516 Mccord StNeosho, MO 64850

Property Details for 516 Mccord St

Year built

1968

Lot size

0.17 AC

Property size (Sq ft)

1,708 SF

Property type

Medical offices

Property subtype

Medical centers

APN

16-6.0-24-004-007-005.000

APU

166024004007005000

Description

This exceptional 1708-square-foot commercial building in Neosho, Missouri, presents a remarkable opportunity for business owners. Ideally situated for easy access and high visibility, this freestanding structure boasts its own dedicated parking lot, ensuring convenient access for clients and staff. The interior layout is thoughtfully designed to accommodate a variety of business needs, featuring a welcoming reception area, six individual office spaces, and ample storage. Two bathrooms add to the functionality and convenience. The building is equipped with central heating and air conditioning for year-round comfort. An exterior sign provides excellent visibility, enhancing your business's presence within the community. This property is perfect for medical practices, professional services, or any business requiring a well-appointed and accessible space. The sale price offers an attractive investment opportunity in a thriving Neosho location. The building's size and layout provide flexibility for various business configurations, making it a versatile option for entrepreneurs and established businesses alike. This is a turnkey solution for those seeking a ready-to-occupy commercial space in a desirable location. Don't miss this chance to establish or expand your business in this vibrant community.

• CAP approach

  CAP return

  Valuation

  6%

  $148,890

  6.5%

  $137,436

  7%

  $127,620

• Comparable approach

  Method

  Valuation

  Relative Method

  $122,173

  Geo Method

  $122,173

• Alternative Use

  Use

  Valuation

  Residential

  $170,421

  Hospitality

  $156,105

  Educational

  $129,877

  Medical

  $134,344

  Retail

  $202,032

Location Insight

City

Neosho

County

Newton

State

Missouri

Latitude

36.8712

Longitude

-94.3762

CBSA code

27900

CBSA name

JOPLIN, MO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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