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Listed price in listed location currency (USD).
$1,800,000

000

MLS® 26019817

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $7,247
Days Active 27
Lot Size 
Approx. Age 1999
MLS® Number 26019817

Property Address: 806 Progress Drive, Farmington, MO, 63640

Average square foot calculated using Size range provided by listing agent.

Description

Rare government lease investment opportunity located in Farmington, MO! This four-building property is currently leased to USDA/Farm Services Agency through 2034 (guaranteed through November 2027), with additional tenants to be added. USDA/FSA has occupied the property since 1999. The main 7, 237 SF office building (812 Progress Dr.) has recently been remodeled with new furnace, two new A/C units, new doors, new ductwork, and new flooring. The rear building (820 Progress Dr.) is 2, 127 SF with a shop, office, loft storage, and overhead door, currently leased to Missouri Department of Conservation. The property sits on 2.53 acres with a pond, a vacant 800 SF shop (806 Progress Dr.) with garage door and restroom (accessible via easement from Captain D's), and a new 400 SF utility shed with fenced parking bullpen that is shared between tenants. The next year and a half has over $191, 000+ net operating income (10.63% initial cap rate). Don't miss this great Core Plus investment opportunity!
MLS® Number26019817
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1999
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 3, 2026List Date
$1,800,000List Price
-End Date
Not Sold YetSold Price

For Rent

Apr 10, 2026List Date
$800List Price
  • Commute

Commute

Starting Address
Destination Address
806 Progress Dr, Farmington, MO

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