681 Lincoln Dr, Troy, MO 63379-2835
This exceptional commercial property, situated on a generous 2.05-acre lot in Troy, Missouri, presents a remarkable opportunity for business owners and investors alike. The property boasts a substantial 7800 square foot building, currently housing two separate businesses, offering immediate income potential or the flexibility to adapt to your specific needs. Its strategic location just off Highway 61 and the South Lincoln roundabout ensures high visibility and convenient access for customers and employees. Ample parking is available, accommodating both current tenants and future expansion. The property's zoning as Light Industrial District opens up a wide range of possibilities. The existing building features a convenient drive-in door at the rear, enhancing operational efficiency. A security system is in place for added peace of mind. City water and sewer services are connected, with a second sewer hookup already installed for the rear 1+ acre parcel, providing significant potential for future development. This additional acreage offers the possibility of constructing a second building, expanding existing operations, or even developing multi-family units, subject to local regulations and approvals. The sale includes the building and land only. This is an exceptional opportunity to acquire a well-located, versatile commercial property with significant growth potential.
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.