Property profile

112 4th St Carthage, MO 64836

OFF-MARKET
Retail space
Property ID
US48-1313643
14,355 SF 0.13 ac lot Built 1895
Individually Owned 21-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 9,570 square foot commercial property in Carthage, Missouri, presents a unique investment opportunity. Located at 112 E 4th Street, this historic building boasts a prime downtown location with high foot traffic and excellent visibility thanks to expansive storefront windows. The property is comprised of two floors, each approximately 4,785 square feet, plus a full basement. The ground floor is currently leased to a retail business, providing a stable and consistent income stream. The upper floor features three separate apartments, generating additional rental income and diversifying the investment. These residential units offer desirable living spaces within the vibrant Carthage community. The full basement provides significant storage space, valuable for both commercial and residential tenants, and offers potential for future expansion or adaptation to meet evolving needs. This mixed-use property combines the benefits of commercial and residential income streams, making it an attractive asset for investors seeking a blend of stability and growth potential in a thriving downtown location. The property's versatile layout and historic charm make it an ideal investment for those seeking a strong return on investment in a desirable Missouri market.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1895
Total area 14,355 SF
Lot 0.13 ac (5,793 SF)
APN 14-2.0-4-40-53-7.0
UPID US48-1313643

Cap rate & NOI

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

Location

112 4th St Carthage, MO 64836-1627
Carthage metro Census 11600 JOPLIN, MO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$470k

Owner & transaction history

since 2004
1 recorded transaction
2004
Price N/A

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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