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    FOR LEASE
    Strip malls

    1715 S Madison St, Webb City, MO 64870

    14,798 SF 1.35 ac lot Built 1985
    Entity Owned 19-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US48-1357138
    1715 S Madison St, Webb City, MO 64870 For Lease
    $505,000
    1715 S Madison St, Webb City, MO 64870
    View Listing →
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 1715 S Madison St in Webb City, Missouri, presents a unique investment opportunity. The single-tenant building, totaling 17,498 square feet, offers a blend of retail, office, and special-purpose spaces. Currently, 1,162 square feet are vacant, providing immediate potential for expansion or lease. Built in 1985 and renovated in 2010, the property boasts a modern aesthetic and functional layout. The building sits on a 1.36-acre lot and includes ample parking with 50 spaces available for tenants and visitors. The property is conveniently located in a busy area of Webb City, surrounded by other established businesses such as US Cellular and an insurance company, ensuring high visibility and foot traffic. The building is equipped with 220-volt power, catering to a variety of business needs. This property is ideal for businesses seeking a well-maintained, conveniently located space in a thriving commercial area. The property's single-tenant occupancy offers a streamlined management experience. The executive and traditional office subtypes provide flexibility for various business configurations. Jasper County location provides access to a strong local economy and workforce. This is a prime opportunity to secure a well-positioned commercial property in a desirable location.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1985
    Total area 14,798 SF
    Lot 1.35 ac (58,850 SF)
    APN 15-9.0-30-0-0-28.002
    UPID US48-1357138
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Flanagan Mortgage Services Loan Service Bank
    • Homestead Steaks®️ Butcher Big Box & Wholesale Store
    • State Farm Insurance Agency
    • Southwest Pulmonology Medical Clinic
    • Edward Jones - Financial Advisor: Matthew Gibson, CFP®|ChFC®|RICP® Financial Advisor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $430k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $576k
    Blend (final) Blend
    $505k
    Owner & transaction history
    Andrew & Vickie INC · 19 yrs held
    Andrew & Vickie INC
    since 2007
    4 recorded transactions
    2023
    2018
    2007
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Warehouse, storage $730,000 +25.1%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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