Versatile Commercial Building in
1610 Ashley Rd, Boonville, MO 65233
COMMERCIAL - Boonville, MO
Property size:
3,745 SFLot size:
1.50 AcresPrice / SF:
$59/SF- Added:
- Feb 3, 2026
- Days on Market:
- 115
- Last Refresh:
- May 29 at 4:06 pm
Property Features for 1610 Ashley Rd
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C1
- Standard status
- Active
- Size
- 3,745 SF
- Lot size
- 1.50 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 10-2.0-10-002-006-003.000
- Tax Annual Amount
- 99999999
Listing agent NATHAN N. CHIPLEY License #1999034126 (660) 537-4455
Listing office Chipley and Company Real Estate 2410 BOONSLICK DRIVE, Boonville, MO (660) 882-3442
Listing date Feb 3, 2026
MLS# 26-45
Copyright © 2026 Central Missouri 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.
HighLights
- High‑traffic location on a main artery to Boonville.
- Versatile 3,745 sq ft building suitable for retail, office, daycare, and other permitted uses.
- Zoned C‑1 with public utilities.
- 1.5‑acre lot with access from both Ashley Rd and Radio Hill Rd.
- Newer dual central HVAC systems and metal roofing.
- Approximately 0.7 mile from I‑70.
Overview
This commercial property features a 3,745 sq ft building situated on a 1.5-acre lot. The property is located in a high-traffic area on a main road into Boonville. It has C-1 zoning and access to public utilities. The lot features approximately 163 feet of frontage on Ashley Rd and 250 feet along Radio Hill Rd, with access from both roads. The building is well-maintained and includes newer dual central HVAC systems and metal roofing. Ample parking is available on site. The property is suitable for retail, office, daycare facility, and other permitted uses. It is located approximately 0.7 mile from I-70.
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 | $20.7k | $5.52 |
| − Vacancy | −$335 | −$0.09 |
| EGI | $20.3k | $5.43 |
| − OpEx | −$6.1k | −$1.63 |
| NOI | $14.2k | $3.80 |
3,745 SF · lease $5.52/SF/yr · vacancy 1.62% · expense 30.00%
Alternative Uses
Best Use
Retail
$203.4K
$178.0K – $237.3K
NOI $14,236 @ 7.0% cap · market cap 6.34%
Second Best
Office B
$103.6K
$90.7K – $120.9K
NOI $7,254 @ 7.0% cap · market cap 3.23%
Theoretical Best
Warehouse
$580.6K
$508.1K – $677.4K
NOI $40,644 @ 7.0% cap · market cap 18.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Boonville
- County
- Cooper
- State
- Missouri
- Longitude
- -92.771396
- Latitude
- 38.945254
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - 3,745 sq ft building on 1.5-acre lot in Boonville.
Where is this retail space located?
The property is located at 1610 Ashley Rd Boonville, MO.
What is the asking price?
The asking price for this property is $224,500.
What are key features of this property?
This property features: High‑traffic location on a main artery to Boonville.; Versatile 3,745 sq ft building suitable for retail, office, daycare, and other permitted uses.; Zoned C‑1 with public utilities.
