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Property profile & analytics
OFF-MARKET
Commercial real estate

197 Mccleary Rd Excelsior Springs, MO 64024-8490

1.92 ac lot
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US48-1002416
Property summary
AI-generated overview

This exceptional 10,000-square-foot medical office building, located at 197 S. McCleary Road in Excelsior Springs, Missouri, presents a unique investment opportunity. Priced at $2,000,000 ($200 per square foot), this turnkey facility is situated on a generous 1.92-acre lot and offers a flexible floor plan ideal for a variety of medical practices. The building boasts convenient access to US-69 Highway, ensuring excellent visibility and accessibility for patients and staff. Further enhancing its functionality is a backup generator, providing peace of mind during power outages. The property also includes an adjacent 0.93-acre parcel, offering potential for future expansion or development. The building is currently available for purchase, or lease at a rate of $14.00 per square foot, triple net (NNN), with availability anticipated in the first quarter of 2025. This prime location in Clay County, zip code 64024, offers a thriving market for medical services. The property's features and strategic location make it an attractive investment for both owner-occupiers and investors seeking a stable, high-demand asset. Don't miss this opportunity to acquire a well-established medical office building in a desirable Missouri community.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.92 ac (83,635 SF)
APN 12-215-00-07-001-01
UPID US48-1002416
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Fortes Et Liber Re Holdings Mo LLP · 1 yrs held
Fortes Et Liber Re Holdings Mo LLP
since 2025
1 recorded transaction
2025
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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