$550,000
Commercial Property for Sale in San Bernardino California 92404
San Bernardino, California
Soft OfferCommercial Property for Sale in Missouri 63877
743 S Walnut St,, Steele, Missouri 63877
$104,000
$22 / sq ft Listed Jul 17, 2025
4,725 sqft
Building
1990
Built
1
Stories
41
Units
Class C
Class
About this property
Commercial Property for Sale in Missouri 63877 is an industrial for sale in Steele, Missouri, listed at $104,000. Key details: year built 1990, building size 4,725 sqft, stories 1, total units 41. Listed by Brandon Robinson of Calvary Realty on LoopingCloud and last updated July 17, 2025.
John 14:6: Jesus said to him, "I am the Way, the Truth, and the Life. No one comes to the Father except through Me."
Prime Self-Storage Investment in Steele, Missouri
Prime Storage presents a rare investment opportunity as the sole self-storage facility in Steele, Missouri. Located strategically on a main thoroughfare at 743 S Walnut St, this property boasts strong visibility and easy access from US Highway 55, which sees 16,586 vehicles daily.
Situated on a 0.44-acre lot, the facility includes a single-story metal building offering 4,725 rentable square feet across 41 units. With a pricing guidance of $104,000 (just $22.01 per square foot), this is a compelling value-add opportunity.
Currently at 51% physical occupancy, there's significant revenue upside for an investor through improved management and lease-up strategies. Operations are streamlined with open-unit management software. Built in 1990 with durable metal and steel, Prime Storage ensures long-term structural reliability. Plus, it's conveniently located just an hour north of Memphis, Tennessee, connecting it to a larger economic hub. With seller financing available and a strong proforma cap rate of 26.55%, this asset offers an accessible entry into the self-storage market.
Key highlights
- Occupied
- Price/SqFt $22.01
- Pro-Forma Cap Rate 26.55%
- Pro-Forma NOI $27,612
- Price/Unit $2,536.59
- Seller Financing Available
- 1.42 Sq. Ft. Per Capita
- Only Storage Within 10 Mile Radius
- Location on Main Thoroughfare
- 1 Hour North of Memphis, TN
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Property details
Key facts
- Year Built
- 1990
- Building Size
- 4,725 sqft
- Stories
- 1
- Total Units
- 41
- Building Class
- Class C
- Occupied
- Yes
- Occupancy
- 51%
- Property Status
- Normal Sale
- Building Status
- Existing
Pricing details
- Financing
- Third Party Financing
- Investment Property
- Active investment property
Investment snapshot
$22
Price per sq ft
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $104,000 | 26.55% | - | - | - |
Features and amenities
Property Features
- Price/SqFt: $22.01
- Pro-Forma Cap Rate: 26.55%
- Pro-Forma NOI: $27,612
- Price/Unit: $2,536.59
Highlights
- Seller Financing Available
- 1.42 Sq. Ft. Per Capita
- Only Storage Within 10 Mile Radius
- Location on Main Thoroughfare
- 1 Hour North of Memphis, TN
- Open Unit Management Software
- Metal & Steel Construction
- Value Add Investment
- 16%+ Stabilized Cap Rate
- 43% Cash on Cash Return at Stabilization
Location
Address as shown by the lister.
Get directionsAbout this area - Steele
- Population
- 4,088
- Housing units
- 1,769
- Land area
- 127.8 sq mi
- County
- Pemiscot
Neighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Documents, links and contacts
Frequently asked questions
What is the asking price of Commercial Property for Sale in Missouri 63877?
Commercial Property for Sale in Missouri 63877 is listed at $104,000. That works out to about $22 per square foot.
Where is Commercial Property for Sale in Missouri 63877 located?
The property is in 743 S Walnut St,, Steele, Missouri 63877, Pemiscot County.
What type of property is this?
This is an industrial for sale in the commercial category.
How big is the property?
The building is 4,725 sqft.
Is financing available?
The lister indicates: Third Party Financing.
Who do I contact about this listing?
Brandon Robinson of Calvary Realty listed this property. Use the Request Info button to send a message or call (909) 380-0073.
When was this listing published?
It was published on July 17, 2025 and last updated on July 17, 2025.
Listing information
- Listing ID
- CL-Missouri-25921
- Published
- Jul 17, 2025
- Last updated
- Jul 17, 2025
- Views
- 409
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