Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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