1801 State Route K West Plains, MO 65775
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.
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West Plains VA Clinic Medical Clinic
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Richard Loveland Physician
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.