725 Mitchell AveChillicothe, MO 64601

Property Details for 725 Mitchell Ave

Year built

2017

Lot size

1.01 AC

Property size (Sq ft)

6,048 SF

Property type

Office buildings

APN

11-01.00-01-4-01-01.03

APU

110100014010103

Description

This exceptional, well-maintained 6,048 square foot office building is situated on a 1.01-acre lot at 725 S Mitchell Avenue in Chillicothe, Missouri, offering unparalleled convenience with its direct Highway 36 access. Constructed approximately six years ago by Morton Buildings, this property boasts a durable and functional design, ideal for a variety of businesses. Previously used as a call center, the open-span structure offers immense adaptability. The interior includes two standard offices, an executive office, two storage rooms, a kitchen/breakroom, a multi-purpose room, and four bathrooms (one handicap accessible). Additional features include a maintenance room, an IT/server room, and a large open area previously configured for 36 cubicles. The building is equipped with a key fob entry system, a security system, 400-amp 3-phase electric service, a backup generator, automatic doors, and two emergency exit doors. Ample parking is provided by a concrete lot with 33 spaces, including two handicap-accessible spots. This property's strategic location within Chillicothe's industrial park, combined with its modern amenities and flexible layout, presents a unique opportunity for businesses seeking a high-quality, readily accessible space. The asking price is $799,000.

• CAP approach

  CAP return

  Valuation

  6%

  $1,133,685

  6.5%

  $1,046,479

  7%

  $971,730

• Comparable approach

  Method

  Valuation

  Relative Method

  $471,502

  Geo Method

  $471,502

• Alternative Use

  Use

  Valuation

  Residential

  $1,297,634

  Hospitality

  $1,188,625

  Educational

  $988,922

  Medical

  $1,022,933

  Retail

  $1,538,324

Location Insight

City

Chillicothe

County

Livingston

State

Missouri

Latitude

39.7795

Longitude

-93.54

Property Tax & Assessments

FAQs

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