Property profile

1821 S Baltimore St Kirksville, MO 63501

FOR SALE
Office buildings
Property ID
US48-2318144
2,106 SF 0.87 ac lot Built 1960
Individually Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This unique commercial property at 1821 S. Baltimore St., Kirksville, MO 63501, offers a compelling investment opportunity. Situated on a prominent corner lot with Highway 63 frontage, this property boasts ample parking and a substantial 108 x 350 foot lot, primarily paved with concrete. The building itself presents a versatile layout, ideal for multiple uses or a single expansive business. The front portion features a three-bedroom residence complete with a kitchen and basement, offering potential for owner-occupancy or rental income. Upstairs, two additional rooms and a bathroom provide further flexibility. The rear of the building currently functions as a showroom and workspace, but its previous configuration as garage stalls suggests adaptability for various automotive or industrial applications. The property's size and location make it suitable for a wide range of commercial ventures, from retail to light industrial, and its highway visibility ensures high traffic exposure. This is a rare opportunity to acquire a substantial property with significant potential in a thriving Missouri community. The property is zoned for commercial use and is ready for immediate occupancy. The asking price is $299,900.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1960
Total area 2,106 SF
Lot 0.87 ac (37,800 SF)
APN 13-05.0-15-002-02-19.000
UPID US48-2318144

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
  • Production Facility Textile Manufacturer
  • Real Estate Agency

Location

1821 S Baltimore St Kirksville, MO 63501
Kirksville metro Census 950502 KIRKSVILLE, MO MICROPOLITAN 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
$315k

Owner & transaction history

since 2023
5 recorded transactions
2023
Price N/A
2023
Price N/A
2012
Price N/A
2010
Price N/A
2009
Price N/A

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
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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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