Two-Story Mixed-Use
For Sale
$800,000
105 N 2nd Street, Ozark, MO 65721
Commercial Sale, Ozark, MO
Property Size4,400 SF
Lot Size0.06 Acres
Price / SF$181.82
Days on Market89
Property Features for 105 N 2nd Street
General Information
Property type
Commercial Sale
Property subtype
Office
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bathroom 1, Bathroom 3
Parking features
On Street
View
River, City
Directions
From 65/Jackson, head East on Jackson to Downtown Square. Enter Square, Bldg in on the South end of the West side of Square.
Standard status
Active
APN
110623003015008000
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
N 19' LOT #393 AND S 28 1/2' LOT #392, BLOCK 17. (PAULS SURVEY)
Tax Annual Amount
3183
Legal Description
N 19' LOT #393 AND S 28 1/2' LOT #392, BLOCK 17. (PAULS SURVEY)
Utilities
Utilities
Water Available
Heating system
Electric (Heating), Forced Air
Cooling system
Central Air, Ceiling Fan(s)
Amenities
central air conditioning
full kitchen
washer/dryer
abundant natural light
walkability
Building Details
Year built
1850
Roof type
Flat
Listing Agency:
Alpha Realty MO, LLC
(417) 719-1560
Listed By:
Mikey Robertson · License #2020020721
(417) 350-4473
Added: Jun 14
Changed: Sep 9
Last Checked: Sep 10 at 1:06AM
MLS# 60326365
Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1850, this approximately 4,400-square-foot brick property combines professional office space with a residential-style upper loft. The 2,200-square-foot ground floor includes five private offices, a meeting area, reception and waiting spaces, one bathroom, a kitchenette, central air, and abundant natural light. The upper level adds approximately 2,200 square feet with two bedrooms, two full bathrooms, an open living and dining area, a full kitchen, washer/dryer, high ceilings, and central AC.
The building is located at 105 N 2nd Street in downtown Ozark, near boutique retail, restaurants, coffee shops, the historic square, and the Finley River. Free 24-hour parking on the square supports visitors and daily users, while the property’s office-and-loft arrangement accommodates live-work use or separate commercial and residential functions.
The building is located at 105 N 2nd Street in downtown Ozark, near boutique retail, restaurants, coffee shops, the historic square, and the Finley River. Free 24-hour parking on the square supports visitors and daily users, while the property’s office-and-loft arrangement accommodates live-work use or separate commercial and residential functions.
Key Highlights
- Approximately 4,400 square feet across two levels
- 2,200‑square‑foot office floor with 5 private offices, meeting space, reception, waiting room, bathroom, and kitchenette
- 2,200‑square‑foot upstairs loft with 2 bedrooms, 2 full baths, kitchen, living/dining area, and washer/dryer
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$35,570
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.45%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$711,400
$711.4K
Cap Rate 7%
$508,143
$508.1K
Cap Rate 9%
$395,222
$395.2K
Market Conditions
NOI Build-Up for 4,400 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$69.2K $15.72/SF
− Vacancy
−$4.5K −$1.02/SF
EGI
$64.7K $14.70/SF
− OpEx
−$29.1K −$6.61/SF
NOI
$35.6K $8.08/SF
Area
Christian County, MO
Vacancy
6.50%
Lease Rate
$15.72 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$711,400
Cap Rate 7%
$508,143
Cap Rate 9%
$395,222
Alternative Uses
Best Use
Apartment 5plus
$508.1K
$444.6K – $592.8K
NOI $35,570 @ 7.0% cap · market cap 4.45%
Second Best
Office B
$498.1K
$435.8K – $581.1K
NOI $34,865 @ 7.0% cap · market cap 4.36%
Theoretical Best
Office A
$664.1K
$581.1K – $774.8K
NOI $46,487 @ 7.0% cap · market cap 5.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
467
Businesses Nearby
Explore this area
Business Placement
Demographics for 65721, MO
32,975
Population
13,467
Households
2.4
Avg Household Size
36
Median Age
35%
College-Educated
93%
High-School Grad
95.9 sq mi
ZIP Area
344
Density / Sq Mi
$76,552
Median Household Income
$41,653
Median Earnings
$991
Median Rent
$253,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Street-level offices pair with an upstairs loft, creating a flexible live-work configuration in downtown Ozark.
Where is this mixed-use property located?
The property is located at 105 N 2nd Street Ozark, MO.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Approximately 4,400 square feet across two levels; 2,200‑square‑foot office floor with 5 private offices, meeting space, reception, waiting room, bathroom, and kitchenette; 2,200‑square‑foot upstairs loft with 2 bedrooms, 2 full baths, kitchen, living/dining area, and washer/dryer
