650 Jackson StMexico, MO 65265

Property Details for 650 Jackson St

Year built

1985

Property size (Sq ft)

5,683 SF

Property type

Turn key restaurants

APN

19-7-26-2-011-003.04

APU

19726201100304

Description

This exceptional 5,720-square-foot restaurant space is available for lease in Mexico, Missouri. Located within the established West Plaza Shopping Center, this single-tenant property sits on a sizable 30,000-square-foot lot (approximately 1.5 acres), offering ample parking and potential for outdoor event space. The property benefits from high visibility and traffic due to its central location and proximity to national tenants such as Car Quest, Hardees, ACE Hardware, and Dollar General. The building is zoned commercial and is ideal for a variety of restaurant or retail concepts. Lease terms are $6 per square foot, plus NNN (Net, Net, Net) charges

• CAP approach

  CAP return

  Valuation

  6%

  $1,987,010

  6.5%

  $1,834,163

  7%

  $1,703,152

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,116,478

  Geo Method

  $1,116,478

• Alternative Use

  Use

  Valuation

  Residential

  $1,547,185

  Hospitality

  $1,417,214

  Educational

  $1,179,105

  Medical

  $1,219,656

  Retail

  $1,834,163

Location Insight

City

Mexico

County

Audrain

State

Missouri

Latitude

39.1727

Longitude

-91.8894

CBSA code

33020

CBSA name

MEXICO, MO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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