MLS#26013359
STATUSActive
PROPERTY TYPECommercial -
SUBDIVISIONPT S1-2 SE
Property Description
This unique income-producing investment offers a diversified revenue stream with both a leased office building and on-site storage units, providing stability today with meaningful upside for tomorrow.At the current asking price, the property delivers a strong 10.44% in-place cap rate, with a pro-forma cap rate of 13.52% based on market-supported income improvements. The office component provides steady cash flow, while the storage units present a clear value-add opportunity, as they are not currently fully occupied and have room for operational and rental rate growth.With prominent highway visibility, future interstate exposure, and multiple income sources, this asset is well-suited for investors seeking immediate yield with long-term upside potential.
Property Features
Property Type: Commercial -
Lot Size: 0.70 Acres
Taxes: $3,642
Year Built: 1910
Feature Descriptions
Current Use: Commercial
Electric: Single Phase
Exterior: Metal Siding
Parcel#: 19-4.0-017-004-001-005.03000
Listed By / Shown By
Listed By
Agency Name: Lorimont L.C.
Shown By
Agent Name: Kelly Schnicker
Agent Phone: (636) 279-5772
Agency Title: RedKey Realty Leaders
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2102 N Outer Road | MLS# 26013359
This commercial property located at 2102 N Outer Road , Dexter, MO 63841 is currently listed for sale with an asking price of $649,900. Search Dexter real estate on kellyschnicker.redkeystlouis.com today.