Warehouse with Parking
For Sale
$400,000
00 W Foreman Street, Jonesburg, MO 63351
The property includes a concrete driveway, open areas, and a parking lot.
Property Size3,600 SF
Days on Market130
Property Features for 00 W Foreman Street
General Information
Standard status
Active
Size
3,600 SF
Amenities
Concrete, Driveway, Open, Parking Lot
Building Details
Building Size
3,600 SF
Year Built
1994
Buildings
1
Stories
2
Listing Agency:
Trophy Properties & Auction
(314) 541-1218
Listed By:
Eric Merchant · License #MO 1999068395
(314) 541-1218
Source:
Evrealestate
Added: Apr 24
Changed: Aug 31
Last Checked: Aug 31 at 12:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Trophy Properties & Auction
Investment Insights
Based on property information with market context.
This warehouse property was built in 1994 and features concrete exterior areas, a driveway, open space, and a parking lot.
The property is located at 00 W Foreman Street in Jonesburg, Missouri, within Montgomery County.
The property is located at 00 W Foreman Street in Jonesburg, Missouri, within Montgomery County.
Key Highlights
- Warehouse constructed in 1994
- Concrete exterior areas
- Driveway and open exterior space
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
$18,232
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
4.56%
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%
$364,640
$364.6K
Cap Rate 7%
$260,457
$260.5K
Cap Rate 9%
$202,578
$202.6K
Market Conditions
NOI Build-Up for 3,600 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
$22.3K $6.20/SF
− Vacancy
−$870 −$0.24/SF
EGI
$21.4K $5.96/SF
− OpEx
−$3.2K −$0.89/SF
NOI
$18.2K $5.06/SF
Area
Montgomery County, MO
Vacancy
3.90%
Lease Rate
$6.20 /SF/Yr
Expense Ratio
15.00%
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%
$364,640
Cap Rate 7%
$260,457
Cap Rate 9%
$202,578
Alternative Uses
Best Use
Warehouse
$260.5K
$227.9K – $303.9K
NOI $18,232 @ 7.0% cap · market cap 4.56%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.29M
$1.13M – $1.51M
NOI $90,634 @ 7.0% cap · market cap 22.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
85
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 63351, MO
1,766
Population
656
Households
2.7
Avg Household Size
48
Median Age
12%
College-Educated
85%
High-School Grad
55.5 sq mi
ZIP Area
32
Density / Sq Mi
$66,528
Median Household Income
$39,671
Median Earnings
$911
Median Rent
$207,500
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Locked Up Tight Storage — 512 E Booneslick Rd, Jonesburg, MO 63351
Frequently Asked Questions
What type of property is this?
Warehouse - The property includes a concrete driveway, open areas, and a parking lot.
Where is this warehouse located?
The property is located at 00 W Foreman Street Jonesburg, MO.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Warehouse constructed in 1994; Concrete exterior areas; Driveway and open exterior space
