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Flex Building with Shop
For Sale
$295,000

104 W Berry, Hamilton, MO 64644

Commercial Sale, Hamilton, MO

Property Size1,000 SF
Price / SF$295
Days on Market211

Property Features for 104 W Berry

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active

Amenities

finished office
full bath
kitchen
shop
rollup garage door
central air & heat
12x20 storage shed
Listing Agency: The OConnor Agency - United Country Real Estate
Listed By: Bruce Witt
Added: Mar 13 Changed: Oct 8 Last Checked: Oct 9 at 4:06PM
MLS# 11687115

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 flex property includes a 50 x 20 block building arranged with a finished office, full bath, kitchen, and shop area. A rear rollup garage door supports access to the shop, while central air and heat serve the building. A 12 x 20 storage shed provides additional enclosed storage.

The offering includes two commercial lots at 104 W Berry in Hamilton, Missouri. The second parcel is the vacant lot positioned west of the building, providing additional land with the existing improvements.

Key Highlights

  • Two commercial lots included in the offering
  • 50 x 20 block building with finished office, full bath, kitchen, and shop
  • Rear rollup garage door provides shop access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,795
Cap Rate
4.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$275,900 $275.9K
Cap Rate 7%
$197,071 $197.1K
Cap Rate 9%
$153,278 $153.3K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$22.7K $22.68/SF
− Vacancy
−$4.3K −$4.29/SF
EGI
$18.4K $18.39/SF
− OpEx
−$4.6K −$4.60/SF
NOI
$13.8K $13.80/SF
Area
Caldwell County, MO
Vacancy
18.90%
Lease Rate
$22.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$275,900
Cap Rate 7%
$197,071
Cap Rate 9%
$153,278

Alternative Uses

Best Use
Office B
$197.1K
$172.4K – $229.9K (±1% cap)
NOI $13,795 @ 7.0% cap · market cap 4.68%
Second Best
Flex RnD
$82.9K
$72.5K – $96.7K (±1% cap)
NOI $5,803 @ 7.0% cap · market cap 1.97%
Theoretical Best
Retail
$221.0K
$193.3K – $257.8K (±1% cap)
NOI $15,467 @ 7.0% cap · market cap 5.24%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Smitty's Used Cars ... Car Dealership

Suggested Use

Top Pick Building Supply Real Estate Agency Big Box & Wholesale Store Parking Lot & Garage Law Firm HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

222
Businesses Nearby
Balanced
Demand for This Use

Demographics for 64644, MO

2,977
Population
1,394
Households
2.1
Avg Household Size
41
Median Age
24%
College-Educated
92%
High-School Grad
107.5 sq mi
ZIP Area
28
Density / Sq Mi
$72,628
Median Household Income
$40,912
Median Earnings
$650
Median Rent
$171,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Similar Off Market Nearby

  • The Other Peoples BBQ — 515 E 7th St, Hamilton, MO 64644

Frequently Asked Questions

What type of property is this?
Flex space - Commercial property combines finished office space, a kitchen, full bath, shop area, and rear storage.
Where is this flex space located?
The property is located at 104 W Berry Hamilton, MO.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Two commercial lots included in the offering; 50 x 20 block building with finished office, full bath, kitchen, and shop; Rear rollup garage door provides shop access
More about this property
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