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Open-Span Flex Commercial Building
For Sale
$849,000

500 Peachtree Drive, Carthage, MO 64836

SINGLE_FAMILY - Carthage, MO

Property Size2,907 SF
Lot Size0.99 Acres
Price / SF$292.05
Days on Market130

Property Features for 500 Peachtree Drive

General Information

Property type Residential
Property subtype Retail
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Lot features Outbuilding(s), Level
Directions From I-49, take the Fir Rd exit. East on Fir Road to the light. South on The Loop to Peachtree Drive. Property is at the intersection of The Loop and Peachtree Drive.
Standard status Active
APN 14-5.0-21-0-0-72.0
Lot size 0.99 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Peach Tree Center Lot 22
Tax Annual Amount 5267
Legal Description Peach Tree Center Lot 22

Utilities

Utilities Water Available
Heating system Natural Gas
Cooling system Central Air

Building Details

Year built 2016
Listing Agency: PRO 100 Inc., REALTORS
Listed By: James I. Hunter, IV · License #201110009040
Added: Mar 28 Changed: Jul 23 Last Checked: Aug 4 at 11:06PM
MLS# 60319368

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.

Investment Insights

Based on property information with market context.

Built in 2016, this flex commercial building provides an open-span layout designed to support a range of business uses, including retail, office, medical, or restaurant concepts. Interior finishes include polished concrete flooring and exposed ductwork, creating a clean, contemporary environment. Two HVAC systems provide climate control, and the northeast side includes a structural beam intended to support future expansion.

The property is located just off I-49 in Carthage, Missouri, positioned for visibility and straightforward access. The existing structure sits on the western portion of a lot sized at approximately 0.99 acres, leaving room for additional parking, expansion, or further development.

Externally, the building features partial stone accents. With its flexible configuration and physical adaptability for growth, the property is well-suited for owner-users and investors seeking a commercially functional, modern space.

Key Highlights

  • Excellent accessibility and strong visibility just off I‑49.
  • Significant expansion potential on a 0.95‑acre lot.
  • Versatile 2,907 square foot open‑span space.

Financial Insights For Office B

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 $63.8k $21.96
− Vacancy −$12.8k −$4.39
EGI $51.1k $17.57
− OpEx −$12.8k −$4.39
NOI $38.3k $13.18
2,907 SF · lease $21.96/SF/yr · vacancy 20.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$547.2K
$478.8K – $638.4K (±1% cap)
NOI $38,303 @ 7.0% cap · market cap 4.51%
Second Best
Healthcare Medical
$414.9K
$363.0K – $484.0K (±1% cap)
NOI $29,041 @ 7.0% cap · market cap 3.42%
Theoretical Best
Office A
$877.1K
$767.5K – $1.02M (±1% cap)
NOI $61,396 @ 7.0% cap · market cap 7.23%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

304
Businesses Nearby

Demographics for 64836, MO

25,334
Population
10,241
Households
2.5
Avg Household Size
37
Median Age
24%
College-Educated
82%
High-School Grad
184.1 sq mi
ZIP Area
138
Density / Sq Mi
$58,775
Median Household Income
$35,311
Median Earnings
$883
Median Rent
$157,700
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Built in 2016, this open-span commercial building offers polished concrete floors and exposed ductwork with dual HVAC systems.
Where is this retail space located?
The property is located at 500 Peachtree Drive Carthage, MO.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Excellent accessibility and strong visibility just off I‑49.; Significant expansion potential on a 0.95‑acre lot.; Versatile 2,907 square foot open‑span space.
More about this property
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