2510 Baltimore St Kirksville, MO 63501-1922
Property profile & analytics
2510 Baltimore St Kirksville, MO 63501-1922
- Commercial real estate
- 5,724 SF
- 2.10 lot acres
Property ID
US48-1872715
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Tidal Wave Auto Spa | Car Wash / Car Wash
Property Details for 2510 Baltimore St
- Year built
- 2005
- Lot size
- 2.10 lot acres
- Property size
- 5,724 SF
- Property type
- Commercial real estate
- APN
- 08-08.0-33-004-01-04.006
- APU
- 8080330040104006
Description
This exceptional investment opportunity presents a thriving Tidal Wave Auto Spa in Kirksville, Missouri. The property, located at 2510 N Baltimore St, boasts 3,465 square feet on a 2.1-acre lot and benefits from a 20-year triple-net (NNN) lease commencing December 28, 2022, with a remaining term of approximately 18.1 years. The current annual net operating income (NOI) is $360,000, representing a 6.55% capitalization rate. The lease includes annual rent increases of 2% starting in year seven, ensuring consistent growth. This car wash is situated in a high-traffic area with over 15,600 vehicles passing daily on N Baltimore St, surrounded by major retailers including Walmart, Aldi, Hobby Lobby, and more. The strong local economy is further bolstered by the presence of Truman State University and A.T. Still University, contributing to a robust consumer base with average household incomes exceeding $71,200 within a one-mile radius. Proximity to the Kirksville Regional Airport, averaging over 113 flights weekly, adds to the property's strategic location. This is a turnkey investment with exceptional potential for long-term returns. The property is 100% occupied and offers a secure, passive income stream. The asking price is $5,496,183.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Kirksville
- County
- Adair
- State
- Missouri
- Longitude
- -92.5821
- Latitude
- 40.2189
- CBSA code
- 28860
- CBSA name
- KIRKSVILLE, MO MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,727
$80,840
$21,910
$102,750
-
$252,610
$68,480
$321,090
