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31586108
31586109

3350 Highway O, Lot 2,, Park Hills, MO 63601 For Sale

CD
MO MO 2013013345
RE/MAX Best Choice
Listed by RE/MAX Best Choice
$475,000
104 days on market
Updated 78 days ago

Lot 2 - 3350 Highway O

Details
Property Type Self Storage
Sub Type n/a
Units 44
Cap Rate 2.02%
NOI $9,600
Tenancy Vacant
Pro-Forma Cap Rate 2.76%
Pro-Forma NOI $13,100
Broker Co-Op Yes
Buildings 2
Stories 1
Acreage 3.000
Investment Type Value Add
Occupancy Date 04/09/2026
Ceiling Height 10
Ownership PRivate

Self Storage Buildings ready to start filling up!

Marketing description

Don’t miss this rare opportunity to own a highly versatile commercial property located just off Highway 67, north of the Leadington exit and directly across from Mineral Area College, offering excellent visibility and accessibility in a high-traffic area. Income streams include a billboard generating $2,400 annually and a cell tower bringing in $7,200 per year. WE HAVE A QUALIFIED BUYER FOR THE CELL TOWER so you could buy the property and sell the cell tower at closing and use for your down payment! Call for details! The property also includes two separate buildings with a total of 44 self-storage units which are currently vacant and could be rented to increase the cash flow by upwards of $3500/month. There is also an area with existing hookups for a modular home, adding to its versatility. With its strategic city location, high-traffic exposure, and highway frontage, this property is a rare find. Incredible investment opportunity! Possible creative financing opportunity for a qualified buyer!

Investment highlights

Don’t miss this rare opportunity to own a highly versatile commercial property located just off Highway 67, north of the Leadington exit and directly across from Mineral Area College, offering excellent visibility and accessibility in a high-traffic area. Income streams include a billboard generating $2,400 annually and a cell tower bringing in $7,200 per year. WE HAVE A QUALIFIED BUYER FOR THE CELL TOWER so you could buy the property and sell the cell tower at closing and use for your down payment! Call for details! The property also includes two separate buildings with a total of 44 self-storage units which are currently vacant and could be rented to increase the cash flow by upwards of $3500/month. There is also an area with existing hookups for a modular home, adding to its versatility. With its strategic city location, high-traffic exposure, and highway frontage, this property is a rare find. Incredible investment opportunity! Possible creative financing opportunity for a qualified buyer!

Listing Contacts

CD
MO MO 2013013345
RE/MAX Best Choice
Listed by RE/MAX Best Choice

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$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$9,600.00
$800.00/mo

Valuation Metrics

0
DSCR
2.02%
Cap Rate
2.02%
ROI

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Additional Information

Name
Cort Dietz
License
MO 2013013345
Brokerage
RE/MAX Best Choice
Title
Broker/Associate
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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