Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    320 Lafayette St Washington, MO 63090-2649

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    320 Lafayette St Washington, MO 63090-2649

    View on Map
    • Office buildings
    • 2,970 SF
    • 0.10 lot acres
    Off-Market
    Property ID
    US48-0000516
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 320 Lafayette St

    Year built
    1853
    Lot size
    0.10 lot acres
    Property size
    2,970 SF
    Property type
    Office buildings
    APN
    10-5-22.0-1-078-320.000
    APU
    1052201078320000

    Description

    This beautifully renovated two-story commercial building at 320 Lafayette Street in Washington, Missouri presents a unique investment opportunity. Originally constructed with undeniable character, a complete renovation in 2018 masterfully blended historic charm with contemporary functionality. The building boasts a striking custom wood staircase, exposed brick walls adding to its unique aesthetic appeal. The versatile floor plan offers multiple private offices and conference rooms, ideal for a variety of professional uses. A convenient kitchenette, one full bathroom, and one half bathroom cater to the needs of occupants and clients. Ample parking is available on-site for up to three vehicles. Situated in the heart of downtown Washington, MO, this property benefits from high visibility and easy access to local amenities. The 0.1-acre lot provides a manageable footprint for this exceptional building, priced at $650,000. This is an exceptional opportunity to acquire a sophisticated and functional commercial property in a desirable location. The blend of historic elegance and modern convenience makes this building a truly unique offering. The property's prime location and versatile layout make it suitable for a wide range of businesses seeking a prestigious address.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    Franklin
    State
    Missouri
    Longitude
    -91.0131
    Latitude
    38.5578
    CBSA code
    41180
    CBSA name
    ST. LOUIS, MO-IL METROPOLITAN 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
    $2,206
    $0.00
    $0.00
    $38,866
    -
    $43,900
    $160,660
    $204,560

    Comparable in this City

    • Value Estimation by Request
      2,000 SF

      802 Rainbow Dr

      PROFESSIONAL BUILDING • 2,000 SF
      802 Rainbow Dr, Washington, MO 63090-4715
      View Details
    • Value Estimation by Request
      4,753 SF

      1713 Madison Ave

      PROFESSIONAL BUILDING • 4,753 SF
      1713 Madison Ave, Washington, MO 63090-4900
      View Details
    • Value Estimation by Request
      8,372 SF

      438 Frnt St

      OFFICE BUILDING (MULTI-STORY) • 8,372 SF
      438 Frnt St, Washington, MO 63090-2103
      View Details
    • Value Estimation by Request
      3,588 SF

      113 Elm St

      PROFESSIONAL BUILDING • 3,588 SF
      113 Elm St, Washington, MO 63090-2112
      View Details
    • Value Estimation by Request
      1,080 SF

      513 5th St

      OFFICE BUILDING (MULTI-STORY) • 1,080 SF
      513 5th St, Washington, MO 63090-2205
      View Details
    • Value Estimation by Request
      61,740 SF

      423 Ww Industrial Park Dr

      OFFICE (GENERAL) • 61,740 SF
      423 Ww Industrial Park Dr, Washington, MO 63090-1042
      View Details

    Similar Nearby for Sale

    • $1,425,000
      7,500 SF

      Office Building with Highway Access

      7,000 SF office building with ample parking and visibility.
      1080 Caroline Dr, Washington, MO 63090
      View Details
    • $1,425,000
      7,500 SF

      Office Building with Highway Access

      7,000 SF office building with ample parking and visibility.
      1080 Caroline Dr, Washington, MO 63090
      View Details
    • $355,000
      0.02 Acres

      Charming Commercial Building in Washington, MO

      Updated 3-story commercial building with high traffic and excellent visibility.
      202 E 5Th St, Washington, MO 63090
      View Details
    • $192,000
      0.50 Acres

      High-Visibility Commercial Lot with Potential

      Versatile commercial property with live/work possibilities on high-traffic roadway.
      1853 Highway A, Washington, MO 63090
      View Details
    • $785,000
      4,059 SF

      Downtown Washington MO Retail/Office Space

      Prime downtown location with multiple rental units and river views.
      11 W Main A B, Washington, MO 63090
      View Details
    • $3,125,000
      3,243 SF

      125-Acre Farmhouse Near Washington, MO

      Incredible 1880s farmhouse on 125 acres near Washington, Missouri.
      399 Brinker Trl, Washington, MO 63090
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,100 SF

      Accessible Office Suite For Rent

      1,100 SF office suite with ample natural light.
      901 W 14Th St, Washington, MO 63090
      View Details
    • $1,850 /Mo

      Downtown Washington Commercial Space Available

      Modern office/retail space in historic downtown Washington, Missouri.
      206 Lafayette St, Washington, MO 63090
      View Details
    • $3,600 /Mo

      1351 Jefferson St, Unit 204

      Washington, Missouri, Position your business for success (204)
      1351 Jefferson St, Washington, MO 63090
      View Details
    • $5,405 /Mo

      1351 Jefferson St, Unit 206

      Washington, Missouri - Discover your business’s next home (206)
      1351 Jefferson St, Washington, MO 63090
      View Details
    • Contact for pricing

      Retail Endcap in Washington, Missouri

      7,821 SF retail sublease opportunity in growing Washington market.
      93 Washington Heights Dr, Washington, MO 63090
      View Details
    • Contact for pricing
      3,000 SF

      Retail Space at High-Volume Intersection

      Retail space available at a high-traffic intersection with ample parking.
      810-860 Washington Cors, Washington, MO 63090
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    320 Lafayette St
    Washington, MO 63090-2649
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!