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500 Franklin 500 Franklin Ave 11,000 SF 100% Leased Industrial Building Warrensburg, MO 64093 $650,000 ($59.09/SF) 9.04% Cap Rate
Investment Highlights
- Anchored along Franklin Street just off S Maguire Street and College Street.
- Approximately 11,000 square feet of adaptable space.
- Multi Tenant industrial/flex with excellent cash flow.
- Attractive opportunity to acquire a well located commercial building at the front door of the University of Central Missouri campus
Executive Summary
Multi Tenant industrial/flex with excellent cash flow. City Centre Suites at 500 Franklin Street presents an attractive opportunity to acquire a well located commercial building at the front door of the University of Central Missouri campus in downtown Warrensburg. Anchored along Franklin Street just off S Maguire Street and College Street and directly across from the Foster Knox Dorm Hall, the property is positioned to capture consistent visibility and daily traffic from students, faculty, visitors and nearby residents. The building offers approximately 11,000 square feet of adaptable space, supported by a defined site plan and survey that provide clarity for investors evaluating future layout options or redevelopment scenarios.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $650,000 | Building Class | C |
| Price Per SF | $59.09 | Lot Size | 1.83 AC |
| Sale Type | Investment | Rentable Building Area | 11,000 SF |
| Cap Rate | 9.04% | No. Stories | 1 |
| Property Type | Industrial | Year Built/Renovated | 1963/2024 |
| Zoning | LI - Light Industrial Zoning and is the only similar zoning in this area of the market | ||
| Price | $650,000 |
| Price Per SF | $59.09 |
| Sale Type | Investment |
| Cap Rate | 9.04% |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 1.83 AC |
| Rentable Building Area | 11,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1963/2024 |
| Zoning | LI - Light Industrial Zoning and is the only similar zoning in this area of the market |
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Property Taxes
| Parcel Number | 12702501022000100 | Total Assessment | $63,194 (2024) |
| Land Assessment | $0 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 (2024) | Tax Year | 2025 |
Property Taxes
Parcel Number
12702501022000100
Land Assessment
$0 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$63,194 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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500 Franklin | 500 Franklin Ave
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