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Property profile & analytics
OFF-MARKET
Office Spaces

1801 State Route K West Plains, MO 65775

10,000 SF Built 2014
Property ID
Property summary
AI-generated overview

This exceptional Class A medical office building, totaling 10,000 square feet, presents a unique investment opportunity in West Plains, Missouri. Built in 2014, the single-story building boasts a 100% occupancy rate and a strong net operating income (NOI) of $173,177, yielding a 7.00% cap rate. The asking price is $2,473,959, translating to $247.40 per square foot. The property is situated at a highly visible intersection, offering excellent accessibility and visibility for patients and staff. The building features ample parking, including a covered drop-off area, enhancing patient convenience. The interior is well-appointed with modern medical facilities and equipment, including examination rooms, treatment areas, administrative offices, and waiting areas, making it ideal for a variety of medical specialties. This turnkey facility benefits from an established patient base and is located near local amenities, including shopping and residential areas. The property's prime location in a growing community with robust healthcare demand offers significant potential for future expansion and increased revenue. The gross lease structure simplifies management and ensures consistent income. This is an owner/user opportunity with a single tenant. This property is perfect for medical professionals or investors seeking a stable, high-performing asset in a desirable location.

Property profile
Verified
Property type Office Spaces
Year built 2014
Total area 10,000 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
Current use
Occupant on record · Public records
  • West Plains VA Clinic Medical Clinic
  • Richard Loveland Physician
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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