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1000 Lanton Rd

106,472 SF Industrial Building West Plains, MO 65775 $5,000,000 ($47/SF)

Investment Highlights

  • Highway Frontage
  • Open Warehouse Design
  • Plenty of Parking

Executive Summary

1000 Lanton Road, West Plains, MO 65775 – Industrial/Commercial Building with 17.5 Acres and more land available. Excellent Development Opportunities. OWNER WILL CONSIDER OWNER FINANCING.
Location Description:
Situated at the southeast corner of Lanton Road and U.S. Highway 63 in the southeastern portion of the City of West Plains, this property boasts an excellent location with high visibility and easy access to major highways.
Property Type:
Industrial Property and 17.5 Acres – More Land Available
Best Use and Zoning Details:
• Highest & Best Use (Vacant): Secondary commercial or highway commercial related uses.
• Highest & Best Use (Improved): Light industrial (warehouse/distribution) use.
• Zoning: M-2 General Manufacturing District - City of West Plains
• Legal Description: Tax ID/APN: 15-8.0-27-000-000-032.00
Building Features:
• Size: About 106,472 SF
• Office/Cafeteria/Lab Area: Approx. 11,116 SF with full HVAC and some recent updates. 10+ Offices, 2 Men’s and 2 Women’s Restrooms, Large Conference Room, Kitchen with Large Cafeteria/Breakroom.
• Warehouse: 95,356 SF with full HVAC – Raised Supervisor Offices and polished concrete Floors
• Ceiling Heights: 20 feet in warehouse.
• Exterior: Structural Steel Frame with Ribbed Metal Siding.
• Loading Docks: 6 equipped with loading dock equipment.
• HVAC: Full central heating and air throughout; suspended space heat in warehouse.
• Sprinklers: Full wet sprinkler system.
• Roof: Ribbed Metal
• Security: Security system and upgraded security gate fencing.
Additional Features:
• Built-in Conveyor System
• Partial Dock Height Floors (25-30%)
• Additional Rollup Doors
• Partial/Limited Storage Mezzanine
Age:
• Actual Age: About 46 years
• Effective Age: Estimated at 35 years
Parking & Site Improvements:
• Large Asphalt Paving near the building.
• Concrete Walks and drains.
• Landscaping
• Detached Block Building
Comments:
This large industrial facility benefits from a competitive location along U.S. Highway 63. With full HVAC throughout and six loading docks, it's one of the largest facilities in the area. Despite its age, the property is in good condition and offers potential for a variety of industrial or commercial uses.
Optimal Uses:
The property is zoned for M-2 General Manufacturing, allowing for manufacturing and industrial development. It's suitable for owner-occupants, investors, or developers looking for a strategic industrial location.
Investment Potential:
Given its size, location, and features, this property presents a prime investment opportunity in West Plains' growing industrial market. Whether you're an owner-occupant seeking a versatile industrial space or an investor looking to capitalize on the demand for industrial properties in the area, this property offers immediate development potential.

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

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

Property Facts

Price $5,000,000
Price Per SF $47
Sale Type Owner User
Sale Conditions
1031 Exchange
  • Lease Option
Property Type Industrial
Property Subtype
Manufacturing
  • Industrial Distribution
  • Industrial Warehouse
  • Industrial Service
Building Class B
Lot Size 17.50 AC
Rentable Building Area 106,472 SF
No. Stories 1
Year Built 1976
Tenancy Single
Parking Ratio 2.85/1,000 SF
Clear Ceiling Height 28 FT
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 5

Amenities

  • Conferencing Facility
  • Fenced Lot
  • Yard
  • Reception
  • Air Conditioning

Utilities

  • Lighting
  • Water - City
  • Sewer - City
  • Heating - Electric

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-8.0-27-000-000-032.00000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$473,670
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023

zoning

Zoning Code M-2 (Industrial)
M-2 (Industrial)
  • Listing ID: 31612005

  • Date on Market: 4/25/2024

  • Last Updated:

  • Address: 1000 Lanton Rd, West Plains, MO 65775

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