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    OFF-MARKET
    Warehouses

    16203 Mo-45, Parkville, MO 64152

    21,650 SF 1.71 ac lot Built 2024
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a newly constructed, multi-tenant garage complex in Parkville, Missouri. Located at 16203 MO-45, 64152, this property boasts 21,650 square feet across three single-story buildings situated on a 1.71-acre lot. Built in 2024, the property currently enjoys 100% occupancy, generating a substantial net operating income (NOI) of $287,362.50, resulting in an attractive 7.50% capitalization rate. The property is classified as industrial, retail, and self-storage, with a flex/warehouse subtype, and is offered at an asking price of $3,831,500. The lease type is NNN, minimizing landlord responsibilities. The property's strategic location provides easy access to I-435 and Highway 45, catering to the high demand for multi-tenant garage spaces. Further potential exists for value enhancement through the addition of restrooms and HVAC systems to individual units. This is a turnkey investment with significant upside potential in a thriving market. The property's strong performance and prime location make it an ideal addition to any portfolio. All units are currently leased.

    Property profile
    Verified
    Property type Warehouses
    Year built 2024
    Total area 21,650 SF
    Lot 1.71 ac (74,488 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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