4024 Highway 221Farmington, MO 63640

Property Details for 4024 Highway 221

Year built

1996

Lot size

2.37 AC

Property size (Sq ft)

7,200 SF

Property type

Warehouses

Property subtype

Self storage facilities

APN

14-10-02-00-000-0044.00

APU

14100200000004400

Description

This exceptional commercial property, located at 4024 Highway 221 in Farmington, Missouri, presents a lucrative investment opportunity. The 0.83-acre lot boasts a prime location with significant road frontage in a high-traffic area, ensuring excellent visibility and accessibility for potential tenants. Currently featuring 28 well-maintained storage units, this property offers immediate income generation. The existing infrastructure provides a solid foundation for continued success, while the available space allows for expansion of the existing storage units or the development of additional commercial ventures. This versatility makes it an ideal investment for both seasoned investors and those seeking a strong entry point into the commercial real estate market. The property's strategic location and potential for growth make it a highly desirable asset in a thriving commercial area. The substantial road frontage ensures high visibility, attracting a large customer base. This is a rare opportunity to acquire a well-established commercial property with significant upside potential in a dynamic market. The existing storage units provide a stable income stream, while the ample space offers flexibility for future development and expansion. Don't miss this chance to own a piece of Farmington's commercial landscape. The asking price is $249,000.

• Alternative Use

  Use

  Valuation

  Residential

  $1,883,770

  Hospitality

  $1,725,523

  Educational

  $1,435,615

  Medical

  $1,484,988

  Retail

  $2,233,179

Location Insight

City

Farmington

County

St. Francois

State

Missouri

Latitude

37.7671

Longitude

-90.4563

CBSA code

22100

CBSA name

FARMINGTON, MO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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