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    El Dorado Springs Commercial Building Title is generated by Realmo AI

    703 E Hospital Road, El Dorado Springs, MO 64744

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    Claim this Listing
    For Sale
    $299,500

    SINGLE_FAMILY - El Dorado Springs, MO

    Type:Retail
    Property size:
    2,300 SF
    Lot size:
    0.35 Acres
    Price / SF:
    $130/SF
    Added:
    Jul 16, 2025
    Days on Market:
    302
    Last Refresh:
    May 13 at 11:06 am

    Property Features for 703 E Hospital Road

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Bathrooms
    2
    Rooms
    Bathroom 2, Bathroom 1
    Standard status
    Active
    APN
    03-0.8-28-004-001-020.01
    Size
    2,300 SF
    Lot size
    0.35 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    GAMMONS SUBDIVISION LOT 4
    Tax Annual Amount
    2649

    Utilities

    Utilities
    Natural Gas Available
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Electric, Central Air

    Building Details

    Year built
    1995
    Roof type
    Composition

    We can help!

    Listing Contact
    Ryan Hubbard

    Listing agent Ryan Hubbard

    Listing office United Country American Heartland Real Estate MO

    Listing date Jul 16, 2025

    MLS# 60299791

    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

    • Live/Work Opportunity: Includes nearly 900 sq ft of living quarters, allowing the owner to live on‑site.
    • Established Commercial Building: Approximately 2,300 sq ft building with 1,300 sq ft of retail space, continuously operated as a floral/gift shop for 30 years.
    • Retail Ready: Includes showroom space, work area with sink, cash register area, 10'x7' walk‑in cooler with display, and public restroom.
    • Recent Updates: Features a new roof (installed last year) and a regularly maintained asphalt parking lot.
    • Versatile Commercial Space: Suitable for various businesses.
    • Includes Appliances: Kitchen appliances, washer, and dryer are included in the sale.

    Overview

    Located in El Dorado Springs, Missouri, this commercial building offers an opportunity to own a small business. The building, constructed 30 years ago, has been used as a floral and gift shop. The property features nearly 2,300 finished square feet, including over 1,300 square feet dedicated to retail space. The retail area includes two showrooms with spot lighting, a work area with a sink, a cash register area, a 10'x7' walk-in cooler with display, and a public restroom. Additionally, the building incorporates almost 900 square feet of living quarters, complete with a full kitchen (appliances included), a dining area, and a living/office area. A full bathroom on the main level includes a utility closet with a washer and dryer. Upstairs, there is a large bedroom and a second full bathroom, both featuring arched windows. Recent updates to the building include a new roof and a regularly maintained asphalt parking lot. Situated on a 0.35-acre lot, this commercial building is suitable for a variety of businesses, including retail, medical office, spa, professional office, and daycare. The business and inventory are available to be sold with the building for an additional cost.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    All Occasion Floral ... (Bike/Boat/Book/etc) Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    El Dorado Springs
    County
    Cedar
    State
    Missouri
    Longitude
    -94.013432
    Latitude
    37.859441

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    FAQs

    What type of property is this?
    Storefront property - Commercial building with retail space and living quarters for sale.
    Where is this storefront property located?
    The property is located at 703 E Hospital Road El Dorado Springs, MO.
    What is the asking price?
    The asking price for this property is $299,500.
    What are key features of this property?
    This property features: Live/Work Opportunity: Includes nearly 900 sq ft of living quarters, allowing the owner to live on‑site.; Established Commercial Building: Approximately 2,300 sq ft building with 1,300 sq ft of retail space, continuously operated as a floral/gift shop for 30 years.; Retail Ready: Includes showroom space, work area with sink, cash register area, 10'x7' walk‑in cooler with display, and public restroom.
    (417) 296-4572
    We can help!
    Listing Contact
    Ryan Hubbard
    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.

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