7509 State Highway 14Sparta, MO 65753

Property Details for 7509 State Highway 14

Year built

1976

Lot size

1.53 AC

Property size (Sq ft)

5,350 SF

Property type

Banks

APN

12-0.7-25-003-007-010.000

APU

120725003007010000

Description

This exceptional 5,350 square foot office building presents a remarkable opportunity for businesses seeking high visibility and ample space. Situated on a 0.95-acre double corner lot with prominent Highway 14 frontage, this property boasts over 40 parking spaces and two drive-throughs, one of which is double-wide. The single-story, all-brick structure offers easy access and is conveniently located just eight miles east of Ozark and Highway 65. The interior features multiple offices and rooms of varying sizes, providing flexibility for diverse business needs. The building is undergoing a complete roof replacement, ensuring long-term structural integrity. Furthermore, the property benefits from two nearly new air conditioning units, guaranteeing comfortable year-round operation. With its strategic location, substantial parking, and versatile layout, this property is ideally suited for expansion and presents a compelling investment opportunity. The substantial size and highway frontage offer significant potential for a variety of commercial uses. The existing infrastructure, including the recently updated roof and AC units, minimizes immediate capital expenditure needs. This is a turnkey solution for businesses seeking a well-maintained, highly visible location in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,541,137

  6.5%

  $1,422,588

  7%

  $1,320,975

• Comparable approach

  Method

  Valuation

  Relative Method

  $964,367

  Geo Method

  $964,367

• Alternative Use

  Use

  Valuation

  Residential

  $1,200,006

  Hospitality

  $1,099,199

  Educational

  $914,521

  Medical

  $945,973

  Retail

  $1,422,588

Location Insight

City

Sparta

County

Christian

State

Missouri

Latitude

37.0018

Longitude

-93.083

CBSA code

44180

CBSA name

SPRINGFIELD, MO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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