221 E Whitley St Mexico, MO 65265
For Sale
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This exceptional investment opportunity presents two distinct industrial properties in Mexico, Missouri, sold together as a single package. The main property, located at 221 E Whitley Unit 221, boasts a substantial 2,526 square feet of space situated on a 0.36-acre lot. Previously utilized as assisted living facilities for over three decades, this property offers significant versatility for a wide range of adaptive reuse scenarios. The building features a notable 15 bedrooms distributed across the basement, main floor, and upper level. This presents a unique opportunity for conversion into various commercial or residential uses, subject to local zoning regulations. The second property included in this sale is located at 510 S Washington St, Mexico, MO (MLS# 424203), and is zoned C-1. The combined properties represent a compelling investment prospect, offering significant square footage and a prime location in Mexico, MO. The potential for redevelopment or repurposing is substantial, making this a rare opportunity for buyers seeking a high-value, multi-property acquisition. The properties' history as assisted living facilities provides a solid foundation for future development plans, while the combined acreage and zoning offer considerable flexibility. Serious inquiries are encouraged to explore the full potential of this unique offering.
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
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.