2001 Limit AveSedalia, MO 65301

Property Details for 2001 Limit Ave

Year built

1974

Lot size

1.31 AC

Property size (Sq ft)

13,680 SF

Property type

Retail properties

Property subtype

Retail space

APN

15-3.0-08-1-06-006.000

APU

153008106006000

Description

This exceptional Sedalia, Missouri investment opportunity presents two retail properties available for sale individually or as a combined package. The portfolio includes a 15,000 square foot Dollar General and a 3,500 square foot Country Kitchen restaurant. Both are situated on a 1.31-acre lot, enjoying a prime location across from the Missouri State Fair Grounds, and benefitting from high traffic counts due to its proximity to popular businesses such as Dairy Queen and McDonald's. The Dollar General offers a 4.8% capitalization rate and is priced at $625,000, while the Country Kitchen boasts a 5.8% capitalization rate and is listed at $750,000. Purchasing both properties together provides a total investment of $1,250,000 with a combined capitalization rate of 5.8%. This presents a compelling opportunity for investors seeking strong returns in a high-visibility location within a thriving commercial area of Sedalia, Missouri. The address is 2001 S Limit Ave, Sedalia, MO 65301, in Pettis County. This property is classified as retail, with the Country Kitchen specifically categorized as a restaurant.

• CAP approach

  CAP return

  Valuation

  6%

  $3,940,702

  6.5%

  $3,637,572

  7%

  $3,377,745

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,687,562

  Geo Method

  $2,687,562

• Alternative Use

  Use

  Valuation

  Residential

  $3,068,428

  Hospitality

  $2,810,663

  Educational

  $2,338,439

  Medical

  $2,418,861

  Retail

  $3,637,572

Location Insight

City

Sedalia

County

Pettis

State

Missouri

Latitude

38.6943

Longitude

-93.2504

CBSA code

42740

CBSA name

SEDALIA, MO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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