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    Property profile & analytics
    OFF-MARKET
    Retail space

    126 Cedar St, Nevada, MO 64772-2363

    3,760 SF 0.06 ac lot Built 1900
    Individually Owned 17-yr Hold Free & Clear
    Property ID
    US48-2030200
    Property summary
    AI-generated overview

    This exceptional 4600 sq ft commercial building in downtown Nevada, MO, presents a lucrative investment opportunity. Situated on a prominent corner lot (0.1 acres), this remodeled property boasts a unique layout ideal for mixed-use ventures. The main floor, currently leased for $800/month, offers ample retail space with convenient rear access via a garage door leading to a large storage area. Additional storage rooms are located on the ground level, along with a shared bathroom. Upstairs, a finished apartment (renting for $500/month) provides extra income and privacy, accessed via an external stairwell. This ensures tenant separation and independent access. The apartment includes a living room, kitchen, and bathroom. The building's location on the square in Nevada, MO, ensures high visibility and foot traffic. Annual property taxes are $884. This property offers a blend of commercial and residential income streams, making it an attractive investment with significant potential for growth. The building's solid construction and recent remodeling contribute to its overall value and appeal. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable location.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1900
    Total area 3,760 SF
    Lot 0.06 ac (2,657 SF)
    APN 18-2.0-04-304-000-060.000
    UPID US48-2030200
    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
    • Covey Surplus (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Eric D Cooper · 17 yrs held
    Eric D Cooper
    since 2009
    1 recorded transaction
    2009
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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