Property profile

166 Industrial Dr Festus, MO 63028

OFF-MARKET
Office Spaces
Property ID
US48-1003906
2,768 SF 0.72 ac lot Built 1990
Entity Owned 2-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 2,768 square foot medical office building, situated on a 0.72-acre lot in Festus, Missouri, presents a turnkey opportunity for healthcare professionals. The property boasts a thoughtfully designed layout, including a shared entryway leading to individual office suites. Each suite features a reception/waiting area, five exam/office rooms, a restroom, and storage space. The building is fully built-out and ready for immediate occupancy. Convenient covered carport parking is available at both ends of the building, complementing the ample paved parking lot with capacity for over 20 vehicles. Strategically located near Mercy Hospital Jefferson, this property offers easy access to major thoroughfares, including Highway 55 and US 61. The 2023 property taxes totaled $6,435.08. This is a NNN lease property. The property is zoned for office use.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1990
Total area 2,768 SF
Lot 0.72 ac (31,363 SF)
Zoning code CT1
APN 19-4.0-18.0-0-001-014.01
UPID US48-1003906

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Garden Center
  • Physician
  • Physician

Location

166 Industrial Dr Festus, MO 63028-4133
Festus metro Census 700700 ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2024
2 recorded transactions
2024
Price N/A
2021
Price N/A

Zoning & alternative use

CT1 · Festus, MO

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 166 Industrial Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message