Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    103 S Delaware Street Nixa, MO 65714

    View on Map
    Claim this Listing
    New
    For Sale
    $375,000

    SINGLE_FAMILY - Nixa, MO

    Type:Retail
    Lot size:
    0.33 Acres
    Added:
    Apr 27, 2026
    Days on Market:
    1
    Last Refresh:
    Apr 27 at 11:06 pm

    Property Features for 103 S Delaware Street

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Bathrooms
    1
    Rooms
    Bathroom 1
    Standard status
    Active
    APN
    100613003005001000
    Lot size
    0.33 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    1644

    Utilities

    Utilities
    Water Available
    Cooling system
    Electric

    Building Details

    Year built
    1940

    We can help!

    Listing Contact
    Jason Massengale
    Jason Massengale

    Listing agent Jason Massengale License #2015008583

    Listing office Massengale Group - Keller Williams - Nixa 201 Village Center St., Springfield, MO

    Listing date Apr 27, 2026

    MLS# 60322017

    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.

    Overview

    Versatile Property on High-Traffic Corridor

    This property is located on a major corridor with high daily traffic. Zoned NC, it can be used as a residence, a business location, or a rental property. The property has been operating as an office and is described as clean, functional, and ready for immediate use. It is suitable for investors seeking a rental property, entrepreneurs desiring visibility without a strip mall lease, or individuals looking for a conveniently located residence. The location is a key asset. The lot size is 0.3326 acres. The property is located in Nixa, Christian County, Missouri.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Red Poppy Boutique Clothing & Fashion Store Forget Me Not ... Interior Design

    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.

    Similar Places Nearby

    • Moxie Flowers & More — 104 E Mt Vernon St, Nixa, MO 65714
    • Ladybug Floral — 123 S Main St, Nixa, MO 65714
    • Lilly's Floral — 400 N Massey Blvd, Nixa, MO 65714

    Location Insight

    • Map
    • Local Demand
    City
    Nixa
    County
    Christian
    State
    Missouri
    Longitude
    -93.299195
    Latitude
    37.043399

    Nearby Similar for Sale

    • $1,600,000

      Versatile Commercial Property | Event Venue

      Income-producing commercial property with event venue, restaurant, and bar potential.
      381 Guin Road, Nixa, MO 65714
      View Details
    • $975,000

      Nixa Commercial Property For Sale

      High-visibility commercial property with easy access in Nixa, Missouri.
      1011 1013 N Kenneth Street, Nixa, MO 65714
      View Details
    • $680,000
      1,564 SF

      Nixa Patio Homes Duplex

      New brick patio homes in Nixa. Each side purchasable separately.
      838 & 840 E Crystal Avenue, Nixa, MO 65714
      View Details
    • $300,000

      Renovated Commercial Space in Nixa

      Updated commercial property with income potential in high-traffic area.
      425 N Main Street, Nixa, MO 65714
      View Details
    • $849,500

      Renovated Retail Asset in Nixa

      6,150 SF renovated retail property in Nixa's growth corridor.
      270 272-276 E Mt Vernon St/107-109 Street, Nixa, MO 65714
      View Details
    • $2,895

      Remodeled Multi-Unit Commercial Building

      Remodeled commercial building in downtown Nixa, suitable for retail/office.
      108 E Mount Vernon Street, Nixa, MO 65714
      View Details
    • $365,000

      Remodeled Multi-Unit Commercial Building

      Remodeled multi-unit commercial building in the heart of downtown Nixa.
      108 E Mount Vernon Street, Nixa, MO 65714
      View Details
    • $795,000

      Remodeled Shopping Center with Anchor

      Remodeled shopping center with high occupancy and highway visibility.
      232 - 240 S Village Center Street, Nixa, MO 65714
      View Details
    • $450,000
      7,041 SF

      Retail/Warehouse Space in Nixa

      7,041 SF retail and warehouse space for sale.
      202 E Mount Vernon St, Nixa, MO
      View Details
    • $1,600,000
      15,000 SF

      Nixa Flex Industrial Property

      15,000 SF flex industrial property on 3 acres.
      2012 Michael Ln, Nixa, MO 65714
      View Details
    • Contact for pricing

      New Multifamily Complex in Nixa

      New 95-unit multifamily complex with amenities in Nixa, Missouri.
      106 Greenbriar Drive, Nixa, MO 65714
      View Details
    • Contact for pricing

      Springfield Duplex Community For Sale

      1997-built, 100% occupied duplex community in Springfield, Missouri.
      418 Mockingbird Lane, Nixa, MO 65714
      View Details

    FAQs

    What type of property is this?
    Storefront property - Well-kept property zoned NC, suitable for residence or business.
    Where is this storefront property located?
    The property is located at 103 S Delaware Street Nixa, MO.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: Zoned NC: Allows for residential, commercial, or rental use.; High‑traffic location on a major corridor.; Currently operating as a clean and functional office space.
    (417) 830-7951
    We can help!
    Listing Contact
    Jason Massengale
    Jason Massengale
    Real Estate License ID: 2015008583
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!