515 Kentucky AveSedalia, MO 65301

Property Details for 515 Kentucky Ave

Year built

1960

Lot size

0.37 AC

Property size (Sq ft)

9,184 SF

Property type

Office buildings

APN

15-2.0-04-1-58-004.000

APU

152004158004000

Description

This exceptional office suite, located at 515 S Kentucky in Sedalia, Missouri, presents a fantastic opportunity for businesses seeking a move-in ready space. Boasting a monthly lease rate of $1,250, this property offers significant value with all utilities included, except for internet service and interior cleaning. The inclusive utilities encompass property taxes, insurance, electricity, trash removal, water, and sewer services. The suite itself features four generously sized private offices, perfect for individual work or team collaboration, and a welcoming lobby area to greet clients and visitors. Ample open parking is available on-site, ensuring convenient access for both employees and clients. The flexible layout makes this space suitable for a variety of business types, providing a comfortable and functional environment for your operations. The monthly rent of $1250 represents an attractive investment, allowing businesses to focus on growth and productivity without the burden of extensive utility expenses. Schedule a viewing today to experience the potential of this prime Sedalia office space firsthand. The property is an office building and sits on a lot with zero acres.

• CAP approach

  CAP return

  Valuation

  6%

  $1,799,708

  6.5%

  $1,661,269

  7%

  $1,542,607

• Comparable approach

  Method

  Valuation

  Relative Method

  $715,985

  Geo Method

  $715,985

• Alternative Use

  Use

  Valuation

  Residential

  $2,059,974

  Hospitality

  $1,886,925

  Educational

  $1,569,899

  Medical

  $1,623,890

  Retail

  $2,442,066

Location Insight

City

Sedalia

County

Pettis

State

Missouri

Latitude

38.7063

Longitude

-93.23

CBSA code

42740

CBSA name

SEDALIA, MO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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