Property profile

3003 N Baltimore St Kirksville, MO 63501

FOR SALE
Retail space
Property ID
US48-2065625
2,880 SF 0.71 ac lot Built 1978
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 3,000 square foot retail storefront, located at 3003 N Baltimore St in Kirksville, Missouri, presents a lucrative investment opportunity. Built in 2023, this single-story building sits on a 0.71-acre lot and is zoned MP-1, offering versatility for a variety of businesses. Currently, the property boasts three units with 33% occupancy, providing immediate income potential and significant upside for future growth. The NNN lease structure minimizes landlord responsibilities, making this a low-maintenance investment. The property's prime location in Adair County, zip code 63501, ensures high visibility and accessibility for customers. With ample outdoor space, there's potential for expansion or additional uses, such as mini-storage. The asking price is $850,000. This is a rare opportunity to acquire a modern, well-located retail property in a growing market. Don't miss out on this chance to secure a strong investment in Kirksville's thriving commercial sector.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1978
Construction FRAME
Total area 2,880 SF
Lot 0.71 ac (30,910 SF)
APN 08-08.0-33-002-01-03.000
UPID US48-2065625

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Courier Service Postal Service

Location

3003 N Baltimore St Kirksville, MO 63501
Kirksville metro Census 950300 KIRKSVILLE, MO MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$380k

Owner & transaction history

since 2021
3 recorded transactions
2022
Price N/A
2021
Price N/A
2010
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
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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
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