Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Doniphan Commercial Property with Potential Title is generated by Realmo AI

    103 East Water Street, Doniphan, MO 63935

    View on Map
    Claim this Listing
    New
    Picture of Mixed-use properties at 103 East Water Street, Doniphan, MO
    For Sale
    $110,000

    Commercial Sale - Doniphan, MO

    Property size:
    2,340 SF
    Lot size:
    0.40 Acres
    Price / SF:
    $47/SF
    Added:
    May 13, 2026
    Days on Market:
    2
    Last Refresh:
    May 14 at 6:06 pm

    Property Features for 103 East Water Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    13-7.0-26-203-001-0008.000
    Size
    2,340 SF
    Lot size
    0.40 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    1165

    Utilities

    Heating system
    Electric (Heating), Forced Air
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1930
    Building materials
    Frame
    Architectural style
    Other

    We can help!

    Listing Contact
    Billy Yates
    Billy Yates

    Listing agent Billy Yates License #2021018194

    Listing office Poplar Bluff Realty Inc 1800 N Westwood Blvd, Poplar Bluff, MO

    Listing date May 13, 2026

    MLS# 26029736 Listing URL

    Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • High‑visibility location in Doniphan, MO
    • Nearly 2,500 sq ft of flexible commercial space
    • Multiple connected buildings with seamless interior access
    • Loading dock and large garage door for easy loading/unloading
    • Suitable for retail, warehouse, office, workshop, or multi‑use business
    • Investment opportunity with redevelopment potential

    Overview

    Located in Doniphan, MO, this commercial property offers approximately 2,500 sq ft of space suitable for retail, warehouse, office, workshop, or multi-use business operations. The property consists of multiple connected buildings with interior access throughout. It features retail and display areas, storage space, three bathrooms, and a loading dock. A large garage door facilitates loading and unloading. The property, situated in a high-visibility location, is being sold AS IS and offers customization potential for various business needs. The lot size is 0.4 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Doniphan
    County
    Ripley
    State
    Missouri
    Longitude
    -90.8270132
    Latitude
    36.6189537

    Nearby Similar for Sale

    • $110,000
      2,500 SF

      Doniphan Commercial Property with Potential

      Versatile commercial property in Doniphan, MO, with high potential.
      103 E Water Street, Doniphan, MO 63935
      View Details
    • $199,500
      2,600 SF

      Turn-Key Convenience Store Opportunity

      Established convenience store near Arkansas border with equipped kitchen.
      6632 Ripley Route E, Doniphan, MO 63935
      View Details
    • $599,900
      19,200 SF

      Doniphan Commercial Building For Sale

      19,200 SF commercial building on main highway in Doniphan.
      100 H&S US Highway 160, Doniphan, MO 63935
      View Details
    • $498,000
      3,572 SF

      Remodeled Motel in Tourist Area

      Remodeled motel with apartments near Current River and Mark Twain Forest.
      1307 Walnut, Doniphan, MO 63935
      View Details
    • $385,000
      1,596 SF

      Turnkey Restaurant Business Opportunity

      Established BBQ restaurant for sale in Doniphan, Missouri.
      311 Leroux Street, Doniphan, MO 63935
      View Details
    • $225,000
      6,893 SF

      Downtown Doniphan Multi-Use Building

      Large commercial building in downtown Doniphan with multiple potential uses.
      209 Washington Street, Doniphan, MO 63935
      View Details
    • $315,000

      120 Acres Bordering National Forest

      120 acres m/l bordering Mark Twain National Forest.
      0 Highway 160W-13, Doniphan, MO 63935
      View Details
    • $1,200,000
      2,344 SF

      Picturesque Farm with Creek Frontage

      170-acre farm featuring pastures, timber, and creek in Missouri.
      444 Ripley Route DD, Doniphan, MO 63942
      View Details
    • $599,900

      150 Acre Farm with Creek

      Secluded 150-acre farm with pasture, ponds, and creek.
      1091 Ripley J-2, Doniphan, MO 63935
      View Details
    • $125,000
      1 SF

      Doniphan Farm Ready for Living

      20-acre farm with ponds, barn, and utilities in place.
      391 Ripley 160W-21A, Doniphan, MO 63935
      View Details
    • $999,900

      Southern Missouri Cattle Farm

      240-acre cattle farm with pasture, forest, and water sources.
      TBD Ripley Rt V, Doniphan, MO 63935
      View Details
    • $2,290,152
      26,608 SF

      Retail Property with Strong Tenant

      Retail property with a Fortune 500 tenant.
      115 Leroux St, Doniphan, MO
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - High-visibility commercial property with retail, warehouse, and office potential.
    Where is this mixed-use property located?
    The property is located at 103 East Water Street Doniphan, MO.
    What is the asking price?
    The asking price for this property is $110,000.
    What are key features of this property?
    This property features: High‑visibility location in Doniphan, MO; Nearly 2,500 sq ft of flexible commercial space; Multiple connected buildings with seamless interior access
    (615) 479-0627
    We can help!
    Listing Contact
    Billy Yates
    Billy Yates
    Real Estate License ID: 2021018194
    Learn More
    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
    103 East Water Street, Doniphan, MO 63935
    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!