For Sale
$1,295,000

2306 Oakland Gravel Rd Columbia, MO 65202

High-yield multi-unit warehouse investment.

Overview

Added:
Dec 11, 2024
Days on market:
126
This Columbia, Missouri industrial property offers a compelling investment opportunity with seven individual warehouse/shop units totaling 8,128 square feet on a 2.07-acre lot. Located at 2306 Oakland Gravel Rd, 65202, this property boasts a gross potential income of $118,500, translating to a 7.20% cap rate. The asking price is $1,295,000, or $185,000 per unit, with a price per square foot of $159.33. The property is zoned for industrial use and features a large fenced-in work yard. The existing design allows for the potential addition of further units, enhancing future income potential. Leases are gross, and the property is currently multi-tenant. This is an excellent opportunity for investors seeking a strong return in a desirable location. The property is ready for immediate income generation. Serious inquiries only.

Highlights

  • $1,295,000 asking price for a 7-unit warehouse complex in Columbia, MO.
  • 8,128 square feet total, with 8,128 square feet of net rentable space.
  • 7 individual units, each priced at $185,000.
  • Located on a 2.07-acre lot at 2306 Oakland Gravel Rd, Columbia, MO 65202.
  • Gross lease type with a 7.20% cap rate and $159.33 price per square foot.
  • Zoned for industrial use; features a large fenced yard and potential for expansion.

Property Details for 2306 Oakland Gravel Rd

Property type
Warehouses, Industrial properties
Square Feet
8,128 SF
Lot Size (sq. ft)
90,169 SF
Units
7

Location Insight

City
Columbia
County
Boone
State
Missouri
Latitude
38.9751317
Longitude
-92.3014021
2306 Oakland Gravel Rd, Columbia, Missouri

FAQs

What type of property is this?
Warehouse - High-yield multi-unit warehouse investment.
Where is the warehouse located?
The property is located at 2306 Oakland Gravel Rd Columbia, MO.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: $1,295,000 asking price for a 7-unit warehouse complex in Columbia, MO.; 8,128 square feet total, with 8,128 square feet of net rentable space.; 7 individual units, each priced at $185,000.
How can I contact the broker?
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2306 Oakland Gravel Rd
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