429 Walnut St Nevada, MO 64772-2436
- Office buildings
- 5,150 SF
- 0.59 lot acres
Current Use by Public Records
- Office buildings
Property Details for 429 Walnut St
- Year built
- 1973
- Lot size
- 0.59 lot acres
- Property size
- 5,150 SF
- Property type
- Office buildings
- APN
- 18-2.0-04-403-000-024.000
- APU
- 182004403000024000
Description
This exceptional investment opportunity presents a 1-story, 5,000 sq ft brick office building situated on a 26,136 sq ft lot at 429 E Walnut Street, Nevada, MO 64772. Constructed in 1973 with superior building techniques, this property boasts multiple HVAC systems, ample electrical capacity, common area bathrooms, and a reception area. The building's layout allows for potential subdivision into three separate units, each with independent metering. Currently, a month-to-month tenant occupies approximately 1,000 sq ft and desires to remain. The interior requires renovation, presenting a chance for value enhancement. This probate sale requires judicial approval, with a minimum 10-day contract review period. The asking price of $145,000 represents a significant value proposition, considering the cost of comparable new construction. This property offers a compelling opportunity for long-term ownership or a potential flip for savvy investors. Bring all offers! The property was previously occupied by the Department of Transportation.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Nevada
- County
- Vernon
- State
- Missouri
- Longitude
- -94.3519
- Latitude
- 37.8394
