1615 S Baltimore St Kirksville, MO 63501
Property Lookup
Property profile & analytics
1615 S Baltimore St Kirksville, MO 63501
- Retail space
- 9,012 SF
- 1.30 lot acres
Property ID
US48-2093401
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Western Union / Bank / Credit Union
- FedEx OnSite / Postal Service / Courier Service
- Dollar General / Grocery & Convenience Store
Property Details for 1615 S Baltimore St
- Year built
- 2010
- Lot size
- 1.30 lot acres
- Property size
- 9,012 SF
- Property type
- Retail space
- APN
- 13-05.0-15-002-02-03.001
- APU
- 13050150020203001
Description
This exceptional investment opportunity presents a freestanding Dollar General store located at 1615 S Baltimore St, Kirksville, MO 63501. Built in 2015, this 3,333 square foot property sits on commercially zoned land and boasts a strong 7.50% cap rate, generating a net operating income (NOI) of $90,000. The property is currently 100% occupied under a triple-net (NNN) lease with Dollar General, offering minimal landlord responsibilities. The lease commenced October 21, 2010, and expires September 29, 2030, with a remaining term of approximately 5.9 years. The lease includes four (4) five (5) year renewal options, with rent bumps at each option period. The asking price is $1,200,000, translating to $36 per square foot. This prime location benefits from its proximity to Truman State University, A.T. Stills University, and Moberly Area Community College, ensuring a consistent customer base. Dollar General's early exercise of a lease option underscores the strength and profitability of this location. This is a rare opportunity to acquire a stable, high-performing retail investment in a desirable Missouri market. The land value also reflects a $36 per square foot price. This is an absolute net lease investment.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $890,000 Current use
- OFFICE BUILDING
- $1,060,000 Change: +19% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,000,000 Change: +12% Conversion: Difficult
- RESTAURANT
- $805,000 Change: -9% Conversion: Easy
- WAREHOUSE, STORAGE
- $795,000 Change: -10% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Kirksville
- County
- Adair
- State
- Missouri
- Longitude
- -92.5712
- Latitude
- 40.1813
- CBSA code
- 28860
- CBSA name
- KIRKSVILLE, MO MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,818
$15,520
$144,490
$160,010
-
$48,500
$451,530
$500,030
