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Property profile & analytics
OFF-MARKET
Specialty properties

401 2Nd St Steele, MO 63877

1,200 SF 0.16 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity in Cooter, Missouri, presents a 0.16-acre commercial land parcel at 401 2nd St, zip code 63877. The property encompasses a 1,200 square foot building currently configured as a thriving storage facility. The existing setup includes fourteen rental units, generating immediate passive income. Ten units measure 10x10 feet, while four units are 5x10 feet in size. This turnkey operation offers a significant advantage for investors seeking established revenue streams. The property's location in Cooter, Missouri, provides convenient access to local businesses and residents. The asking price for this income-producing asset is $49,000. This represents a compelling entry point into the commercial real estate market, ideal for both seasoned investors and those seeking to diversify their portfolios. The property's current tenant occupancy ensures a steady cash flow, minimizing vacancy risks and maximizing return on investment. This is a rare chance to acquire a well-established, profitable business in a desirable location. The property is zoned for commercial use and offers significant potential for future expansion or redevelopment. Serious inquiries are encouraged.

Property profile
Verified
Property type Specialty properties
Total area 1,200 SF
Lot 0.16 ac (6,970 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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