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Retail Space with Private Offices
New
For Sale
$399,000

107 Keeling Pl, Bolivar, MO 65613

Flexible interior configuration includes open work areas, private rooms, storage, a break room, and restrooms.

Property Size3,596 SF
Price / SF$110.96
Days on Market7

Property Features for 107 Keeling Pl

General Information

Standard status Active
Size 3,596 SF
Property subtype Commercial

Amenities

select existing furniture included

Building Details

Year Built 1975
Listing Agency: Tom Kissee Real Estate Co
Listed By: Thomas W Kissee · License #1999020983
Source: Trilakeshomesearch
Added: Sep 30 Changed: Oct 4 Last Checked: Oct 5 at 6:51PM

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 Tom Kissee Real Estate Co

Investment Insights

Based on property information with market context.

This 3,596-square-foot retail property, built in 1975, combines a large open work area with private offices, substantial storage, a break room, and restrooms. Select furniture is included in the sale.

Dedicated off-street parking is available for visitors and staff. The property is in Bolivar, just south of the historic square.

Key Highlights

  • 3,596 square feet of retail space
  • Open work area plus private offices
  • Storage, break room, and restrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,762
Cap Rate
6.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$535,240 $535.2K
Cap Rate 7%
$382,314 $382.3K
Cap Rate 9%
$297,356 $297.4K
Market Conditions
NOI Build-Up for 3,596 SF
Gross rent
$39.7K $11.04/SF
− Vacancy
−$1.5K −$0.41/SF
EGI
$38.2K $10.63/SF
− OpEx
−$11.5K −$3.19/SF
NOI
$26.8K $7.44/SF
Area
Polk County, MO
Vacancy
3.70%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$535,240
Cap Rate 7%
$382,314
Cap Rate 9%
$297,356

Alternative Uses

Best Use
Retail
$382.3K
$334.5K – $446.0K (±1% cap)
NOI $26,762 @ 7.0% cap · market cap 6.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$542.8K
$474.9K – $633.2K (±1% cap)
NOI $37,993 @ 7.0% cap · market cap 9.52%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Building Supply Real Estate Agency Grocery & Convenience Store Bakery Furniture & Home Goods Kitchen & Bath Showroom

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

637
Businesses Nearby
93k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 72% Shops & Services 25% Electronics 3%
McDonald's Dining
30,111 visits/mo 0.2 miles
SONIC Drive In Dining
19,595 visits/mo 0.2 miles
Bolivar Shops & Services
9,606 visits/mo 0.5 miles
El Rodeo Dining
7,167 visits/mo 0.4 miles
Domino's Pizza Dining
7,003 visits/mo 0.0 miles

Demographics for 65613, MO

17,890
Population
7,327
Households
2.4
Avg Household Size
37
Median Age
26%
College-Educated
90%
High-School Grad
184.9 sq mi
ZIP Area
97
Density / Sq Mi
$56,919
Median Household Income
$31,765
Median Earnings
$828
Median Rent
$197,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible interior configuration includes open work areas, private rooms, storage, a break room, and restrooms.
Where is this retail space located?
The property is located at 107 Keeling Pl Bolivar, MO.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 3,596 square feet of retail space; Open work area plus private offices; Storage, break room, and restrooms
More about this property
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