1801 Osage BlvdNevada, MO 64772

Property Details for 1801 Osage Blvd

Year built

1975

Lot size

2.15 AC

Property size (Sq ft)

7,352 SF

Property type

Office properties

APN

13-8.0-33-004-001-049.000

APU

138033004001049000

Description

This expansive Nevada commercial property, built in 1975, offers 9,000+ square feet of versatile space on a 2.11-acre lot. Currently configured as a body shop, it features three large bays, each with unique attributes. Bay #1 (60'x35') includes a 10' overhead door, walk-through door, and paint booth. Bay #2 (30'x61') offers a 12' overhead door and an 8'x14' storage area. Bay #3 (20'x61') features a 10' overhead door and a walk-through door. All bays have airlines and zoned heating. The property also includes a recently remodeled front section with a kitchen/coffee area, a half bath, and multiple modern office spaces. A unique feature is the living space above the office area, ideal for an owner-operator or staff. Three air compressors are included. This two-story building sits on a highly visible 2-acre lot in Vernon County, Missouri, offering excellent exposure and ample room for expansion. The property's location in Nevada, MO (zip code 64772) ensures easy customer access. This turnkey opportunity is priced at $299,900 and presents a compelling investment prospect for a variety of commercial uses.

• CAP approach

  CAP return

  Valuation

  6%

  $1,440,707

  6.5%

  $1,329,884

  7%

  $1,234,892

• Comparable approach

  Method

  Valuation

  Relative Method

  $525,889

  Geo Method

  $525,889

• Alternative Use

  Use

  Valuation

  Residential

  $1,649,056

  Hospitality

  $1,510,526

  Educational

  $1,256,740

  Medical

  $1,299,961

  Retail

  $1,954,929

Location Insight

City

Nevada

County

Vernon

State

Missouri

Latitude

37.8568

Longitude

-94.3457

Property Tax & Assessments

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