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Property profile & analytics
OFF-MARKET
Warehouses

4024 Hwy 221 Farmington, MO 63640-7817

7,200 SF 2.37 ac lot Built 1996
Individually Owned Absentee Owner Free & Clear
Property ID
US48-1372014
Property summary
AI-generated overview

This exceptional commercial property, located at 4024 Highway 221 in Farmington, Missouri, presents a lucrative investment opportunity. The 0.83-acre lot boasts a prime location with significant road frontage in a high-traffic area, ensuring excellent visibility and accessibility for potential tenants. Currently featuring 28 well-maintained storage units, this property offers immediate income generation. The existing infrastructure provides a solid foundation for continued success, while the available space allows for expansion of the existing storage units or the development of additional commercial ventures. This versatility makes it an ideal investment for both seasoned investors and those seeking a strong entry point into the commercial real estate market. The property's strategic location and potential for growth make it a highly desirable asset in a thriving commercial area. The substantial road frontage ensures high visibility, attracting a large customer base. This is a rare opportunity to acquire a well-established commercial property with significant upside potential in a dynamic market. The existing storage units provide a stable income stream, while the ample space offers flexibility for future development and expansion. Don't miss this chance to own a piece of Farmington's commercial landscape. The asking price is $249,000.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1996
Total area 7,200 SF
Lot 2.37 ac (103,237 SF)
APN 14-10-02-00-000-0044.00
UPID US48-1372014
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
BRETT HENSON
BRETT HENSON
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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