2305 Main StSedalia, MO 65301

  • Warehouses
  • 1,700 SF

Property Details for 2305 Main St

Year built
1986
Construction
FRAME
Lot size
0.49 AC
Property size (Sq ft)
1,700 SF
Property type
Warehouses
Property subtype
Self storage facilities
APN
15-3.0-05-2-01-004.000
APU
153005201004000

Description

This exceptional investment opportunity presents a portfolio of four self-storage properties totaling 43,311 net rentable square feet and 361 units, strategically located in downtown Sedalia, Missouri. The properties, situated at 2305 W Main St, 1420 Spring St, 1307 W Main St, and 416 W Main St, are all within a mile of each other, ensuring convenient access for tenants. Three of the four properties boast fenced perimeters and offer significant expansion potential, presenting a clear path for future revenue growth. Currently managed part-time, this value-add opportunity allows for substantial operational improvements and increased efficiency. The portfolio includes 43,311 square feet of self-storage space, plus an additional 6,550 square feet of boat/RV storage. The properties benefit from Sedalia's ongoing revitalization, showcasing a blend of historical charm and modern growth, contributing to a steady increase in population and economic activity. While additional warehouse properties are available separately, this core self-storage portfolio offers a compelling investment with built-in expansion capabilities. This is an ideal acquisition for experienced investors seeking to optimize operations and enhance returns in a thriving Missouri market. The portfolio's prime location and expansion potential make it a truly unique investment opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $381,310
    Hospitality
    $349,278
    Educational
    $290,595
    Medical
    $300,589
    Retail
    $452,037

Location Insight

City
Sedalia
County
Pettis
State
Missouri
Latitude
38.7135
Longitude
-93.2557
CBSA code
42740
CBSA name
SEDALIA, MO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,886
$6,890
$19,610
$26,500
-
$21,540
$61,270
$82,810

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