400 Liberty StMexico, MO 65265

Property Details for 400 Liberty St

Year built

1960

Lot size

0.31 AC

Property size (Sq ft)

3,840 SF

Property type

Office buildings

APN

19-7-26-4-002-002

APU

197264002002

Description

This exceptional 5,993 square foot office building, situated on a 0.31-acre lot at 400 E Liberty St in Mexico, Missouri, presents a remarkable investment opportunity. Currently configured as office space, the property boasts significant versatility and holds immense potential for adaptive reuse. The expansive layout offers numerous possibilities, including continued use as offices or a complete conversion into residential living space. A large, well-appointed kitchen is a key feature, adding to the property's functionality and appeal. The building's substantial size and adaptable nature make it an ideal choice for a wide range of uses, catering to both commercial and residential needs. Its central location in Mexico, Missouri provides easy access to local amenities and transportation routes. The asking price of $150,000 represents a compelling value for a property of this size and potential. This is a rare opportunity to acquire a substantial building with a flexible floor plan and significant upside. The property's existing infrastructure provides a solid foundation for immediate occupancy or extensive renovations, depending on the buyer's vision. Serious inquiries are encouraged to explore the full potential of this unique property. Don't miss this chance to own a piece of Mexico, Missouri's commercial landscape. Schedule a showing today to experience the possibilities firsthand.

• CAP approach

  CAP return

  Valuation

  6%

  $913,388

  6.5%

  $843,127

  7%

  $782,904

• Comparable approach

  Method

  Valuation

  Relative Method

  $299,366

  Geo Method

  $299,366

• Alternative Use

  Use

  Valuation

  Residential

  $1,045,478

  Hospitality

  $957,652

  Educational

  $796,755

  Medical

  $824,157

  Retail

  $1,239,397

Location Insight

City

Mexico

County

Audrain

State

Missouri

Latitude

39.1702

Longitude

-91.8793

CBSA code

33020

CBSA name

MEXICO, MO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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