Property profile

313 S Ohio Ave Sedalia, MO 65301

FOR SALE
Retail space
Property ID
US48-2427057
3,080 SF 0.05 ac lot Built 1890
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional mixed-use property in historic downtown Sedalia, Missouri, presents a compelling investment opportunity. The 3,000-square-foot building, situated on a 0.05-acre lot at 313 S Ohio Ave, 65301, offers a blend of retail and multifamily space, perfectly suited for an owner-user. The building features 1,500 square feet per floor, providing ample space for various uses. Recent renovations in 2016 and 2023 ensure the property is in excellent condition. Currently fully leased, it boasts a strong 8.20% capitalization rate with a net operating income (NOI) of $100,000, making it an attractive investment. Its prime location in the heart of downtown Sedalia places it within walking distance of the county courthouse and surrounded by a vibrant mix of restaurants, hotels, and other retail businesses. This property offers a unique combination of income generation and potential for future growth in a thriving downtown area. The asking price is $259,000. This is a rare opportunity to acquire a well-maintained, high-performing mixed-use property in a desirable location.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1890
Total area 3,080 SF
Lot 0.05 ac (1,980 SF)
APN 15-2.0-04-1-44-008.000
UPID US48-2427057

Cap rate & NOI

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

Location

313 S Ohio Ave Sedalia, MO 65301
Sedalia metro Census 480900 SEDALIA, MO MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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