909 Franklin St Kirksville, MO 63501-2233
This exceptional 11,500 square foot commercial property located at 909 N Franklin Street, Kirksville, Missouri, 63501, presents a unique investment opportunity. Currently configured as a rental storage and warehouse facility, this adaptable space offers a multitude of potential uses. Zoned for small commercial businesses, the property's history includes uses such as a car lot, auto repair shop, auto detailing, welding shop, paint shop, construction business, and storage. The layout is flexible, allowing for expansion or contraction of units to suit individual needs. The north side of the facility boasts readily available utilities, while the south side is dedicated to storage. The north side currently features units measuring 20x57, 20x64, 20x47, and 20x60 feet. The south side comprises five 24x12 foot units, two 24x20 foot units, one 24x30 foot unit, and one 24x48 foot unit. Units extend from Franklin Street to Elson Street, each secured by sliding lockable gates at either end. The property's versatility makes it ideal for a range of businesses, offering significant potential for future development and adaptation. This prime Adair County location offers excellent visibility and accessibility. The asking price for this versatile commercial property is $220,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.