126 Cedar St, Nevada, MO 64772-2363
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.
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Covey Surplus (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.