Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Mixed-Use Commercial Building with Warehouse Title is generated by Realmo AI

    500 W Reed St, Moberly, MO 65270

    View on Map
    Claim this Listing
    For Sale
    $275,000

    COMMERCIAL - Moberly, MO

    Property size:
    6,440 SF
    Price / SF:
    $42/SF
    Added:
    Jul 24, 2025
    Days on Market:
    318
    Last Refresh:
    Jun 6 at 6:06 pm

    Property Features for 500 W Reed St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Mixed Us
    Basement
    Unfinished
    Standard status
    Active
    Size
    6,440 SF

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Building materials
    Brick, Metal Siding

    We can help!

    Listing Contact
    Lindsay Bailey
    Lindsay Bailey

    Listing agent Lindsay Bailey License #2017027223

    Listing office Weichert, Realtors-House of Brokers Columbia, MO

    Listing date Jul 24, 2025

    MLS# 25-354

    Copyright © 2026 Randolph County 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

    • Over 6,000 SF commercial building in downtown Moberly, offered for sale or for lease
    • Open‑concept interior layout plus a rear warehouse area for loading and deliveries
    • Rear warehouse provides convenient alley access
    • New roof and existing HVAC system; central air with forced‑air natural gas heating
    • Public water and public sewer service
    • Exterior materials include brick and metal siding

    Overview

    This mixed-use commercial building offers a flexible, open-concept interior layout combined with a rear warehouse space designed for deliveries. The property includes a new roof and an existing HVAC system, supporting immediate operational readiness while allowing tenants or owners to tailor the space to their business needs.

    Located in downtown Moberly, the building is positioned for visibility and serves a commercial market that supports a variety of concepts. Access for deliveries is provided via convenient alley access to the rear warehouse area, which can help streamline receiving and distribution. The property is also described as being approximately 30 minutes from Columbia.

    With build-to-suit options available (pricing may vary with buildout) and the listing positioned for retail, office, showroom, gym, restaurant, or mixed-use concepts, this asset can fit a range of growth strategies. Offered for sale or for lease, it may appeal to operators seeking a prominent downtown location with both front-of-house and back-of-house flexibility, as well as investors looking for a versatile commercial platform.
    Property Profile Location Intelligence

    Current Use by Public Records

    Coach Light Moberly (Bike/Boat/Book/etc) Store Coach Light Department 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
    Moberly
    County
    Randolph
    State
    Missouri
    Longitude
    -92.44158
    Latitude
    39.419713

    Nearby Similar for Sale

    • $275,000
      6,440 SF

      Downtown Moberly Commercial Opportunity

      6,000+ sq ft commercial space in downtown Moberly, Missouri.
      500 W Reed Street, Moberly, MO 65270
      View Details
    • $450,000

      Moberly Commercial Property with Income

      Commercial property featuring shops, residential rentals, and RV hookups.
      1075 County Road 1245, Moberly, MO 65270
      View Details
    • $299,000

      Moberly Mobile Home Park Opportunity

      Mobile home park with income and expansion potential in Moberly.
      916 Sinnock, Moberly, MO 65270
      View Details
    • $169,000
      4,387 SF

      Historic Downtown Moberly Restaurant Building

      Restaurant building for sale in Moberly's historic downtown.
      400 & 402 W Reed St, Moberly, MO 65270
      View Details
    • $115,000

      Commercial Property in High-Visibility Location

      Compact 2-bedroom property zoned commercial, suitable for living or business.
      1102 N Morley St, MOBERLY, MO, 65270-2737
      View Details
    • $125,000

      Downtown Moberly Versatile Office Building

      Office building in downtown Moberly with flexible layout.
      111 & 113 N Williams St., Moberly, MO 65270
      View Details
    • $65,000

      Downtown Moberly Office Building

      Office building in downtown Moberly with high potential.
      113 N Williams St., Moberly, MO 65270
      View Details
    • $164,000
      5,000 SF

      Remodeled Mixed-Use Building in Moberly

      Remodeled mixed-use building with apartment and shop area for sale.
      535 W Reed St, MOBERLY, MO, 65270-1509
      View Details
    • $90,000
      3,196 SF

      Moberly Multifamily Property For Sale

      Multifamily property in Moberly, Missouri, generating $1400 monthly income.
      710 W Rollins St, Moberly, MO 65270
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Flexible open-concept space paired with rear warehouse loading, plus a new roof and existing HVAC for operating flexibility.
    Where is this mixed-use property located?
    The property is located at 500 W Reed St Moberly, MO.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: Over 6,000 SF commercial building in downtown Moberly, offered for sale or for lease; Open‑concept interior layout plus a rear warehouse area for loading and deliveries; Rear warehouse provides convenient alley access
    (573) 826-8454
    We can help!
    Listing Contact
    Lindsay Bailey
    Lindsay Bailey
    Real Estate License ID: 2017027223
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    500 W Reed St, Moberly, MO 65270
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!