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    Property profile & analytics
    OFF-MARKET Estimated value $710,000
    Strip malls

    2400 Baltimore St, Kirksville, MO 63501-5113

    22,440 SF 5.3 ac lot Built 2000
    Entity Owned 7-yr Hold Free & Clear
    Property ID
    US48-2117463
    Property summary
    AI-generated overview

    This exceptional 0.5-acre commercial development site, totaling 23,520 square feet, presents a lucrative investment opportunity in Kirksville, Missouri. Located at 2400 N. Baltimore St., this outlot enjoys a high-visibility position near Kirksville Centre, a shopping center anchored by strong, long-term tenants including Hibbett Sports and Rent-a-Center. The property's strategic location benefits from the proximity of a Walmart Supercenter, ensuring consistent high traffic flow. Further enhancing its appeal, a newly developed retail center anchored by Hobby Lobby and Marshalls is situated directly across the street. This vibrant retail corridor is further bolstered by the presence of two major universities in Kirksville: Truman State University and A.T. Still University, contributing to a robust and diverse consumer base. The property is available for sale or ground lease, offering flexibility for potential developers seeking to capitalize on this prime retail location in a thriving market. The site's size and location make it ideal for a variety of retail developments, catering to the needs of the local community and the significant student population. This is a rare opportunity to acquire a highly desirable outparcel in a well-established and growing retail area.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 2000
    Total area 22,440 SF
    Lot 5.3 ac (230,868 SF)
    APN 08-08.0-33-004-01-04.009
    UPID US48-2117463
    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
    Current use
    Occupant on record · Public records
    • 12M Payday Loans Loan Service
    • Kirksville Heights Apartment Building
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $710k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $710k
    Owner & transaction history
    Mrp Kirksville LLC · 7 yrs held
    Mrp Kirksville LLC
    since 2018
    2 recorded transactions
    2018
    2012
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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