581 Cherry St, Troy, MO 63379
This exceptional commercial property at 581 E Cherry Street in Troy, Missouri, presents a unique opportunity for business expansion. Situated on a 0.34-acre corner lot in the heart of town, this building boasts unparalleled visibility and high traffic counts. A complete remodel in 2021 included a new roof and HVAC system, ensuring energy efficiency and low maintenance. The approximately 1700 square feet of finished office space features tasteful neutral finishes, two large offices, a conference room, a kitchenette, and three bathrooms. Ample open space is ideal for retail displays or additional office areas. An added benefit is approximately 1700 square feet of unfinished space, perfect for expansion, storage, or inventory. A warehouse with a drive-in door facilitates easy service access and deliveries. A detached garage, also featuring a new roof and siding, provides additional storage. The exterior showcases color-changing permanent lighting, enhancing nighttime visibility and creating a striking presence. The building is being sold as-is
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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.