1604 Us Highway 160 West Plains, MO 65775
This exceptional commercial property, totaling 13,100 square feet, presents a compelling investment opportunity. Located on Highway 160 in West Plains, Missouri, this property boasts a prime location near major retailers like Wal-Mart and Tractor Supply, ensuring high visibility and significant foot traffic. The property comprises three buildings: two strip malls and a warehouse, situated on 1.36 acres of land. Currently 100% occupied with six units, it generates a monthly income of $3,900. Each unit features individualized entrances and mini-split heating and air conditioning systems. The property includes 16-20 parking spaces and nine restrooms. Built in 1996, the buildings feature a metal flat roof. The property is zoned commercial and offers three highway approaches for easy access. This fully leased retail center provides a strong, consistent revenue stream and benefits from its location in a thriving retail district serving a regional population. The property's high occupancy rate, strategic location, and substantial square footage make it an attractive investment for discerning buyers seeking a stable and profitable venture in a high-traffic area. The Class A property offers a modified lease type and is for sale by owner.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.