Property profile

1020 Kingshighway St Rolla, MO 65401

FOR LEASE
Commercial real estate
Property ID
US48-1748572
5,395 SF 0.6 ac lot Built 1960
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial land lease presents 1.31 acres of prime real estate situated on Kingshighway in Rolla, Missouri, zip code 65401. The property enjoys unparalleled visibility due to its location in a high-traffic area, surrounded by established restaurants and businesses. This ensures significant exposure for any new development. The land is offered under a triple net (NNN) lease agreement, with a monthly rental rate of $9,000. The owner is receptive to ground leases, providing flexibility for prospective tenants to develop the property according to their specific business needs. This presents a unique chance for businesses seeking a prominent location in a thriving commercial district within Phelps County. The single-tenancy property offers significant potential for growth and profitability, given its strategic location and favorable lease terms. The property's address is 1020 Kingshighway, Rolla, MO. This is an excellent opportunity for businesses looking to establish a strong presence in a busy commercial area. The property's coordinates are 37.945652977760616 latitude and -91.78078123312483 longitude.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1960
Total area 5,395 SF
Lot 0.6 ac (26,136 SF)
APN 71-09-1.0-11-002-006-006.000
UPID US48-1748572

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Church
  • Consultant

Location

1020 Kingshighway St Rolla, MO 65401
Rolla metro Census 890401 ROLLA, MO MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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