12947 Highway Z Warsaw, MO 65355
This exceptional 1700000 USD commercial property, located at 12947 Highway Z in Warsaw, Missouri, presents a unique investment opportunity. The expansive building, previously used as a school, boasts a wealth of features ideal for diverse commercial applications. The property includes a large gymnasium, a fully equipped cafeteria with walk-in cooler and freezer, numerous classrooms, ample bathrooms and showers, and several office spaces. Three classrooms have been cleverly adapted into flexible spaces, potentially offering up to fifteen private rooms suitable for offices or even living quarters with sleeping accommodations. The significant advantage of no county zoning restrictions unlocks a wide array of potential uses for this adaptable building. A large, fully paved parking lot provides convenient access for staff, students, or patrons. The property's size is not specified, but its extensive interior and ample parking suggest a substantial footprint. Its previous use as a school makes it well-suited for educational purposes, such as a traditional school or a specialized trade school. Alternatively, its layout and amenities could easily be adapted for healthcare uses, such as a medical facility or rehabilitation center. The absence of zoning restrictions allows for creative and innovative repurposing, making this a truly exceptional opportunity for a forward-thinking investor. The property is offered at 1700000 USD.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.