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

    939 Main St Warsaw, MO 65355

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $149,900

    High-growth potential, established tenant.

    Property size:
    1,272 SF

    Property Features for 939 Main St

    General Information

    Property type
    Office properties & Spaces
    Square Feet
    1,272 SF
    Lot Size
    12,632 SF

    We can help!

    Listing Contact
    LISA B SPENCER
    LISA B SPENCER

    Listing Agency: Berkshire Hathaway HomeServices Lake Ozark Realty Listing Agent: LISA B SPENCER

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This 1,272 sq ft commercial office building, located at 939 Main Street E in Warsaw, MO, presents a compelling investment opportunity. Situated on a 0.29-acre lot, the property enjoys a prime location near major highways, downtown Warsaw, and Drake Harbor, ensuring high visibility and accessibility. Currently occupied by a service business tenant with a retail component, the building offers ample parking on both sides. A new HVAC system was installed in November 2024, minimizing immediate maintenance concerns. The existing lease agreement runs through July 31, 2025, with an option for the tenant to renew under a new owner or vacate earlier if requested by the buyer. This flexibility allows for a variety of investment strategies, catering to both passive income seekers and those looking for immediate occupancy. The commercially zoned property offers significant potential for future growth and development, making it an attractive prospect for investors seeking a strong return on investment in a thriving Missouri market. The property's strategic location and existing infrastructure provide a solid foundation for long-term success. Serious inquiries are encouraged to schedule a private showing. Please specify your occupancy preference when submitting an offer.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office properties & Spaces

    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
    Warsaw
    County
    Benton
    State
    Missouri
    Longitude
    -93.36584
    Latitude
    38.24008

    Nearby Similar for Sale

    • $399,500
      5,472 SF

      Prime Commercial Building in Warsaw

      Commercial building in the heart of Warsaw's business district.
      1895 E Main St, Warsaw, MO 65355
      View Details
    • New
      $69,900
      2,508 SF

      Prime Commercial Opportunity in Warsaw

      Excellent commercial space with high visibility in Warsaw, Missouri.
      1061 E 1St St, Warsaw, MO 65355
      View Details
    • New
      $69,900
      2,508 SF

      Warsaw Commercial Opportunity For Sale

      Commercial building with excellent visibility in the heart of Warsaw.
      1061 E 1St St, Warsaw, MO 65355
      View Details
    • $279,900
      5,472 SF

      Prime Commercial Building in Warsaw

      Commercial building in the heart of Warsaw's business district.
      1895 E Main St, Warsaw, MO 65355
      View Details
    • New
      $69,900
      2,508 SF

      Warsaw Office with High Visibility

      Commercial space in Warsaw with excellent visibility and business potential.
      1061 E 1St St, Warsaw, MO 65355
      View Details
    • $149,900
      1,272 SF

      Commercially Zoned Property in Warsaw

      Commercially zoned property with ample parking and development potential.
      939 Main St E, Warsaw, MO 65355
      View Details
    • $849,000
      7,000 SF

      Versatile Commercial Buildings Near Truman Lake

      Three commercial buildings in Warsaw, MO, near Truman Lake.
      1081 E Main St, Warsaw, MO 65355
      View Details
    • $169,900
      4,085 SF

      Warsaw Motel Remodel Opportunity

      Former 16-room motel on 2.8 acres near Lake of Ozarks.
      31560 Warsaw Ave, Warsaw, MO 65355
      View Details
    • $3,100,000
      24,012 SF

      Commercial Building in High-Visibility Location

      26,012 SF commercial building suitable for various business models.
      1330 Commercial St, Warsaw, MO 65355
      View Details
    • $430,000
      2.18 Acres

      Boutique Motel with Restaurant

      18-room motel with restaurant near Truman Lake and Ozarks.
      31535 83 Hwy, Warsaw, MO 65355
      View Details
    • $1,100,000
      1,800 SF

      Warsaw Campground & Lodging Investment

      Income-generating campground and lodging property near Truman Lake.
      32550 Mm Hwy, Warsaw, MO 65355
      View Details
    • $1,100,000
      1,800 SF

      Warsaw, MO Income Property

      Campground, motel, storage, and shop near Truman Lake.
      32550 Mm Hwy, Warsaw, MO 65355
      View Details

    FAQs

    What type of property is this?
    Office property - High-growth potential, established tenant.
    Where is this office property located?
    The property is located at 939 Main St Warsaw, MO.
    What is the asking price?
    The asking price for this property is $149,900.
    (573) 365-6868
    Request Owner's contact information
    939 Main St Warsaw, MO 65355
    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.
    939 Main St
    Warsaw, MO 65355
    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
    939 Main St Warsaw, MO 65355
    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

    We can help!
    Listing Contact
    LISA B SPENCER
    LISA B SPENCER
    Real Estate License ID: 2016039938
    (573) 365-6868 (573) 200-1655 (636) 532-5900
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!