18158 Highway 59 Neosho, MO 64850

Property Details for 18158 Highway 59

Year built

2021

Lot size

1.00 lot acres

Property size

5,490 SF

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a 44-unit self-storage facility ideally situated on Highway 59, just south of Walmart and outside Neosho city limits, Missouri. The property boasts a substantial 5,490 square feet of building space on a one-acre lot, offering significant potential for growth and profitability. Currently generating over $32,000 in gross annual income at full occupancy, this facility benefits from a high-traffic location with over 5,000 vehicles passing daily on Highway 59/Bus 49. The absence of zoning or use restrictions provides flexibility for future expansion or operational adjustments. This is a turnkey operation, perfect for an owner-operator seeking a lucrative, low-maintenance investment. The building is relatively new, minimizing immediate capital expenditure needs. The strategic location near a major retailer like Walmart ensures high visibility and convenient access for potential customers. This property represents a rare chance to acquire a well-established, income-producing asset in a thriving area with minimal regulatory hurdles. The high daily traffic count on the highway guarantees consistent exposure to a large potential customer base. The substantial annual income stream, coupled with the property's prime location and lack of restrictive regulations, makes this an attractive proposition for investors seeking a strong return on investment. The one-acre lot offers potential for future expansion or additional development, further enhancing the long-term value of this asset. This is a truly exceptional opportunity to own a profitable and well-positioned self-storage facility.

Location Insight

City

Neosho

County

Newton

State

Missouri

Longitude

-94.39587

Latitude

36.81341