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Property profile & analytics
OFF-MARKET
Specialty properties

23157 Highway 54 Hermitage, MO 65668

4,000 SF 0.76 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 23157 Highway 54 in Hermitage, Missouri, presents a unique investment opportunity. The 0.76-acre lot features a 4,000 square foot building currently operating as a successful flea market, generating income from booth rentals. The seller does not own the existing inventory. A significant advantage is the inclusion of a three-bedroom, two-bathroom apartment with a large screened porch, offering comfortable living quarters or potential for additional rental income. The property's prime Highway 54 location ensures high visibility and convenient access for customers. Its attractive design and ample shelving provide a versatile space adaptable to various retail uses. The building's history of attracting customers from a wide area demonstrates its strong potential for continued success. This turnkey operation offers a blend of commercial and residential components, making it an ideal investment for entrepreneurs seeking a profitable venture with immediate income potential. The property is zoned for commercial use and is situated in Hickory County, Missouri, zip code 65668. This is a rare opportunity to acquire a well-established business with significant upside potential. The asking price is $299,900.

Property profile
Verified
Property type Specialty properties
Total area 4,000 SF
Lot 0.76 ac (33,106 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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