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Property profile & analytics

650 Walton Dr Farmington, MO 63640

  • Retail space
  • 14,960 SF
  • 1.40 lot acres
Value Estimation
Location Intelligence
Property ID
US48-1188951
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Retail space

Property Details for 650 Walton Dr

Year built
1998
Lot size
1.40 lot acres
Property size
14,960 SF
Property type
Retail space
APN
09-70-36-02-002-0001.16
APU
9703602002000116

Description

This exceptional commercial property, located at 650 Walton Drive in Farmington, Missouri, presents a significant opportunity for retail entrepreneurs. Boasting nearly 15,000 square feet of space, the building is ideally situated for high visibility and accessibility. The property has undergone recent renovations, resulting in two distinct retail spaces, each equipped with its own bathrooms. A convenient break room is included for staff, along with a sizable stockroom in the rear, complete with a loading dock and overhead door for efficient inventory management. Ample parking is available both in front and behind the building, ensuring convenient access for customers and employees. The 1.4-acre lot provides significant space and potential for future expansion or outdoor amenities. This turnkey property is ready for immediate occupancy and offers a blank canvas for a variety of retail concepts. The strategic location and substantial square footage make this an exceptional investment opportunity in a thriving Farmington market. The existing layout is adaptable to suit a wide range of business needs, offering a flexible and functional space for immediate use. The property's recent rehabilitation ensures a move-in ready condition, minimizing upfront investment and maximizing return. This is a rare opportunity to acquire a well-maintained, high-traffic retail space in a desirable location.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $485,000
  • CAP approach

    CAP return
    Estimation
    6%
    $740,000
    6.5%
    $685,000
    7%
    $670,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $705,000
    Geo Method
    $620,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $565,000
    Retail
    $755,000
    Mixed-Use
    $690,000
    Hospitality
    $605,000
    Educational
    $575,000
    Residential Income
    $710,000
    Energy
    $665,000
    Income-Based Land
    $645,000
    Food Service
    $740,000

Location Insight

  • Map
  • Local Demand
City
Farmington
County
St. Francois
State
Missouri
Longitude
-90.4342
Latitude
37.7878
CBSA code
22100
CBSA name
FARMINGTON, MO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,341
$96,000
$120,260
$216,260
-
$300,000
$375,810
$675,810
More about this property
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