40,000 SF INDUSTRIAL BUILDING ON 8.5 ACRES +/-
Cates Auction Real Estate Company has been engaged by the owner to liquidate this property in a short-term, pre-auction offering. The current list price of $1.7 million has just been reduced by $705,000 to $995,000 or $24.875/SF for a timely, “as-is” sale. Don’t miss this opportunity. Get your highest and best offer in now!
This 40,000 sq. ft. industrial building on 8.5 acres is located just south of 50 Highway and just east of MO-13 Highway in the fully developed Warrensburg Industrial Center. With over 36,500 SF of warehouse area and 3495 SF of office plus mezzanine area, this one story, steel constructed building is well suited for a variety of industrial and/or manufacturing applications. The facility is currently 87% occupied and generates annual lease income of over $102,000. For owner/users, the two leases can be terminated in 60 and 90 days respectively.
Building Type: Industrial
Current Use: Warehouse
Location: Industrial Park
Year Built: 1999 shell, 2006 improvements
Building Area: 40,000 SF +/-
Warehouse Area: 36,505 SF +/-
Office Area: 3,495 SF +/-
Mezzanine: 3,000 SF +/-
Land Area: 372,494 SF (8.55 acres) +/-
Land In Use: 227,275 SF (5.21 acres) +/-
Excess Land: 145,220 SF (3.33 acres) +/-
Zoning: L-1, Light Industrial
Ceiling Height: 24 ft. – 25.5 ft.
Concrete Floor: 6”
Dock High Doors: Two (9’x10’)
Overhead Doors: Two (12’x14’)
Hazardous Storage: 1,000 SF
Heating: FAG, Electric infrared
Cooling: Central electric
Foundation: Reinforced concrete
Framing: Structural steel
Exterior: Pre-finished metal wall panels
Roof: Steel joists with metal panels
Electrical: 480v, 3-Phase
Topography: Basically level
Frontage: 333.51 linear ft.
Lease Income: $102,396, annual
Lease Termination: 60-90 Days
2015 Taxes: $16,656