302 E 3Rd St Lowry City, MO 64763
This 8,000 square foot lot at 302 E 3rd Street in Lowry City, Missouri, presents a unique investment opportunity. The property, built in 1960, is a single-story building previously used as a car wash and storefront. Currently zoned B-1 Neighborhood Business, it allows for diverse uses, including single-family residential, duplexes, and various businesses. While previously operating as a car wash and laundromat (closed May 2022), some equipment has been removed. The sellers have no operational income/expense records available. A new roof will be installed at the full asking price. Financing is available with a $5,000 down payment, 10% interest, and up to a 30-year amortization. Note: Financing is not offered to buyers intending to operate a car wash or laundromat. This prime corner location offers significant potential for redevelopment or repurposing. The property's versatility and flexible zoning make it an attractive option for a variety of uses. The convenient location in Lowry City, MO (zip code 64763) provides easy access to local amenities and transportation. This is a rare opportunity to acquire a substantial property in a desirable location at an attractive price.
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
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.