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$1,800,000 Just Listed
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Property 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!
Full Property Details
Full Property Details for 806-820 Progress Dr
General
- Price: $1,800,000
- Taxes: $7,247 (2025)
- Status: Active
- Type: Commercial
- Source: MARIS
- MLS ID: 26019817
- Updated: 4/3/2026
- Added to Site: 1 day(s) ago
Location
- County: St. Francois
- Township: Farmington
- Subdivision: Farmington Executive Park
Heating & Cooling
- Cooling Type: Central Air Conditioning, Wall Unit(s)
- Heating Type: Forced Air
Utilities
- Water: Public
Structural Information
- Square Feet: 10,210
- Current Bldg. Use: Industrial, Office
- Year Built: 1999
Lot Features
- Lot Size (Acres): 2.53
- Lot Size (Sq. Ft.): 110,206.8
- Lot Size Source: Public Records
Financial Considerations
- Tax Amount: $7,247
- Tax Year: 2025
Disclosures and Reports
- Ownership: Private
- Special Conditions: Standard
- Disclosures/Reports: No Other Known Restrictions
- Property ID: 14-10-02-00-000-0034.12
Listed by Lorimont L.C.
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Price & Sales History for 806-820 Progress Dr
Date
Details
Price
Change
Source
4/03/2026
Listed
$1,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 806-820 Progress Dr
806-820 Progress Drive, Farmington, MO 63640 (MLS# 26019817) is a Commercial property. 806-820 Progress Drive is currently listed for $1,800,000 and was received on April 03, 2026. Want to learn more about 806-820 Progress Drive? Do you have questions about finding other Commercial real estate for sale in Farmington? You can browse all Farmington real estate or contact a Coldwell Banker agent to request more information.
