32,750 SF Warehouse With I-44 Frontage
$4.00 Per Sqft
Listing Resources
Listing Description
The property features a ±32,750 SF warehouse situated on approximately 5 acres, offering flexibility for a variety of commercial and industrial users. The building could potentially be subdivided into up to four sections to accommodate multiple tenants or repositioned for alternative uses such as self-storage. The property is currently partially occupied by two tenants on month-to-month leases, together utilizing approximately 40% of the building.
The ±5-acre site provides additional area for parking, outdoor storage, truck maneuvering, or laydown yard uses, depending on an operator’s needs.
An additional ±47 acres of land located adjacent to the property is also available for sale separately, providing an opportunity for future development, expansion, or interstate-related commercial and industrial uses. The ±47-acre tract also includes three existing billboards, providing potential for additional income generation.
With existing tenancy, multiple potential configurations within the warehouse, adjacent acreage available for expansion or development, and potential billboard income, the property presents a unique investment and owner-user opportunity with multiple avenues for future value creation. Buyers have the flexibility to acquire the warehouse and ±5 acres independently or pursue the adjacent ±47 acres to create a larger, strategically positioned commercial or industrial site.
Property located in Conway, MO 1 mile from Exit 113 Interstate-44 just 15 miles from Lebanon, MO and 30 from Springfield, MO. Conway’s strategic value is the strong east-west visibility with quick Interstate connectivity. Land values are going to be cheaper offering less congestion than larger markets and flexible governmental approval processes. Located along the Route 66 historic corridor and adjacent to to Interstate 44 with 20,000 vehicles per day passing by.
Lease Rate: $4.00/SF, NNN
Sale Price: $900,000
Adjacent +/- 47 Acres Sale Price: $400,000
Listing Details
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Vito .
LaFata IV
- Office: 618-277-4400 Ext. 35
- Mobile: 314-824-8486
- vitol@barbermurphy.com
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Steve
Zuber - SIOR, CCIM
- Office: 618-277-4400 Ext. 13
- Mobile: 314-409-7283
- steve@barbermurphy.com