620-630 George St - Warehouse FOR SALE


Marshfield, MO 65706
$7,000,000 USD
417-943-5662
620-630 George St, Marshfield, MO for Sale
$7,000,000 USD
Warehouse - FOR SALE
1/35
null | Request Cap Rate

620-630 George St
Marshfield, MO 65706


HIGHLIGHTS

  • Opportunity to own a partially leased, well-maintained industrial facility with 3 buildings divisible by 2 distinct firewalls for isolated operations.
  • Features 18.6' to 16.5' clear heights sloping east to west, 12" reinforced concrete floors, and a private rail spur (switch gear needs replacing.)
  • Industrial facility also features loading docks, drive-in bays, and loading platforms.
  • Situated on roughly 22 acres with a potential 75 acres available and designated zoning for industrial use or cannabis cultivation/processing.
  • Marshfield: a perfect hub for centralized distribution with easy access to surrounding major markets like Chicago, St. Louis, Texas, & the West Coast.
  • Boasts the lowest electricity costs in the US as part of the Webster Electric Cooperative and entitlement to capital credits.

OVERVIEW

Freelander Industrial Park at 620-630 George Street offers an income-generating property with 60% of the structure leased. Though Building 3 needs a roof repair due to wind damage, this centralized industrial facility, with minor investment, is unique to the region and strategically located in Marshfield, Missouri. The 180,180-square-foot property is divisible among three buildings, separated by two distinct firewalls, perfect for isolated operations. The facility features a clear ceiling height of 16.6- to 18.6-foot over 12-inch reinforced concrete floors. Freelander Industrial’s multiple loading docks, platforms, and two 25-foot wide drive-in bays offer ample ease of product facilitation. The property includes a large dedicated office space and two 4,000-amp, 3-phase, 600-volt power services, and the structure is fully dry, sprinklered, and alarmed. A rail spur runs directly off a primary rail line adjacent to the property with rail docks. Situated on roughly 12.02 acres, this industrial facility has ample room to expand, with a potential 75 industrial park acres available. Investors will appreciate the low electrical costs as part of the Webster Electric Cooperative and entitlement to capital credits. Companies may be eligible for property tax abatement on newly improved property that is added to the local tax base and sales tax exemption for manufacturers. A variety of additional potential incentives and tax credits are available statewide and through Webster County. Ideally located in Marshfield, Freelander Industrial Park is in the heart of an industrial corridor off Interstate 44. It offers easy access to surrounding significant markets such as Chicago, St. Louis, Texas, and the West Coast. Walmart's Corporate Headquarters in Bentonville is a two-hour drive from the facility, accessible from Interstate 44 and Highway 65. Over 13,128 residents live within a five-mile radius of the building, with a projected 1.1% yearly increase over the next five years. Well maintained, with incredible accessibility, Freelander Industrial Park is primed to offer an ideal industrial opportunity.

FOR SALE DETAILS

PRICE

$7,000,000 USD

PRICE/SF

$39 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Freelander Industrial Park

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City

CLEAR CEILING HT

16.5 Ft

DOCKS

10

DRIVE INS

2

PARKING SPACES

50

LAND DETAILS

LAND ACRES

12.03

LAND SF

524,027

ZONING

Commercial/Industrial

APN/PARCEL ID

11-2.0-09-000-000-002.000

ASK ABOUT THIS PROPERTY

Michael FreelanderFreelander IndustrialMore Info
417-943-5662

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Michael FreelanderFreelander IndustrialMore Info
417-943-5662

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.