One-Story Flex
For Sale
$94,000
160 Missouri 5, Fayette, MO 65248
Commercial Sale, Fayette, MO
Property Size1,500 SF
Lot Size0.46 Acres
Price / SF$62.67
Days on Market54
Property Features for 160 Missouri 5
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
MU-R (*)
Security features
Security System
Directions
From Highway 3, take a left onto Highway 5. Go 7 miles on Highway 5 and the building will be on your left. It sits across the street from the golf course.
Standard status
Active
Size
1,500 SF
Lot size
0.46 Acres
Utilities
Sewer type
Public Sewer
Cooling system
Window Unit(s)
Amenities
security system
Building Details
Year built
2020
Floors in Building
1
Building materials
Metal Siding
Roof type
Metal
Listing Agency:
EXP Realty LLC
(573) 256-8601
Listed By:
Scott Knox · License #2023004213
(573) 476-8903
Added: Aug 17
Changed: Sep 30
Last Checked: Oct 9 at 6:06PM
MLS# 26-410
Copyright © 2026 Randolph County Board 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.
Investment Insights
Based on property information with market context.
This 1,500-square-foot flex property occupies a .46-acre lot and was built in 2020. The one-story metal building has a metal roof, slab foundation, concrete floors, open interior arrangement, abundant lighting, a security system, and an overhead door for loading and unloading. Retail shelving is currently installed, supporting continued retail use or reconfiguration for showroom, storage, workshop, warehouse, or other commercial purposes.
The property is positioned along Highway 5 at 160 Missouri 5 in Fayette, directly across from the golf course. Front parking, public sewer, and window-unit cooling are in place. Zoning is MU-R (*).
The property is positioned along Highway 5 at 160 Missouri 5 in Fayette, directly across from the golf course. Front parking, public sewer, and window-unit cooling are in place. Zoning is MU-R (*).
Key Highlights
- 1,500‑square‑foot flex building on a .46‑acre lot
- Built in 2020 with metal siding, metal roof, and slab foundation
- Open interior with concrete flooring, abundant lighting, and retail shelving
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,702
Cap Rate
6.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$114,040
$114.0K
Cap Rate 7%
$81,457
$81.5K
Cap Rate 9%
$63,356
$63.4K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$8.3K $5.52/SF
− Vacancy
−$134 −$0.09/SF
EGI
$8.1K $5.43/SF
− OpEx
−$2.4K −$1.63/SF
NOI
$5.7K $3.80/SF
Area
Howard County, MO
Vacancy
1.62%
Lease Rate
$5.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$114,040
Cap Rate 7%
$81,457
Cap Rate 9%
$63,356
Alternative Uses
Best Use
Warehouse
$232.6K
$203.5K – $271.3K
NOI $16,279 @ 7.0% cap · market cap 17.32%
Second Best
Industrial
$191.5K
$167.6K – $223.4K
NOI $13,406 @ 7.0% cap · market cap 14.26%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 65248, MO
4,781
Population
1,815
Households
2.6
Avg Household Size
33
Median Age
31%
College-Educated
90%
High-School Grad
172.6 sq mi
ZIP Area
28
Density / Sq Mi
$53,797
Median Household Income
$30,000
Median Earnings
$838
Median Rent
$141,600
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Metal commercial building with open interior, loading access, parking, and retail shelving along Highway 5.
Where is this flex space located?
The property is located at 160 Missouri 5 Fayette, MO.
What is the asking price?
The asking price for this property is $94,000.
What are key features of this property?
This property features: 1,500‑square‑foot flex building on a .46‑acre lot; Built in 2020 with metal siding, metal roof, and slab foundation; Open interior with concrete flooring, abundant lighting, and retail shelving
