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Property profile & analytics
OFF-MARKET
Commercial real estate

184 Highway Z Steelville, MO 65565

1.7 ac lot Built 2003
Property ID
Property summary
AI-generated overview

This expansive 9,000 square foot metal building presents a remarkable investment opportunity in Steelville, MO. Situated on a spacious 1.7-acre lot along Highway Z, this property offers unparalleled versatility. The main level boasts four large garage bays, ideal for various commercial or industrial uses. The building's metal framing and vault-style ceiling provide exceptional strength and durability. A significant 20x40 foot free-span area within the main bay offers ample open space. Beyond the garage bays, the main level also includes a surprisingly comfortable 1,200 square foot living space, complete with a full kitchen, bathroom, and laundry facilities. Pre-installed electrical wiring, water lines, and plumbing are in place for additional bathrooms, simplifying future expansion or customization. Upstairs, a large open-span second floor awaits its finishing touches. Partial improvements, including sub-floors, walls, and vinyl windows, are already in place, along with a balcony. This area could easily be converted into additional office space or living quarters, expanding the property's residential or commercial potential. The property's location on Highway Z outside of Steelville provides excellent visibility and accessibility. This property is perfect for a wide range of uses, including manufacturing, automotive repair, residential conversion, truck garage, or a combination thereof. The possibilities are truly endless. Priced at $300,000, this is a rare opportunity to acquire a substantial and adaptable property with significant upside potential.

Property profile
Verified
Property type Commercial real estate
Year built 2003
Lot 1.7 ac (74,052 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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