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Property profile & analytics
FOR SALE
Medical Office Space

820 S Illinois Ave Republic, MO 65738

6,600 SF 0.82 ac lot Built 1998
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US48-0949307
Property summary
AI-generated overview

This vacant, 4,460-square-foot Class B medical office condo is available for sale in Republic, Missouri, at $802,800 ($180/SF). Located at 820 S Illinois Ave, in Greene County, this single-tenant property is zoned for commercial use. The space boasts a spacious lobby with reception and ample file storage, ideal for a medical practice. Three executive offices provide ample administrative space, complemented by three restrooms and multiple storage closets. The property is well-equipped for medical use, featuring two nurse stations, a dedicated lab room, a procedure room, and a large break room with a full kitchenette. Seven exam rooms, each with a built-in workstation and sink, offer significant capacity for patient care. This turnkey medical office condo presents a unique opportunity for established or emerging medical professionals seeking a well-appointed space in a convenient location. The property is currently vacant, allowing for immediate occupancy and customization to suit the buyer's specific needs. The asking price reflects a competitive price per square foot in the Republic market. This is a prime opportunity to acquire a fully functional medical office space ready for immediate use. The property's location in Republic, Missouri, offers easy access to major roadways and a growing patient base.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1998
Total area 6,600 SF
Lot 0.82 ac (35,806 SF)
Zoning code INC
APN 88-17-30-200-083
UPID US48-0949307
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
Current use
Occupant on record · Public records
  • Sharon Igou Physician
  • Aaron Buzard Pediatrician Physician
  • Sharon Kay Igou, FNP Physician
  • Sherrie J Ament-Sturtevant, FNP Physician
  • Dr. Corbin S. Vandewege, MD Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Jf21 LLC · 2 yrs held
Jf21 LLC
since 2023
2 recorded transactions
2023
Price N/A
2022
Price N/A
Zoning & alternative use
INC · Republic, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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