1-Bedroom Each-Side
For Sale
$255,000
719 A & B W Cornhill, Cameron, MO 64429
MULTI_FAMILY - Cameron, MO
Property Size1,600 SF
Price / SF$159.38
Days on Market125
Property Features for 719 A & B W Cornhill
General Information
Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
Listing Agency:
The OConnor Agency - United Country Real Estate
(816) 632-3721
Listed By:
Bruce Witt
(816) 632-3721
Added: Apr 29
Changed: Jul 16
Last Checked: Aug 31 at 9:06AM
MLS# 11866577
Copyright © 2026 My State MLS. 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.
Under construction duplex featuring 1-bedroom, 1-bath residences on each side. Each unit is described as 800 square feet and is currently being built as a quality-construction residential income property.
The property is located on the south side of Cameron, Missouri, near parks, schools, and VA Home. Off-road parking is included, supporting convenient tenant access.
This is a two-unit configuration designed for separate living spaces, with each side laid out as an individual 1-bedroom, 1-bath home.
The property is located on the south side of Cameron, Missouri, near parks, schools, and VA Home. Off-road parking is included, supporting convenient tenant access.
This is a two-unit configuration designed for separate living spaces, with each side laid out as an individual 1-bedroom, 1-bath home.
Key Highlights
- Under construction duplex with 1 bed and 1 bath on each side
- Each unit offers 800 SF
- Off‑road parking included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,286
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.17%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$365,720
$365.7K
Cap Rate 7%
$261,229
$261.2K
Cap Rate 9%
$203,178
$203.2K
Market Conditions
NOI Build-Up for 1,600 SF
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.
Gross rent
$27.8K $17.40/SF
− Vacancy
−$1.7K −$1.07/SF
EGI
$26.1K $16.33/SF
− OpEx
−$7.8K −$4.90/SF
NOI
$18.3K $11.43/SF
Area
Clinton County, MO
Vacancy
6.17%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$365,720
Cap Rate 7%
$261,229
Cap Rate 9%
$203,178
Alternative Uses
Best Use
Multifamily LT 5
$261.2K
$228.6K – $304.8K
NOI $18,286 @ 7.0% cap · market cap 7.17%
Second Best
Apartment 5plus
$239.8K
$209.8K – $279.8K
NOI $16,785 @ 7.0% cap · market cap 6.58%
Theoretical Best
Retail
$353.5K
$309.3K – $412.5K
NOI $24,747 @ 7.0% cap · market cap 9.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
310
Businesses Nearby
Explore this area
Business Placement
Demographics for 64429, MO
11,744
Population
4,539
Households
2.6
Avg Household Size
40
Median Age
14%
College-Educated
91%
High-School Grad
151.1 sq mi
ZIP Area
78
Density / Sq Mi
$65,161
Median Household Income
$40,034
Median Earnings
$1,038
Median Rent
$186,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Newly under construction duplex with off-road parking and two 1-bedroom, 1-bath units.
Where is this duplex located?
The property is located at 719 A & B W Cornhill Cameron, MO.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Under construction duplex with 1 bed and 1 bath on each side; Each unit offers 800 SF; Off‑road parking included
