Property profile

221 E Whitley St Mexico, MO 65265

FOR SALE
Assisted living facilities
Property ID
US48-2220686
2,526 SF 0.36 ac lot Built 1945
Individually Owned 21-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1945
Total area 2,526 SF
Lot 0.36 ac (15,840 SF)
APN 19-7-26-1-013-016
UPID US48-2220686

Cap rate & NOI

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

Location

221 E Whitley St Mexico, MO 65265
Mexico metro Census 950400 MEXICO, 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
$265k

Owner & transaction history

since 2005
1 recorded transaction
2005
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message