206 College St Farmington, MO 63640
This exceptional commercial property presents a significant investment opportunity in the heart of Farmington, Missouri. Situated on a double lot spanning from College Street to Spring Street, this building offers unparalleled access and visibility. The 0.19-acre lot provides ample space for expansion or additional parking, a valuable asset in a thriving downtown area. The building itself features three convenient overhead doors, perfect for loading and unloading, along with a durable concrete drive ensuring easy access for vehicles of all sizes. The interior space is ready for immediate occupancy or customization to suit a variety of commercial uses. Its prime location on the edge of downtown Farmington offers high foot traffic and excellent exposure to potential customers. The property's versatility makes it suitable for a wide range of businesses, from retail and warehousing to light industrial operations. This is a rare chance to acquire a well-positioned commercial property with significant upside potential in a growing community. Don't miss this chance to secure a valuable asset in a desirable location. The asking price is $225,000. Serious inquiries only.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.