Warehouse Complex with Loading
For Sale
$2,800,000
1000 Baldwin Rd, Cameron, MO 64429
Commercial Sale, Cameron, MO
Property Size22,350 SF
Lot Size6.00 Acres
Price / SF$125.28
Days on Market114
Property Features for 1000 Baldwin Rd
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Lot size
6.00 Acres
Amenities
loading docks
basement
kitchen
living area
Listing Agency:
The OConnor Agency - United Country Real Estate
Listed By:
Bruce Witt
(816) 632-3721
Added: Jun 5
Changed: Sep 4
Last Checked: Sep 26 at 9:06PM
MLS# 11831572
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.
This warehouse property includes two Morton buildings totaling 22,350 square feet on a 6-acre commercial site. Building A measures 120x65x12 and includes full 10-foot poured basement walls with walkout access, 600-amp electric service, and 4 bathrooms. Building B measures 125x42x14 and contains 2 bathrooms, a full kitchen, and living area. Three loading docks and concrete surrounding the buildings support practical warehouse operations, while the balance of the land is available for additional development.
The property has frontage along US 36 highway and includes substantial road frontage. C-2 commercial zoning applies to the site, with parking areas serving the existing buildings.
The property has frontage along US 36 highway and includes substantial road frontage. C-2 commercial zoning applies to the site, with parking areas serving the existing buildings.
Key Highlights
- 6 acres with C‑2 commercial zoning
- 22,350 square feet across two Morton buildings
- Building A: 120x65x12 with walkout basement, 600‑amp electric, and 4 bathrooms
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
$105,562
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
3.77%
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%
$2,111,240
$2.1M
Cap Rate 7%
$1,508,029
$1.5M
Cap Rate 9%
$1,172,911
$1.2M
Market Conditions
NOI Build-Up for 22,350 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
$131.4K $5.88/SF
− Vacancy
−$7.2K −$0.32/SF
EGI
$124.2K $5.56/SF
− OpEx
−$18.6K −$0.83/SF
NOI
$105.6K $4.72/SF
Area
Clinton County, MO
Vacancy
5.50%
Lease Rate
$5.88 /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%
$2,111,240
Cap Rate 7%
$1,508,029
Cap Rate 9%
$1,172,911
Alternative Uses
Best Use
Warehouse
$1.51M
$1.32M – $1.76M
NOI $105,562 @ 7.0% cap · market cap 3.77%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$4.94M
$4.32M – $5.76M
NOI $345,682 @ 7.0% cap · market cap 12.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Dock-high doors
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
318
Businesses Nearby
Well-served
Demand for This Use
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 Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- A1 Self Storage LLC — 605 N Walnut St, Cameron, MO 64429
- Off Walnut Storage — 814 N Walnut St Rear, Cameron, MO 64429
- Sharp's Storage — 107 E Grand Ave, Cameron, MO 64429
- West Grand Storage — Cameron, MO 64429
- Mack's Mini Storage — 402 Lovers Ln, Cameron, MO 64429
Frequently Asked Questions
What type of property is this?
Warehouse - Two-building commercial property with C-2 zoning and US 36 highway frontage.
Where is this warehouse located?
The property is located at 1000 Baldwin Rd Cameron, MO.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 6 acres with C‑2 commercial zoning; 22,350 square feet across two Morton buildings; Building A: 120x65x12 with walkout basement, 600‑amp electric, and 4 bathrooms
