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Property profile & analytics
OFF-MARKET
Investment properties

100 10th St Lamar, MO 64759-1449

6,840 SF 0.2 ac lot Built 1900
Individually Owned Absentee Owner Free & Clear
Property ID
US48-1990374
Property summary
AI-generated overview

This exceptional commercial property, located at 100 W 100 10th Street in Lamar, Missouri, presents a unique investment opportunity. The property encompasses a total of 6,840 square feet and sits on a 0-acre lot. The main feature is a thriving 2,840 square foot, 24-hour fitness center—the only one within a 24-mile radius— boasting a substantial and loyal membership base. The gym is fully equipped with all necessary fitness equipment, including a sauna, three tanning beds, and laundry facilities. It also includes two offices and a dedicated kids' room, along with four bathrooms. Above the gym, a lucrative 2,000 square foot, two-bedroom apartment offers stunning views from its private rooftop terrace, generating additional rental income. This property's prime location on the northeast corner of historic Lamar Square ensures high visibility and accessibility. Financial details, including the impressive cap rate, are available upon request. Schedule a viewing to explore this exceptional investment opportunity firsthand. The property is priced at $589,900.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Total area 6,840 SF
Lot 0.2 ac (8,712 SF)
APN 09-09.0-30-02.0-024-015.000
UPID US48-1990374
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
  • Hydra Fitness Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
DUSTIN L C READ
DUSTIN L C READ
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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