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

    1418 Cherokee Avenue Seneca, MO 64865

    View on Map
    For Sale
    $169,900

    COMMERCIAL - Seneca, MO

    Property size:
    1,737 SF
    Lot size:
    0.25 Acres
    Added:
    Dec 21, 2025
    Days on Market:
    109
    Last Refresh:
    Apr 9 at 10:06 am

    Property Features for 1418 Cherokee Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bathrooms
    2
    Rooms
    Bathroom 2, Bathroom 1
    Standard status
    Active
    Size
    1,737 SF
    Lot size
    0.25 Acres

    Taxes and HOA fees

    Tax Annual Amount
    610

    Utilities

    Utilities
    Electricity Available
    Heating system
    Forced Air, Central, Electric (Heating)
    Cooling system
    Central Air, Ceiling Fan(s)

    Building Details

    Year built
    1900
    Flooring type
    Laminate
    Roof type
    Shingle

    We can help!

    Listing Contact
    Tandy Brock

    Listing agent Tandy Brock License #2018013475

    Listing office Rose Realty 218 S Main Street Floor 2 Suite E, Joplin, MO

    Listing date Dec 21, 2025

    MLS# 256965

    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.

    Overview

    Seneca Commercial Property for Sale

    This commercial property, currently operating as a tattoo shop, is situated on a quarter-acre corner lot in Seneca, Missouri. The 1,737 square-foot building features a front porch and is conveniently located near restaurants and grocery stores, directly in front of the Seneca Fire Department. The property includes a carport and off-street parking. It could be used as a cozy home or a work-from-home business.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Building Supply Dental Office Spa & Massage Center Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center Hotel & Motel Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Seneca
    County
    Newton
    State
    Missouri
    Longitude
    -94.611377
    Latitude
    36.839382

    Nearby Similar for Sale

    • $199,999

      Versatile Commercial Property in Seneca

      Two shop buildings totaling over 5,000 sq ft on 1.1 acres.
      419 Washington Avenue, Seneca, MO 64865
      View Details
    • $255,000
      6,593 SF

      Turnkey Brewery and Restaurant Space

      Fully equipped brewery and restaurant in historic downtown Seneca, MO.
      1107 Cherokee Avenue, Seneca, MO 64865
      View Details
    • $129,999
      2,871 SF

      Seneca, MO Commercial Opportunity

      Remodeled living quarters attached to a historic commercial building.
      121 Washington Avenue, Seneca, MO 64865
      View Details
    • $449,900

      82.2 Acre Farm Near Town

      82.2 acre farm suitable for livestock and hunting.
      Woodland Drive, Seneca, MO 64865
      View Details
    • $67,500

      Downtown Seneca Commercial Opportunity

      Commercial building on Main Street in downtown Seneca, Missouri.
      1117 Cherokee Avenue, Seneca, MO 64865
      View Details
    • $79,900

      Downtown Seneca Corner Lot Retail

      Highly visible corner lot in Downtown Seneca with great potential.
      1320 Cherokee Avenue, Seneca, MO 64865
      View Details
    • $149,960

      Restaurant/Bar Opportunity with Equipment Included

      Restaurant/bar/grill opportunity with equipment and fixtures included.
      Cherokee Avenue, Seneca, MO 64865
      View Details

    FAQs

    What type of property is this?
    Retail space - Commercial property in Seneca, Missouri, suitable for various business ventures.
    Where is this retail space located?
    The property is located at 1418 Cherokee Avenue Seneca, MO.
    What is the asking price?
    The asking price for this property is $169,900.
    What are key features of this property?
    This property features: High‑visibility corner lot location directly in front of the Seneca Fire Department.; Commercial zoning suitable for a business (currently a tattoo shop) or residential use.; Carport and off‑street parking available.
    (417) 342-2214
    We can help!
    Listing Contact
    Tandy Brock
    Real Estate License ID: 2018013475
    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!