705 Fairplay StBolivar, MO 65613

Property Details for 705 Fairplay St

Year built

1965

Lot size

0.12 AC

Property size (Sq ft)

3,269 SF

Property type

Office buildings

APN

89-11-0.1-02-004-034-007.00

APU

8911010200403400700

Description

This exceptional commercial property at 705 W Fairplay Street, Bolivar, MO, presents a unique opportunity for business owners. The 3,269 square foot building sits on a 0.12-acre lot and is ideally situated just off Broadway Street, offering excellent visibility and convenient access to Highway 13. Currently configured as a daycare, the adaptable floor plan features multiple rooms, two restrooms, a laundry room, and a functional kitchen area. The versatile layout lends itself to a wide range of commercial uses. The building's design includes a welcoming entryway complete with a check-in window, and convenient sidewalks provide direct access. The property's location ensures high traffic flow and easy accessibility for both clients and employees. Priced at $250,000, this property represents a significant value in a thriving Bolivar commercial district. Its functionality, accessibility, and prime location make it an attractive investment for entrepreneurs seeking to establish or expand their business. The building's existing infrastructure, including the kitchen and laundry facilities, minimizes initial setup costs, allowing for a quicker return on investment. Don't miss this chance to secure a highly visible and functional commercial space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $640,597

  6.5%

  $591,321

  7%

  $549,083

• Comparable approach

  Method

  Valuation

  Relative Method

  $233,832

  Geo Method

  $233,832

• Alternative Use

  Use

  Valuation

  Residential

  $733,238

  Hospitality

  $671,642

  Educational

  $558,798

  Medical

  $578,016

  Retail

  $869,241

Location Insight

City

Bolivar

County

Polk

State

Missouri

Latitude

37.6124

Longitude

-93.4182

CBSA code

44180

CBSA name

SPRINGFIELD, MO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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