4024 Hwy 221 Farmington, MO 63640-7817
- Warehouses
- 7,200 SF
- 2.37 lot acres
Current Use by Public Records
- Warehouses
Property Details for 4024 Hwy 221
- Year built
- 1996
- Lot size
- 2.37 lot acres
- Property size
- 7,200 SF
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 14-10-02-00-000-0044.00
- APU
- 14100200000004400
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Farmington
- County
- St. Francois
- State
- Missouri
- Longitude
- -90.4563
- Latitude
- 37.7671
- CBSA code
- 22100
- CBSA name
- FARMINGTON, MO MICROPOLITAN STATISTICAL AREA
