17651 B Hwy Boonville, MO 65233-2839
Exceptional redevelopment opportunity in Boonville, MO. This 77,873 square foot medical office complex, formerly Cooper County Memorial and Pinnacle Regional Hospitals, sits on a 17.71-acre lot. The property includes three buildings, a helicopter pad, and ample parking (262 spaces). Built in 1973 with renovations in 2005, the facility boasts an existing operating room and emergency department, along with a separate clinic building featuring 18 exam rooms and a rehabilitation center. Located less than five miles from Interstate 70, this prime location offers convenient access to major transportation routes. The property is vacant and presents a unique chance to establish a much-needed healthcare facility in the area. Ideal for various uses including assisted living, urgent care, clinics, or specialized healthcare services. The property is zoned within the City Limits of Boonville, MO (APN: 10-1.0-11-001-006-001.002). A 2018 appraisal valued a fully functional hospital on this site at $7.45 million with 70 licensed beds. The property is being sold free and clear of any liens or encumbrances. Asking price: $2,500,000 ($32.10/sq ft). This is a turnkey opportunity to capitalize on the growing demand for healthcare services in a strategically advantageous location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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