Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Land with Morton Building Title is generated by Realmo AI

    1373 W FAIRVIEW Avenue, Carthage, MO 64836

    View on Map
    Claim this Listing
    For Sale
    $350,000

    COMMERCIAL - Carthage, MO

    Property size:
    3,024 SF
    Lot size:
    2.25 Acres
    Price / SF:
    $115/SF
    Added:
    Sep 25, 2025
    Days on Market:
    254
    Last Refresh:
    Jun 5 at 7:06 pm

    Property Features for 1373 W FAIRVIEW Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    02-140526-1000
    Size
    3,024 SF
    Lot size
    2.25 Acres

    Taxes and HOA fees

    Tax Annual Amount
    386

    Building Details

    Roof type
    Metal

    We can help!

    Listing Contact
    Jim Alyssa Hunter Team
    Jim Alyssa Hunter Team

    Listing agent Jim Alyssa Hunter Team License #2010009040

    Listing office PRO 100 Inc., REALTORS 1027 S Main Street Suite 300, Joplin, MO

    Listing date Sep 25, 2025

    MLS# 255342

    Copyright © 2026 Ozark Gateway Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime location on entrance ramp of West Fairview Ave and I‑49.
    • High traffic location suitable for commercial development.
    • 2.25 acre tract.
    • Includes a 3024 square foot Morton building.
    • Surrounded by industrial manufacturing and distribution.
    • Services a large residential area and access to retail/restaurant areas.

    Overview

    This 2.25-acre commercial tract at 1373 W Fairview Avenue includes a Morton building totaling 3,024 square feet. The property is set up for a range of commercial uses, with the existing warehouse-style structure providing enclosed space for operations while the surrounding land supports outdoor and expansion needs.

    The site is located on the entrance ramp of West Fairview Avenue and I-49 in Carthage, Missouri. According to the public remarks, the frontage sits in a high-traffic corridor surrounded by industrial manufacturing and distribution, while also serving a large residential area. The same corridor functions as a main artery into the retail and restaurant areas of Carthage.

    For buyers and operators, the combination of an existing Morton building and usable acreage can support retail or commercial activities that benefit from access to a major interstate-adjacent roadway. The property’s configuration may also fit businesses looking for enclosed storage or light industrial space along with room for site-based operations. The LLC ownership is being sold as a for-sale offering.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $42.5k $14.04
    − Vacancy −$1.7k −$0.56
    EGI $40.8k $13.48
    − OpEx −$12.2k −$4.04
    NOI $28.5k $9.43
    3,024 SF · lease $14.04/SF/yr · vacancy 4.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $407.6K
    $356.6K – $475.5K (±1% cap)
    NOI $28,531 @ 7.0% cap · market cap 8.15%
    Second Best
    Warehouse
    $212.6K
    $186.0K – $248.1K (±1% cap)
    NOI $14,883 @ 7.0% cap · market cap 4.25%
    Theoretical Best
    Office A
    $912.4K
    $798.3K – $1.06M (±1% cap)
    NOI $63,867 @ 7.0% cap · market cap 18.25%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Gym & Fitness Center Big Box & Wholesale Store Daycare Center Grocery & Convenience Store Nursing Home Clothing & Fashion Store Nursing Home Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Carthage
    County
    Jasper
    State
    Missouri
    Longitude
    -94.329971
    Latitude
    37.155268

    Nearby Similar for Sale

    • $849,000
      2,970 SF

      Open-Span Commercial Building

      A modern open-span space with polished concrete floors, exposed ductwork, and room to expand on a larger lot.
      500 Peachtree Drive, Carthage, MO 64836
      View Details
    • $849,000
      2,907 SF

      Versatile Commercial Space Near I-49

      2,907 SF commercial space suitable for retail, office, or restaurant.
      500 Peachtree Drive, Carthage, MO 64836
      View Details
    • $1,990,000
      23,993 SF

      Class S Industrial with Office

      Renovated industrial warehouse with multiple overhead doors and substantial professional office space for industrial and light commercial operations.
      2412 County Lane 175, Carthage, MO 64836
      View Details
    • $750,000
      16,500 SF

      Multi-Purpose Religious Facility

      Multi-purpose building with two sanctuaries, gym space, and a large eat-in kitchen on 6.15 acres.
      18715 Hyacinth Road, Carthage, MO 64836
      View Details
    • $1,990,000
      24,000 SF

      Industrial Site with Office Space

      Renovated industrial site with office space and expansion potential.
      2412 County Ln 175, Carthage, MO 64836
      View Details
    • $425,000
      6,475 SF

      Commercial Building with Cold Storage

      Freestanding building with multiple offices, kitchen amenities, and walk-in freezer and cooler plus approximately 30 parking spaces.
      600 E 6th Street, Carthage, MO 64836
      View Details
    • $397,019
      3,237 SF

      Corner Lot Healthcare Facility

      Spacious corner-lot healthcare building with highway visibility, large paved parking, and an RV hookup for added versatility.
      12897 State Highway 96, Carthage, MO 64836
      View Details
    • $830,000
      3,910 SF

      Carthage Commercial Building For Sale

      3,910 sqft commercial building on nearly 1 acre lot.
      2334 Fairlawn Drive, Carthage, MO 64836
      View Details
    • $350,000
      7,731 SF

      Restaurant Building with Marble Bar

      Restaurant-ready building with multiple dining areas, a marble bar, and a full kitchen plus storage and flexible second-level space.
      988 S Country Club Road, Carthage, MO 64836
      View Details
    • $470,800
      2,150 SF

      Carthage Legacy Restaurant Business

      Turn-key restaurant business opportunity with building and equipment included.
      2230 Fairlawn Drive, Carthage, MO 64836
      View Details
    • $880,000
      8,296 SF

      Duplex Portfolio with Attached Garages

      Four tenant-occupied duplexes built in 1993–1994, each with two bedrooms, two bathrooms, and a 1-car attached garage.
      1719-1749 Robertson Avenue, Carthage, MO 64836
      View Details
    • $1,352,640

      Industrial Development Land with I-49 Frontage

      Large wooded development tract with Interstate 49 frontage, utilities available, and access near the Fir Road/I-49 roundabout.
      Fir Road, Carthage, MO 64836
      View Details

    FAQs

    What type of property is this?
    Commercial land - 2.25-acre commercial tract with a Morton building positioned on an I-49 access ramp in Carthage.
    Where is this commercial land located?
    The property is located at 1373 W FAIRVIEW Avenue Carthage, MO.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Prime location on entrance ramp of West Fairview Ave and I‑49.; High traffic location suitable for commercial development.; 2.25 acre tract.
    (417) 850-5355
    We can help!
    Listing Contact
    Jim Alyssa Hunter Team
    Jim Alyssa Hunter Team
    Real Estate License ID: 2010009040
    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

    Thank You for Inquiry
    1373 W FAIRVIEW Avenue, Carthage, MO 64836
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!