Sign Up Successful!
You now have access to more from Realmo!
    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

    218 N Madison St Webb City, MO 64870

    Sponsored
    For Sale
    $450,000

    COMMERCIAL - Webb City, MO

    Property size:
    23,270 SF
    Lot size:
    0.96 Acres
    Days on Market:
    13
    Last Refresh:
    Jan 28 at 10:06 am

    Property Features for 218 N Madison St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    16601340001019000
    Size
    23,270 SF
    Lot size
    0.96 Acres

    Utilities

    Heating system
    Natural Gas, Central

    Building Details

    Flooring type
    Concrete, Ceramic
    Roof type
    Metal, Rolled Hot Mop

    We can help!

    Listing Contact
    Connor McGehee
    Connor McGehee

    Keller Williams Realty of SW Missouri (417) 623-9900

    Listing agent Connor McGehee (417) 623-9900 License #2021021408

    Listing date Jan 16, 2026

    MLS# 255866

    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.

    Learn more

    Overview

    Webb City Mixed-Use Investment

    This Webb City property offers a diverse investment opportunity, featuring approximately 20,000 square feet of industrial space suitable for a machinist or business seeking expansion. The property also includes three residential units and a retail/salon space, all currently leased to provide monthly income. A dedicated parking area of approximately 0.45 acres across the street is available for tenants and employees. The property, situated on a 0.96-acre lot, presents an opportunity for immediate operation and income generation. While the property shows some age, it offers significant potential with some improvements. The property is located in Webb City, Missouri.
    Location Intelligence

    Current Use by Public Records

    DRM Industries Machine Shop New Life Counseling ... Mental Health Service

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Webb City
    County
    Jasper
    State
    Missouri
    Longitude
    -94.474796
    Latitude
    37.148404

    Nearby Similar for Sale

    • $475,000
      Pending

      Webb City Commercial Restaurant Opportunity

      Restaurant space in Webb City with high traffic and visibility.
      111 N Madison St, Webb City, MO 64870
      View Details
    • $475,000
      Pending

      Webb City Commercial Opportunity

      3400 sq ft commercial space in Webb City, Missouri.
      111 N Madison St, Webb City, MO 64870
      View Details
    • $115,000
      Pending

      Historic Route 66 Triplex

      Triplex on Historic Route 66 with income potential.
      1301 W Broadway St, Webb City, MO 64870
      View Details
    • $995,000
      9,400 SF

      Versatile Property in Webb City

      Adaptable commercial property with ample parking and expansion potential.
      499 Fountain Rd, Webb City, MO 64870
      View Details
    • $144,000
      1,128 SF

      Webb City Duplex: Income Potential

      Income-generating duplex in Webb City, ideal for investors or homeowners.
      1530 S Oronogo St, Webb City, MO 64870
      View Details
    • $330,000
      Pending

      Versatile Commercial Property in Webb City

      Adaptable commercial space ready for customization in Webb City, MO.
      100 N Main Rd, Webb City, MO 64870
      View Details
    • $249,000
      13,650 SF

      Webb City Mixed-Use Development Land

      Prime .35-acre lot, build-ready, C-3 zoning.
      604 Madison St, Webb City, MO 64870
      View Details
    • $450,000
      11,966 SF

      Webb City Warehouse - $450K

      11,966 SF Warehouse, Great Location
      601 Daugherty St, Webb City, MO 64870
      View Details

    FAQs

    What type of property is this?
    Industrial property - Industrial, residential, and retail spaces for sale in Webb City.
    Where is this industrial property located?
    The property is located at 218 N Madison St Webb City, MO.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - 20,000 +/- sq ft of industrial space ideal for machinists or business expansion.; - Active and operating facility allows for immediate business operations.; - Three residential units and a retail/salon space provide additional monthly income.
    (206) 549-9076
    Request Owner's contact information
    218 N Madison St Webb City, MO 64870
    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.
    218 N Madison St
    Webb City, MO 64870
    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
    218 N Madison St Webb City, MO 64870
    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

    We can help!
    Listing Contact
    Connor McGehee
    Connor McGehee
    Real Estate License ID: 2021021408
    (206) 549-9076
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.