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Property profile & analytics
OFF-MARKET
Warehouses

22889 State Hwy 64 Hwy Hermitage, MO 65668

Built 1973
Property ID
Property summary
AI-generated overview

This exceptional 5.8-acre (±) commercial property in Hermitage, MO, boasts highway frontage on State Highway 64, near Pomme de Terre Lake. The property includes three main structures: a 4,000 sq ft main building previously used as a retail store with a commercial kitchen (currently operating as a roadside food and ice cream stand without outdoor seating), a 4,800 sq ft secondary building (former arcade and retail space with attached bumper car area), and a 4,800 sq ft area with 10 rentable storage units. An 18-hole concrete mini golf course adds to the property's versatility. Built in 1973, the single-story buildings feature a mix of heating and cooling systems including propane, electric, pellet stove, and mini-splits. The property is served by a septic system. This is a unique opportunity to acquire a multi-use property with existing income streams and significant potential for future development. The asking price is $125,000. A separate online auction for business assets (inventory, equipment, etc.) is also available. The property is located at 22889 State Hwy 64 Highway, Hermitage, MO 65668. Lot size is 252,648 sq ft.

Property profile
Verified
Property type Warehouses
Year built 1973
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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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