Property profile

902 Grand St Gallatin, MO 64640

OFF-MARKET
Retail space
Property ID
US48-2564235
920 SF 0.4 ac lot Built 1946
Entity Owned 14-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1-story executive office building, situated on a 0.39-acre lot at 902 W Grand Street in Gallatin, Missouri, presents a fantastic investment opportunity. Built in 1960, this property boasts a recent comprehensive renovation, including a new HVAC system, roof, interior doors, fresh paint, updated flooring, and modern windows. The building's excellent condition ensures immediate occupancy and minimal upfront maintenance costs. Its location in a high-traffic area of Gallatin (zip code 64640) provides exceptional visibility and accessibility for any business. The versatile layout is ideal for a variety of office uses, and its adaptable design allows for easy conversion to suit diverse business needs, potentially including retail applications. The asking price is $59,000. This is a rare chance to acquire a move-in ready commercial property in a desirable location. The property was previously listed but is back on the market due to circumstances unrelated to the property itself. Don't miss this chance to own your own business space.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1946
Total area 920 SF
Lot 0.4 ac (17,424 SF)
APN 15-4.2-19-1-02-01
UPID US48-2564235

Cap rate & NOI

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

Location

902 Grand St Gallatin, MO 64640-1609
Gallatin metro Census 470200
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2011
1 recorded transaction
2011
Price N/A

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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