Property profile

801 Grand St Gallatin, MO 64640

OFF-MARKET
Retail space
Property ID
US48-2770847
6,000 SF 2.1 ac lot Built 1957
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

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

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1957
Total area 6,000 SF
Lot 2.1 ac (91,476 SF)
APN 15-4.2-19-1-01-15
UPID US48-2770847

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

801 Grand St Gallatin, MO 64640-1607
Gallatin metro Census 470200
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$350k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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