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    De Soto Retail Business Opportunity Title is generated by Realmo AI

    400 S Main Street, De Soto, MO 63020

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    Claim this Listing
    For Sale
    $850,000

    Business - De Soto, MO

    Type:Business
    Property size:
    15,500 SF
    Lot size:
    0.14 Acres
    Price / SF:
    $54/SF
    Added:
    Dec 17, 2025
    Days on Market:
    158
    Last Refresh:
    May 24 at 4:06 pm

    Property Features for 400 S Main Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    24-1.2-02.2-3-022-001
    Size
    15,500 SF
    Lot size
    0.14 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    2341.69

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Electric

    Building Details

    Year built
    1870
    Building materials
    Brick
    Architectural style
    Other

    We can help!

    Listing Contact
    Patty Hammond

    Listing agent Patty Hammond License #2002011977

    Listing office Heartland Realty 122 S. Main Street, DeSoto, MO

    Listing date Dec 17, 2025

    MLS# 25081434 Listing URL

    Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Established, family‑owned business with included inventory and seller assistance during transition.
    • Dual storefronts offer the opportunity to operate a business while renting out the other side for additional income.
    • Large main office, great prep space, and an open upper level with unique features like a glass floor and lift elevator.
    • Recent maintenance includes roof work, updated electric, and HVAC improvements.
    • Historic brick building built in 1870.
    • All inventory is included with the purchase.

    Overview

    This property presents an opportunity to own a business and a piece of history. The existing business is a florist, gift shop, retail store, and seller of branded items. The family-owned business is well established. The building offers the opportunity to use one side while renting the other side out with its own storefront entrance. Maintenance has been done to the roof, some of the electric has been updated, and HVAC and general maintenance have been performed. The seller is retiring and ready to help the new buyer with operations. The business is known for its beautiful arrangements. All inventory is included with the purchase. The main office is large with a desk that will stay. The work area has great prep space. The seller will go through the whole building. The upper level is open with many opportunities and has a section of a glass floor and a lift elevator with an original pulley. The lot size is 0.14 acres. The property size is 15,500 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Clearance Corner - BUSINESS ... Discount Store Cherished Memories Florist ... (Bike/Boat/Book/etc) Store Cherished Memories Flowers ... (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    De Soto
    County
    St. Francois
    State
    Missouri
    Longitude
    -90.555217
    Latitude
    38.136087

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    FAQs

    What type of property is this?
    Retail space - Own a business and a piece of history!
    Where is this retail space located?
    The property is located at 400 S Main Street De Soto, MO.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: Established, family‑owned business with included inventory and seller assistance during transition.; Dual storefronts offer the opportunity to operate a business while renting out the other side for additional income.; Large main office, great prep space, and an open upper level with unique features like a glass floor and lift elevator.
    (314) 960-4580
    We can help!
    Listing Contact
    Patty Hammond
    Real Estate License ID: 2002011977
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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.

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