320 Ashley RdBoonville, MO 65233

Property Details for 320 Ashley Rd

Year built

1973

Property size (Sq ft)

1,937 SF

Property type

Turn key restaurants

APN

05-7.0-35-004-018-002.000

APU

57035004018002000

Description

This exceptional mixed-use property in Boonville, Missouri, presents a unique investment opportunity. Priced at $1,300,000, this fee-simple offering encompasses 12,168 square feet across two buildings situated on a 3.32-acre lot (APN: 05-7.0-35-003-009-009.000). Recently renovated in 2019, the property boasts a main 7,168 sq ft building featuring a showroom, reception area, multiple offices, a kitchenette, and ADA-compliant restrooms. An automated drive-thru garage with epoxy flooring and an industrial fan is also included, along with a meeting room, storage, and a detail shop/garage. A second, insulated 5,000 sq ft garage building offers 5 bays with commercial-grade overhead doors and automatic openers, industrial ceiling fans, and a private restroom. Nine dock-high doors are available. The entire complex benefits from high-tech amenities including security monitoring, high-speed data, and VoIP, and features freshly resurfaced concrete and asphalt. Permitted zoning is Commercial. Currently vacant, this property offers endless possibilities for various business ventures. The property's recent, high-quality renovation ensures immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $544,637

  6.5%

  $502,742

  7%

  $466,831

• Comparable approach

  Method

  Valuation

  Relative Method

  $380,541

  Geo Method

  $380,541

• Alternative Use

  Use

  Valuation

  Residential

  $424,081

  Hospitality

  $388,456

  Educational

  $323,191

  Medical

  $334,306

  Retail

  $502,742

Location Insight

City

Boonville

County

Cooper

State

Missouri

Latitude

38.9673

Longitude

-92.7441

CBSA code

17860

CBSA name

COLUMBIA, MO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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