801 Grand St, Gallatin, MO 64640-1607
This exceptional value-add opportunity presents a 12,000 square foot warehouse situated on a 2.06-acre lot in Gallatin, Missouri. The property, located at 801 W Grand St, 64640, consists of three buildings, offering significant versatility. Built in 1957, the solid brick structure features a large, climate-controlled front area ideal for retail or office space, complemented by two roll-up garage doors. With 30 parking spaces and 100% occupancy under an Absolute NNN lease, this single-tenant property provides immediate income potential. The expansive lot allows for future expansion, making it an attractive option for owner-users or investors seeking a Class C industrial property. The asking price is $300,000, translating to $25 per square foot. This high-traffic location ensures excellent visibility and accessibility for any business. The property's multiple structures and ample parking further enhance its appeal and functionality. This is a rare opportunity to acquire a well-maintained, versatile commercial property in a desirable 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
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.