106 Hospital Drive, Smithville, MO 64089
COMMERCIAL - Smithville, MO
- Added:
- May 13, 2026
- Days on Market:
- 46
- Last Refresh:
- Jun 27 at 7:06 am
Property Features for 106 Hospital Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- Interior features
- Storage, In-Law Floorplan, Elevator, Private Restroom, Public Restroom, Refrigerator Facility
- Exterior features
- Building Sign
- Accessibility
- Accessible Elevator Installed
- Standard status
- Active
- APN
- 05-905-00-03-020.00
- Lot size
- 2.32 Acres
Taxes and HOA fees
- Tax Description
- TBD by Title Company
Utilities
- Utilities
- Natural Gas Available
Building Details
- Additional Structures
- Storage
Listing agent Randy Swope License #2010008386 (816) 550-7879
Listing office Platinum Realty LLC 9393 West 110th St Suite 170, Overland Park, MO (888) 220-0988
Listing date May 13, 2026
Copyright © 2026 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Newly renovated 32,000 SF facility formerly used as a nursing home
- 55 guest rooms with private baths and walk‑in closets; each room has its own climate control
- 2.32‑acre site with large terrace off the back, backing to woods and adjacent to the hospital
- Fully equipped commercial kitchen with two walk‑in refrigerators (all appliances stay)
- Multiple offices and meeting spaces plus a 40x40 chapel/recreational space
- Updates include flooring, paint, plumbing, electrical, HVAC, and roof; elevator and accessible elevator installed
Overview
The property is situated on 2.32 acres and backs to woods. It is adjacent to the hospital and features a large terrace off the back of the building.
Designed around resident room living and common-area programming, the facility’s room count, private bathroom setup, and dedicated climate control may support healthcare and group residential concepts where private accommodations and multiple interior gathering areas are important. The owner has completed many updates, including flooring, paint, plumbing, electrical, HVAC, and roof, with a detailed update list available to interested buyers.
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $748.8k | $23.40 |
| − Vacancy | −$80.1k | −$2.50 |
| EGI | $668.7k | $20.90 |
| − OpEx | −$267.5k | −$8.36 |
| NOI | $401.2k | $12.54 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Saint Luke's Home Care & Hospice — 601 US-169, Smithville, MO 64089
- Omega Health Care of NW Missouri — 215 US-169, Smithville, MO 64089
- Baptist Homes of Smithville — 106 Hospital Dr, Smithville, MO 64089
Location Insight
- Map
- Local Demand
- City
- Smithville
- County
- Clay
- State
- Missouri
- Longitude
- -94.58018
- Latitude
- 39.378395
