
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.