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  5. ›Request for Information (RFI) 8471‑31 – Purchase of Property

Missouri State University·Missouri

Request for Information (RFI) 8471‑31 – Purchase of Property

Closes 8/31/2026$20k – $100kRequest for Information
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Description

This solicitation seeks qualified parties interested in purchasing a two‑story, 568 gross‑square‑foot building located at 308 Pennsylvania Avenue, West Plains, MO. The university is conducting a pre‑qualification (RFI) to identify buyers who can meet a minimum bid of $160,000, provide proof of financing, and submit a notarized bid with a certificate of liability insurance. The purchase will be approved by the Board of Governors, and no construction or service work is required. • Property: 568 GSF, two‑story building, currently used for offices and a rental residence; Zoning C‑3 Mid‑Town Commercial. • Minimum acceptable bid: $160,000; bidders must be self‑insured and provide liability insurance. • Deadline: All bids notarized and submitted by 3 p.m. on 31 August 2026; site inspections by appointment only. • Evaluation: University may issue a subsequent RFQ/RFP or negotiate directly with the most favorable respondent.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

John Banion(Buyer)

[email protected]

(417) 836-5356

Key dates

Opened
6/1/2026
Closes
8/31/2026

Last updated

Details

Type
Request for Information
Industry
Real Estate
NAICS
531210
Solicitation №
RFI-8471-31

Budget estimate

$20,000 – $100,000

Because the contract is a one‑time sale of a property with a minimum bid of $160,000, the purchaser’s profit will depend on resale value, renovation potential, and market appreciation. Assuming a modest 12‑15% upside after closing costs, the buyer could realize a profit ranging from roughly $20,000 on a low‑margin flip to $100,000 or more if the asset is repositioned for higher‑value use.

AI estimate from the solicitation

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