Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    127 Main Street Forsyth, MO 65653

    View on Map
    For Sale
    $149,000

    SINGLE_FAMILY - Forsyth, MO

    Type:Retail
    Lot size:
    0.07 Acres
    Added:
    Apr 24, 2024
    Days on Market:
    708
    Last Refresh:
    Apr 1 at 11:06 pm

    Property Features for 127 Main Street

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Rooms
    Bathroom 1
    Standard status
    Active
    APN
    04-9.0-32-004-017-002.002
    Lot size
    0.07 Acres

    Taxes and HOA fees

    TaxYear
    2023
    TaxAnnualAmount
    1075

    Utilities

    Utilities
    Water Available
    Heating system
    Natural Gas, Electric (Heating), Forced Air, Hot Water(Heating)
    Cooling system
    Electric, Central Air

    Building Details

    Year built
    1971
    Roof type
    Flat

    We can help!

    Listing Contact
    Liliana Owen
    Liliana Owen

    Listing agent Liliana Owen License #2018018930

    Listing office Keller Williams 1619 E. Independence St., Springfield, MO

    Listing date Apr 24, 2024

    MLS# 60266610

    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.

    Overview

    Main Street Retail/Office Space

    Located on Main Street in Forsyth, Missouri, this 2,341 sq ft retail or office space is situated a block from US 160, near the courthouse, shops, businesses, and the library. The property features an open-concept layout, providing opportunities for various business uses. The lot size is 0.07 acres. The property has a brand new HVAC unit.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Forsyth
    County
    Taney
    State
    Missouri
    Longitude
    -93.118661
    Latitude
    36.686369

    Nearby Similar for Sale

    • $150,000

      Forsyth, MO Retail/Office Opportunity

      Retail or office space near the county courthouse in Forsyth.
      16205 Us Highway 160, Forsyth, MO 65653
      View Details
    • $1,500,000

      Historic Forsyth Building Near Lake

      Three-story Forsyth building with prime visibility and endless potential.
      2803 State Highway Y, Forsyth, MO 65653
      View Details
    • $499,900
      9,000 SF

      Residential Care Facility For Sale

      9,000 sq ft residential care facility licensed for 40 residents.
      238 Harmony Heights, Forsyth, MO 65653
      View Details
    • $159,000
      1,240 SF

      Forsyth Duplex with Upgraded Flooring

      Three-bedroom duplex with upgraded flooring and a two-car garage.
      170 Proverbs Court, Forsyth, MO 65653
      View Details
    • $1,895,000
      33,840 SF

      Forsyth Retail Investment Opportunity

      Two-story retail center with diversified tenancy and highway frontage.
      14974 US-160, Forsyth, MO 65653
      View Details
    • $1,250

      Forsyth, MO Retail/Office Space

      Retail or office space available in Forsyth, Missouri.
      15796 Us-160, Forsyth, MO 65653
      View Details
    • $1,250
      15,000 SF

      Versatile Commercial Space on Highway

      15,000 sqft unit suitable for office or retail.
      15796 Us-160, Forsyth, MO 65653
      View Details

    FAQs

    What type of property is this?
    Retail space - 2,341 sq ft retail/office space in Forsyth, Missouri.
    Where is this retail space located?
    The property is located at 127 Main Street Forsyth, MO.
    What is the asking price?
    The asking price for this property is $149,000.
    What are key features of this property?
    This property features: Excellent Main Street location, one block from US 160; Open‑concept layout with 2,341 sq ft of space; Brand new HVAC unit
    (417) 425-2125
    We can help!
    Listing Contact
    Liliana Owen
    Liliana Owen
    Real Estate License ID: 2018018930
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!