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Property profile & analytics
OFF-MARKET
Commercial real estate

700 Carleton St Farmington, MO 63640

0.39 ac lot Built 1970
Individually Owned 2-yr Hold
Property ID
US48-1191897
Property summary
AI-generated overview

This exceptional 8,000 square foot mixed-use property presents a remarkable investment opportunity in Farmington, Missouri. Located on a high-traffic section of Karsch Blvd, this versatile building boasts excellent visibility and ample parking. Previously used as a church, the main level offers a vast open space ideal for a variety of uses, including events, retail, or creative studios. A fully equipped kitchen and three bathrooms add to its functionality. The upper level comprises six individual offices and two bathrooms, perfect for professional offices or adaptable to a custom design. Adding to the income potential, a two-bedroom apartment is included, suitable for rental income or on-site living. The property sits on a 0.39-acre lot, providing ample space and potential for future expansion or outdoor amenities. Its prime location and flexible layout make this property an attractive proposition for a wide range of businesses and investors. The asking price is $299,900. This is a rare chance to acquire a substantial commercial property in a thriving area with significant upside potential. Don't miss this opportunity to transform this unique building into your next successful venture.

Property profile
Verified
Property type Commercial real estate
Year built 1970
Lot 0.39 ac (16,988 SF)
UPID US48-1191897
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Missouri Operation For Vigorous Eva · 2 yrs held
Missouri Operation For Vigorous Eva
since 2024
2 recorded transactions
2024
Price N/A
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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