Technical
Financial
Distress signals
Property profile

315 N Albany Ave Bolivar, MO 65613

FOR SALE
Warehouses
Property ID
US48-2914635
4,788 SF
Individually Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 6,700 square foot industrial building, situated on a 0.43-acre corner lot in the heart of Bolivar, MO, presents a unique investment opportunity. The property, rezoned in 2021 for general commercial use, offers significant versatility. The ground floor encompasses over 4,800 square feet, featuring a kitchen, three offices, and two bathrooms – ideal for a variety of commercial ventures. The second floor adds another 1,845 square feet of space, complete with plumbing already in place for a full bath and kitchen. This upper level could easily be converted into a loft apartment, expanding the property's potential uses. The building's prime location ensures high visibility and accessibility, benefiting from excellent traffic flow and ample parking. Its historic character adds to its charm and appeal, making it a recognizable landmark within the city. The property is being sold in "As-Is" condition. This presents a chance to acquire a substantial commercial space with significant potential for redevelopment and adaptation to suit a wide range of business needs. The building's size and location make it an attractive option for retail, office space, or ministry use, among other possibilities.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Total area 4,788 SF
APN 89-11-0.1-01-003-016-001.00
UPID US48-2914635

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
  • Discount Store
  • Theater & Performing Art Venue

Location

315 N Albany Ave Bolivar, MO 65613
Bolivar metro Census 960202 SPRINGFIELD, MO METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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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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