Current Use by Public Records
- Industrial properties
Property Details for 4401 Red Devil Rd
- Property type
- Industrial properties
- Property subtype
- Distribution centers
Description
This exceptional investment opportunity presents a fully leased, food-grade distribution center in Hannibal, Missouri, totaling 472,530 square feet across two buildings on 36.04 acres. The primary building, situated at 4401 Red Devil Rd, boasts 461,250 square feet of warehouse space, 2,175 square feet of office space, and 48 dock and drive-in doors. Clear heights range from 24 to 28 feet. This facility, constructed in 2005, is strategically located less than half a mile from the tenant's manufacturing plant, serving their distribution needs. The tenant is a Fortune 500 food-grade manufacturer. An additional 11,280-square-foot building at 315 Red Devil Rd, comprising 7,280 square feet of service center and 4,000 square feet of office/retail/display space, is included in the sale. This building will be subject to a five-year lease-back by Hannibal Mack Sales & Services. The entire property is offered at $14,600,000. Both buildings are located in Ralls County, Missouri, zip code 63401. This is a rare opportunity to acquire a high-performing, fully leased industrial asset with significant long-term potential.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hannibal
- County
- Ralls
- State
- Missouri
- Longitude
- -91.4173
- Latitude
- 39.6796
