Office Building Across Downtown
For Sale
$795,000
105 S 3rd Street Ozark, Ozark, MO 65721
For sale office building in downtown Ozark that is fully occupied and positioned across from the historic downtown square.
Property Size3,200 SF
Price / SF$248.44
Days on Market49
Property Features for 105 S 3rd Street Ozark
General Information
Standard status
Active
Size
3,200 SF
Occupancy
100%
Taxes and HOA fees
Annual Taxes
$5,020
Amenities
Sidewalk(s)
0.25
3200
Building Details
Building Size
3,200 SF
Year Built
2020
Listing Agency:
RE/MAX SHOWTIME
(417) 294-1629
Listed By:
Jon Holloway
(417) 294-1629
Source:
Jonholloway.showtimeproperties
Added: Jun 30
Changed: Aug 8
Last Checked: Aug 17 at 3:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX SHOWTIME
Investment Insights
Based on property information with market context.
This newer commercial office building offers a fully occupied setup, designed for ongoing tenant use. The property is positioned for day-to-day business operations with dedicated office space within a professional downtown structure.
Located in downtown Ozark at 105 S 3rd Street, the building sits directly across from the historic downtown square. That prominent placement provides convenient visibility and an address anchored in the community’s established central district.
As an income-producing office asset being sold fully occupied, the property may appeal to buyers seeking an immediately utilized office investment in downtown Ozark. Its existing tenant occupancy can support a straightforward transition for ownership, while the building’s downtown setting keeps it aligned with business demand that looks for central access and proximity to the historic square.
Located in downtown Ozark at 105 S 3rd Street, the building sits directly across from the historic downtown square. That prominent placement provides convenient visibility and an address anchored in the community’s established central district.
As an income-producing office asset being sold fully occupied, the property may appeal to buyers seeking an immediately utilized office investment in downtown Ozark. Its existing tenant occupancy can support a straightforward transition for ownership, while the building’s downtown setting keeps it aligned with business demand that looks for central access and proximity to the historic square.
Key Highlights
- Office building built in 2020 in downtown Ozark
- Building area totals 3,200 SF
- Fully occupied commercial office building
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
$25,357
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
3.19%
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%
$507,140
$507.1K
Cap Rate 7%
$362,243
$362.2K
Cap Rate 9%
$281,744
$281.7K
Market Conditions
NOI Build-Up for 3,200 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
$35.3K $11.04/SF
− Vacancy
−$1.5K −$0.47/SF
EGI
$33.8K $10.57/SF
− OpEx
−$8.5K −$2.64/SF
NOI
$25.4K $7.92/SF
Area
Christian County, MO
Vacancy
4.30%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
25.00%
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%
$507,140
Cap Rate 7%
$362,243
Cap Rate 9%
$281,744
Alternative Uses
Best Use
Office B
$362.2K
$317.0K – $422.6K
NOI $25,357 @ 7.0% cap · market cap 3.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$483.0K
$422.6K – $563.5K
NOI $33,809 @ 7.0% cap · market cap 4.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
380
Businesses Nearby
Explore this area
Business Placement
Demographics for 65721, MO
32,975
Population
13,467
Households
2.4
Avg Household Size
36
Median Age
35%
College-Educated
93%
High-School Grad
95.9 sq mi
ZIP Area
344
Density / Sq Mi
$76,552
Median Household Income
$41,653
Median Earnings
$991
Median Rent
$253,700
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - For sale office building in downtown Ozark that is fully occupied and positioned across from the historic downtown square.
Where is this office building located?
The property is located at 105 S 3rd Street Ozark Ozark, MO.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Office building built in 2020 in downtown Ozark; Building area totals 3,200 SF; Fully occupied commercial office building
