799 South Prairie Lane, Marshfield, MO 65706

$899,000
Property Type: Commercial-All Types Baths: 5 Square Footage: 11,792 Lot Size (sq. ft.): 269,201 Status: Closed
Current Price: $899,000 List Date: 6/13/2023 Last Modified: 10/17/2023

Description

Prime Marshfield, MO 6.18 acre +/- property with two buildings located within a popular industrial park and only minutes from Interstate 44 & close to US Highway 65 near Springfield, MO. Building 1 is a 6,000 sq ft footprint with 3,840 sq ft of warehouse space and 2160 sq ft of office space on the main level and an additional 1872 sq ft of office space in the upper level. It has 2 - 12'x12' overhead doors, is free span and has a 20' max ceiling height. Building 2 is a 5,300 sq ft footprint and has 3500 sq ft of warehouse space & an additional 1800 sq ft under roof with a concrete floor. This could easily be finished into enclosed space. It has 2 - 14'x14' overhead doors, is free span and has a 19' max ceiling height. There are a total of 5 offices, 5 restrooms, 2 break rooms, 1 conference room and a nice reception/front desk area as well as an outside loading dock. This property should produce a CAP rate of around 7% for investors at a conservative $5.50 sq ft. This large parcel provides a considerable amount of outside space for parking and/or storage which could be leased to improve the CAP rate even more. The unimproved land could be developed for more lease space, or owner/operator use.

More Information MLS# 60244820

Contract Information

Construction Status: Existing Transaction Type: Sale List Price/SqFt: 76.24 Foreclosure/Short Sale: No Property Sub-Type: Industrial Begin Date: 2023-06-13 List Price: $899,000 Agreement Type: Exclusive Right To Sell

Location, Tax and Other Information

Inside City Limits: Yes RE Tax Provided By: Assessor Records

General Property Description

SqFt - Vacant: 0 SqFt - Office Space: 4032 SqFt - Retail Space: 0 SqFt - Warehouse: 7340 Waterfront/View: None Lake/River: None Baths - Total: 5 SqFt Provided By: C Total SqFt: 11792 Aprx Year Built: 2012 Aprx Lot Size (Acres): 6.18 Lot Dimensions: Acres

Status Change Info

Price Disclosed: Yes Status: Closed Under Contract Date: 2023-08-17 Sold Date: 2023-10-16

How to Show

Call Listing Agent: 1

Business Type

Distribution: 1 Manufacturing: 1 Warehouse: 1 Other-See Remarks: 1

Cooling

Central: 1 Electric: 1

Heating

Gas: 1

Land Status

Land Included: 1

Miscellaneous

3 Phase: 1 Additional Building(s): 1 Clear Span: 1 Garage Bay(s): 1 Private Restrooms: 1 Public Restrooms: 1 Security System: 1

Parking

20+ Spaces: 1 Gravel: 1 Parking Area: 1

Roof

Metal: 1

Utilities Available

Electric: 1 Gas: 1 Public Sewer: 1 Public Water: 1

Dock High Loading

Three+ Doors: 1

Grade Level Loading

12 Ft High Door: 1 14+ Ft High Door: 1 12 Ft Wide Door: 1 14+ Ft Wide Door: 1 Three+ Doors: 1

Closing Info

Lender Name: Oakstar Bank

Location Tax and Other Information

Street #: 799 Street Direction: South Street Name/Route: Prairie Suffix: Lane County: Webster State/Province: MO Zip Code: 65706 Parcel ID: 113008000000007000 Real Estate Tax: 10543.49 Tax Year: 2022 Legal Description: LT 3 REPLAT LTS 3 & 4 OF REPLAT LT 1 OF REPLAT LT 4 MARSHFIELD INDUSTRIAL PARK PHASE I

Remarks Misc

Directions: Take exit #100 off I-44 and go south on MO-38 to US Rt 66 (Washington St) and go west. Drive .7 miles to Prarie Ln and go south to property.

Property Features

How to Show: Call Listing Agent Business Type: Distribution; Manufacturing; Warehouse; Other-See Remarks Cooling: Central; Electric Heating: Gas Land Status: Land Included Miscellaneous: 3 Phase; Additional Building(s); Clear Span; Garage Bay(s); Private Restrooms; Public Restrooms; Security System Parking: 20+ Spaces; Gravel; Parking Area Roof: Metal Utilities Available: Electric; Gas; Public Sewer; Public Water Dock High Loading: Three+ Doors Grade Level Loading: 12 Ft High Door; 14+ Ft High Door; 12 Ft Wide Door; 14+ Ft Wide Door; Three+ Doors
Listing Office: Murney Associates - Primrose
IDX
Last Updated: October - 17 - 2023
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