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Property profile & analytics
OFF-MARKET
Hospitality properties

0 Elm St Glenwood, MO 63541

6,069 SF 6.5 ac lot Built 1922
Property ID
Property summary
AI-generated overview

Embrace a piece of history with this unique 6,069 square foot motel in Glenwood, Missouri. Originally constructed in 1922 as a schoolhouse, this solid brick and concrete structure has been extensively renovated and currently offers seven bedrooms and multiple bathrooms. The property sits on a sprawling 6.5-acre lot, providing ample space and privacy. Features include multiple levels of verandas and covered patios overlooking the expansive grounds. A large garage/workshop with a 15-foot overhead door offers ample storage for vehicles or recreational equipment. The property's rustic charm, combined with its spacious layout, presents a fantastic opportunity for a bed and breakfast, Airbnb, or other hospitality venture. The interior boasts a cozy wood-burning fireplace and offers potential for further division of existing rooms to increase capacity. Located approximately 15 minutes from the Missouri/Iowa border, this property is priced at $349,500, representing an exceptional value for its size, history, and potential. The asking price of $349,500 translates to $57.59 per square foot. This is a rare opportunity to own a piece of Missouri's rich history and create a thriving business or unique family home. The two-story building offers a blend of nostalgic charm and modern potential.

Property profile
Verified
Property type Hospitality properties
Year built 1922
Total area 6,069 SF
Lot 6.5 ac (283,140 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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