921 Jefferson Ave Lebanon, MO 65536
Property Lookup
Property profile & analytics
921 Jefferson Ave Lebanon, MO 65536
- Theaters & concert halls
- 20,705 SF
Property ID
US48-2729906
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Theaters & concert halls
Property Details for 921 Jefferson Ave
- Year built
- 1992
- Property size
- 20,705 SF
- Property type
- Theaters & concert halls
- APN
- 13-1.0-11-004-009-017.901
- APU
- 131011004009017901
Description
This exceptional investment opportunity presents the chance to acquire the Lebanon Ritz 8 theatre building, situated on a 1.45-acre lot at 921 S Jefferson, Lebanon, MO. Built in 1992, this landmark property boasts a long-standing lease with the current tenant, extending through September 30, 2029, with built-in renewal options and rent increases every five years. The property offers a compelling over 8% capitalization rate, promising strong returns for long-term investors. As the only theatre in a thriving town, the Lebanon Ritz 8 enjoys a secure position within the community, ensuring consistent cash flow. The building's maintenance responsibilities are clearly defined, with the lessor solely responsible for land taxes and roof upkeep. The current tenant has maintained a consistent presence for over 30 years, demonstrating the property's enduring appeal and stability. This sale includes a one-third ownership stake in the adjacent parking lot, adding further value to this attractive investment. The property's proven track record, long-term lease, and strategic location make it an exceptional opportunity for investors seeking substantial and reliable returns. This is a rare chance to acquire a well-established, cash-flowing commercial property in a growing market. The financial details clearly indicate a highly attractive deal for discerning investors.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Lebanon
- County
- Laclede
- State
- Missouri
- Longitude
- -92.6553
- Latitude
- 37.6717
- CBSA code
- 30060
- CBSA name
- LEBANON, MO MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,257
$0.00
$0.00
$169,310
-
$0.00
$529,100
$529,100
