141 Elm StLebanon, MO 65536

Property Details for 141 Elm St

Year built

1994

Lot size

0.62 AC

Property size (Sq ft)

9,168 SF

Property type

Investment properties

Property subtype

Live-work space

APN

13-1.0-11-003-001-003.000

APU

131011003001003000

Description

This exceptional 5,520-square-foot commercial building at 141 W Elm St, Lebanon, Missouri, presents a unique investment opportunity. Located in Laclede County, this single-tenant property boasts a highly desirable location with significant daily traffic and proximity to major retailers. The building features a spacious, mostly open main level, abundant natural light from numerous windows, and ample parking with 18 spaces. The property includes one restroom and plumbing for two additional bathrooms, ensuring flexibility for various business needs. Power is readily available with a robust 600-amp, three-phase electrical service. The building is exceptionally well-maintained, featuring all-electric operation, five HVAC units, and a durable rubber membrane roof. The property is zoned C1 and offers over 700 feet of road frontage, maximizing visibility and accessibility. This versatile space is suitable for a range of uses, including traditional office, coworking, medical office, creative office, and executive office settings. Its prime location and extensive amenities make it an ideal choice for businesses seeking a high-profile presence in a thriving community. The building's single-story design and ample parking further enhance its practicality and appeal. This is a rare opportunity to acquire a well-maintained, strategically located commercial property in a growing market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,929,169

  6.5%

  $1,780,771

  7%

  $1,653,573

• Comparable approach

  Method

  Valuation

  Relative Method

  $714,737

  Geo Method

  $714,737

• Alternative Use

  Use

  Valuation

  Residential

  $2,208,156

  Hospitality

  $2,022,659

  Educational

  $1,682,829

  Medical

  $1,740,704

  Retail

  $2,617,733

Location Insight

City

Lebanon

County

Laclede

State

Missouri

Latitude

37.6759

Longitude

-92.6592

CBSA code

30060

CBSA name

LEBANON, MO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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