502 W Markey Rd Belton, MO 64012
For Sale
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This exceptional 1.17-acre commercial property at 502 W Markey Road, Belton, MO, presents a unique investment opportunity. Situated on a busy corner lot and zoned C-2 General Commercial, this building is ideally suited for a variety of uses, including daycare centers, professional offices, or medical practices. Previously a government building, its construction mirrors that of a school, providing a robust and durable structure. The interior has undergone a complete transformation, featuring seven generously sized offices, two restrooms, and a modern kitchen equipped with brand-new appliances. Ample storage space is also available. Significant upgrades have been completed throughout, including a new electrical service with an upgraded breaker panel, brand new plumbing, a state-of-the-art heating and cooling system with a new water heater, and attractive new lifetime LVP flooring. The property also boasts a new drop ceiling, fresh paint throughout, custom kitchen cabinets and countertops, and modern finishes. Exterior improvements include a freshly sealed roof, new gutters, and fresh exterior paint. This turnkey property offers immediate occupancy and is ready for its next chapter. Its prime location ensures high visibility and accessibility, making it an attractive proposition for any business seeking a well-maintained and updated space. The asking price is $749,000. Don't miss this chance to acquire a highly desirable commercial property in a thriving Belton location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.