725 Maple Valley Drive $895,000

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    725 Maple Valley Drive Farmington, MO 63640

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    $895,000

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    • 3,530 sq. ft.
    • 0.37 Acres
    • Commercial
    • MLS# 23062236
    725 Maple Valley Drive, Farmington, MO 63640
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    Listing provided courtesy of: Keller Williams Realty Platinu
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    Views: 90 Days On Site: 194

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    Property Details

    Great Investment Property. DO NOT DISTURB TENANTS PLEASE 3 Main tenants (Guild Mortgage, AAA Insurance and Philly Pretzel Factory) 1 very small room rented as 4th. Awesome Cap rate of 9%. NO Showings until Proof of Funds or Bank Pre-approval letter. Also before any showings an accepted LOI or Contract required. Net annual Income $80,700 Triple Net Leases. Full basement under part of the building. New Build addition in 2020 was built sq. ft. of 1338 Guild Mortgage is in this building. The other Building was built in 1995 2192 Sq.Ft. Gross building size for all 3 tenant spaces is 3530 Sq. Ft. Digital sign on the building, part rent is toward the sign for some of the tenants. Part of basement rented for storage. New lease signed with Philly Pretzel Factory in Jan. 24 Full rent starts April 1 2024. Leases expire Guild July 2025, Philly Pretzel March 2027,AAA May 2024. High traffic area. Philly Pretzel Factory has Drive-thru. Lot size is 16,210 or .372 acres.

    • General Features
      • Year Built 1995
      • Tax Year 2022
      • Tax Annual Amount $4,882
      • Property Sub Type Commercial & Indr.
      • Longitude -90.438721
      • Latitude 37.788831
      • Cross Street Maple
      • County Or Parish St Francois
      • Subdivision Rohlands
    • Building Features
      • Attached Garage Y/N No
      • Above Grade Finished Area 3530
    • Property Features
      • Lot Size Square Feet 16204
      • Lot Size Acres 0.37

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    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $895,000
    2/1/2024 12:10:21 AM Price Reduced Source: Multiple Listing Service New Value: $895,000 -9.5%
    10/16/2023 11:41:00 AM New in Database Source: Multiple Listing Service New Value: $989,000

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    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.