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    Commercial Space with Service Pit Title is generated by Realmo AI

    165 Hopkins Road, Highlandville, MO 65669

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    Claim this Listing
    For Lease
    $1,400 /Mo

    COMMERCIAL - Highlandville, MO

    Lot size:
    1.91 Acres
    Added:
    Nov 10, 2025
    Days on Market:
    184
    Last Refresh:
    May 13 at 10:06 am

    Property Features for 165 Hopkins Road

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Bathrooms
    1
    Rooms
    Bathroom 1
    Standard status
    Active
    APN
    210204000000002010
    Lot size
    1.91 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    BEG N5537' & E183' SWC SW NW, TH E211', NW ALONG HWY 65 834', W72', SE597', SW97', SE153' TO POB, EX 2 BILLBOARD PARCELS TOWER ON 21-2-4-0-0-2.200
    Tax Annual Amount
    2201

    Building Details

    Year built
    1994

    We can help!

    Listing Contact
    Aaron P Zahner
    Aaron P Zahner

    Listing agent Aaron P Zahner License #2001030075

    Listing office Murney Associates - Nixa 485 W Aldersgate, Springfield, MO

    Listing date Nov 10, 2025

    MLS# 60309566

    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.

    HighLights

    • 1,800 sq ft commercial space with C‑1 zoning.
    • Two overhead doors (10' and 12') and a service pit for vehicle maintenance.
    • No CAM or NNN fees; tenant pays separate metered electric.
    • Private setting with long driveway, surrounded by forest.
    • Large volume air compressor and air tool plumbing included.
    • Shared well and septic at no cost.

    Overview

    This commercial space, Unit B, offers 1800 sq ft in a 5-unit building. Zoned C-1, the unit features a separated office and a private half bath. It includes one 10' overhead door and one 12' overhead door, along with a service pit in the floor designed for vehicle maintenance. A large volume air compressor, plumbed for air tools, is dedicated to this unit. The building has all-steel siding and a steel roof. A 1500 ft driveway through the trees from a side road provides a less exposed access and a private setting surrounded by forest. The building backs up to Hwy 65, south of the Highlandville Exit. The property includes well and septic shared with all tenants at no cost. Tenant pays separate metered electric. Another unit, Unit D, will soon be available in the same building with 1200 sq ft, wired with 220, with heat and a drive-through 10' door on each side.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Big Box & Wholesale Store Auto Parts Store Travel Agency Bakery

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

    Location Insight

    • Map
    • Local Demand
    City
    Highlandville
    County
    Christian
    State
    Missouri
    Longitude
    -93.240906
    Latitude
    36.892788

    FAQs

    What type of property is this?
    Auto shop - 1800 sq ft commercial space with service pit.
    Where is this auto shop located?
    The property is located at 165 Hopkins Road Highlandville, MO.
    What is the lease rate?
    The lease rate is $1,400 /Mo.
    What are key features of this property?
    This property features: 1,800 sq ft commercial space with C‑1 zoning.; Two overhead doors (10' and 12') and a service pit for vehicle maintenance.; No CAM or NNN fees; tenant pays separate metered electric.
    (417) 830-0586
    We can help!
    Listing Contact
    Aaron P Zahner
    Aaron P Zahner
    Real Estate License ID: 2001030075
    Learn More
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    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
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