493 State Highway 76 Anderson, MO 64831
- Commercial real estate
- 9,635 SF
- 1.12 lot acres
Current Use by Public Records
- Chris Smith American Family Insurance / Insurance Agency
- Edward Jones - Financial Advisor: Kim Ramsay, CFP® / Stock Broker / Financial Consultant
- Apostolics of Anderson / Religious Organization
- Mid Central Technology / Establishment / Energy Equipment And Solutions
Property Details for 493 State Highway 76
- Year built
- 2009
- Lot size
- 1.12 lot acres
- Property size
- 9,635 SF
- Property type
- Commercial real estate
Description
This exceptional 9-unit strip mall, totaling 9,635 square feet, presents a lucrative investment opportunity in Anderson, Missouri. Situated on a 1.12-acre lot at 493 E State Highway 76, this property boasts an enviable location just off Highway 49, offering convenient access to a thriving market. Currently, all nine units are occupied, generating a strong 7.9% capitalization rate, indicating a stable and profitable income stream. The property's strategic location within 15 miles of the Arkansas state line provides easy access to Northwest Arkansas, making it ideal for businesses needing proximity to both states. This translates to significant potential for attracting a diverse tenant base and maximizing rental income. Several long-term tenants are already in place, minimizing vacancy risks and ensuring consistent cash flow. The property's calm and convenient setting near I-49 further enhances its appeal. This turnkey investment is perfect for adding a high-performing asset to your portfolio. The current occupancy and strong cap rate make this a compelling opportunity for investors seeking a stable and profitable return. The property's size and location offer significant potential for long-term growth and appreciation. This is a rare opportunity to acquire a well-established, income-producing property in a desirable location. The asking price is $747,000.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Anderson
- County
- McDonald
- State
- Missouri
- Longitude
- -94.4223
- Latitude
- 36.6487