400 N College Street

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400 N College Street

Richmond, MO 64085
Asking Price
Contact for price
Asset Type
Religious/Church Special-purpose
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Special-purpose religious facility located in Richmond Missouri
  • Property situated at the address 400 N College Street
  • Asset functions within the 64085 regional zip code
  • Building is currently configured for church and institutional use
  • Institutional site offers flexibility for future adaptive reuse projects

What's Special

This special-purpose religious facility is situated at 400 N College Street in Richmond, Missouri. The property functions as a church, providing a dedicated space for community gatherings or spiritual services within this regional market. The site is located in the heart of Ray County, where a stable local economy supports smaller institutional assets of this nature. Investors and community organizations alike may view this structure as a viable candidate for continued religious operations, or potentially as a site for adaptive reuse depending on local municipal zoning allowances. The surrounding area maintains a consistent suburban character common to small-town Missouri, offering accessibility for local congregants and prospective users. Its layout caters to groups seeking a functional venue with established infrastructure in a quiet residential-adjacent setting. The building remains a practical addition to the local real estate inventory, suitable for groups requiring a central location in the 64085 zip code area.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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