22970 Pike 394, Bowling Green, MO 63334
Listing Presented By
RP Land Co.
Commercial, 1 Story - Bowling Green, MO
5+/- Acres Pike County with commercial possibilities. Over 800 feet of Highway 61 frontage. Land has two machine sheds, 30x120 and 30x110. Both sheds have electric with gravel floors. Rural water is close to the property. They could be converted into storage units for cars or boats. There are three billboards on the property. Last year they generated $4520 income. The billboard leases are a year to year lease that pay in April, August and December. Asking price for property is $120,000. Using last year?s income from the billboards it is showing a 3.7% return before any commercial use of the two shed. With the location of this land it has endless possibilities.
Square Footage: 3,600
Built In: 1997
Last Updated: January 2, 2017
Posted: September 11, 2016