$575,000

102 Shelby Plaza Rd

Shelbina MO, 63468

Description

This stable, four Tenant real estate investment is anchored by a Orscheln Farm and Home store and is priced to sell at 9.2%+/- Cap Rate! Shelby Plaza Shopping Center is located in Shelbina, MO and has a regional customer draw with its access & visibility to & from the junction of two major area highways, US 36 and Highway 15. Neighboring business are C & R Market (grocery store), Dollar General, Salt River Community Care(which is a 120 bed skilled nursing facility), Shelbina License Bureau, gas stations, restaurants, and more! The Plaza is 100% leased with 4 Tenants that occupy 23,800 +/- square feet, most of the Tenants have been there long term. The parking lot and driveway in front are concrete. Orscheln occupies 20,600+/- sf and has been a Tenant for over 30 yrs., Edward Jones occupies 1,600 sf, American Family Ins. occupies 800 sf and the Cruse Law Firm, 800 sf. Orscheln owns & operates 165 stores located in eleven states. Financials & other information are available.

Details

MLS#19038533
Sub-TypeResale
StatusActive
Year1969
Days On Site200

Features

SQ Feet23,800
Story(s)1
ZoningCommercial

Market Activity 63468

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Area Information

StateMO
CountyShelby
CityShelbina
Zip Code63468
AreaShelby County R-4
Listing VS Median (in 63468)
Price:
$575,000
low | high
Med:
$124,000
100% of Average
SqFt:
23,800
low | high
Med:
1,436
100% of Average
$ / SqFt:
$24
low | high
Med:
$85
100% of Average
On Site:
200
low | high
Med:
58.500000
100% of Average
Listing Updated: 12/09/2019
MLS Number: 19038533
Listing Provided By:
Scott Sacco  of  Keller Williams Realty West