Property profile

220 N Cedar Ave Republic, MO 65738

FOR SALE
Office buildings
Property ID
US48-0440336
7,988 SF 0.79 ac lot Built 2005
Individually Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 7,988 square foot commercial property at 220 N Cedar Avenue in Republic, Missouri presents a fantastic opportunity for a variety of businesses. Strategically located north of Highway 174 and off Highway 60, this building enjoys high visibility and convenient access. The property sits on a 0.79-acre lot and boasts four convenient entrances directly from the parking lot, enhancing accessibility for clients and employees. The interior layout is versatile and includes a welcoming reception/lobby area, multiple office spaces suitable for various uses (including large and small offices or classrooms), a functional kitchen area, and laundry facilities. The building's adaptability is further enhanced by its potential for easy subdivision, making it ideal for multiple tenants or a single large operation. A fenced outdoor space adds extra utility and appeal. The building's previous use as a daycare center speaks to its suitability for businesses requiring ample space and adaptable layouts. Its prime location across from a storage facility, apartment complex, and a Crossfit gym ensures high foot traffic and visibility, creating a strong potential for business growth. Priced at $764,000, this property offers a compelling investment opportunity in a thriving community.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2005
Total area 7,988 SF
Lot 0.79 ac (34,587 SF)
Zoning code INC
APN 88-17-19-201-031
UPID US48-0440336

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

220 N Cedar Ave Republic, MO 65738
Republic metro Census 4803 SPRINGFIELD, MO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$360k

Owner & transaction history

since 2024
1 recorded transaction
2024
$415,000

Zoning & alternative use

INC · Republic, MO

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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More about this property
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