Property summary
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
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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