900 Hwy 42 Iberia, MO 65486-9352
This exceptional commercial property, located at 900 Hwy 42 in Iberia, Missouri, presents a rare opportunity for business owners seeking high visibility and convenient access. The 960-square-foot building sits on a 0.25-acre lot at the intersection of Highways 17 and 42, directly across from Iberia High School. This strategic location ensures significant daily traffic exposure, benefiting from both commuter and school-related activity. Completely remodeled in 2021, the property boasts a modern interior featuring new wiring, roof, siding, insulation, windows, flooring, and paint. Modern upgrades also include pre-installed wiring for a security system, audio system, and ethernet connectivity, providing a technologically advanced workspace. The open and adaptable layout offers considerable flexibility for a variety of business uses, from retail to office space. A large parking lot provides ample space for customers and employees, enhancing accessibility and visibility from the highway. This property is ideal for entrepreneurs seeking a thriving location within a close-knit community, offering excellent potential for growth and success. The asking price is $249,900. This is a truly unique opportunity to establish or relocate your business in a high-traffic, highly visible location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.