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806-820 Progress Drive
Farmington MO 63640 US

$1,800,000

Active Listing ID 26019817
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Lot: 2.53 Acres
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Other

$1,800,000

Active Listing ID 26019817
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806-820 Progress Drive 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!

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Property Features

  • Facts
  • Lot Size: 2.53 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air, Multi Units, Wall Unit(s)
  • Exterior Finish: Fencing
  • Heating Fuels: Forced Air

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1800000
  • unparsedaddress: 806-820 Progress Drive
  • postalcity: Farmington
  • stateorprovince: MO
  • country: US
  • postalcode: 63640
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 2.53
  • lotsizeunits: Acres
  • lotsizearea: 2.53
  • livingarea: 10210
  • livingareaunits: Square Feet
  • latitude: 37.76913275
  • longitude: -90.44896335
  • listagentfullname: Chris Cole
  • listagentemail: ccole@lorimont.com
  • listagentkey: 3yd-MARISMO-CHRISCOLE
  • listagentmlsid: CHRISCOLE
  • listagentpreferredphone: 5733345200
  • listagentofficephone: 5733345200
  • listofficekey: 3yd-MARISMO-LRMT01
  • listagentstatelicense: 2018017770
  • listofficemlsid: LRMT01
  • disclaimer: Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MARISMO
  • yearbuilt: 1999
  • listagenturl: https://www.lorimont.com
  • countyorparish: St. Francois
  • parcelnumber: 14-10-02-00-000-0034.12
  • cooling: Central Air, Multi Units, Wall Unit(s)
  • constructionmaterials: Brick, Metal Siding
  • heating: Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • exteriorfeatures: Fencing
  • waterfrontfeatures: Pond
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -90.44897, 37.769135
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Lorimont Commercial Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"ccole@lorimont.com", "ListBrokerageCity":"Cape Girardeau", "ListBrokerageCountry":"US", "ListBrokerageEmail":"ccole@lorimont.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Lorimont Commercial Real Estate", "ListBrokeragePhone":"(573) 334-5200", "ListBrokeragePostalCode":"63703", "ListBrokerageStateOrProvince":"MO", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"276 S. Mount Auburn Rd.", "ListBrokerageWebsiteUrl":"https://www.lorimont.com", "ListOfficeAddress1":"276 S. Mount Auburn Rd", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"CHRISCOLE", "ListOfficeCity":"Cape Giradeau", "ListOfficeCountry":"US", "ListOfficeEmail":"ccole@lorimont.com", "ListOfficePostalCode":"63703", "ListOfficeStateOrProvince":"MO", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Sale - Farmington, MO", "ListingURL":"https://listings.listhub.net/pages/MARISMO/26019817/?channel=rexren", "MLSModificationTimestamp":"2026-04-03T15:20:38Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Commercial Sale", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":7247, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/3/2026 9:33:04 PM GMT
Source Updated Date: 4/4/2026 12:58:04 PM GMT

Courtesy of: Chris Cole, Lorimont L.C., ccole@lorimont.com

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.