Building Details

Building Size 11,487 SF

Year Built 2008

Buildings 1

Units 7

Construction steel frame

Tenancy Multi

Listing Agency: Murney Associates - Primrose t***@murney.com Show Phone

Listed By: Langston Group · License #2017005672 Show Phone

Source: Hcwrealty

Added: Jun 18 Changed: Oct 24 Last Checked: Oct 24 at 3:06PM

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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 Murney Associates - Primrose

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Investment Insights

Based on property information with market context.

This 11,487-square-foot mixed-use center was built in 2008 with steel-frame construction, brick and cedar exterior finishes, and a steel roof. The seven units include office suites with reception areas and private offices, retail spaces with warehouse areas, climate-controlled storage, and a two-story office suite with a finished upper-level lounge and breakroom. The storage area contains 14 individual 5-by-10-foot units. Each suite has a separate storefront entrance, individual HVAC, and its own electric and propane meters.

The property fronts US Highway 76 between Branson and Forsyth. Six of the seven units are leased, while a 1,516-square-foot retail suite is available.

Key Highlights

• 11,487 SF mixed‑use center built in 2008
• Six of seven units are leased; 1,516 SF retail suite available
• Steel‑frame construction, brick and cedar exterior, and steel roof

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$81,845

Cap Rate

9.10%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,636,900 $1.6M

Cap Rate 7%

$1,169,214 $1.2M

Cap Rate 9%

$909,389 $909.4K

Is this asking price fair?

Market Conditions

NOI Build-Up for 11,487 SF

Gross rent

$137.8K $12.00/SF

− Vacancy

−$6.9K −$0.60/SF

EGI

$131.0K $11.40/SF

− OpEx

−$49.1K −$4.27/SF

NOI

$81.8K $7.12/SF

Area

Taney County, MO

Vacancy

5.00%

Lease Rate

$12.00 /SF/Yr

Expense Ratio

37.50%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,636,900

Cap Rate 7%

$1,169,214

Cap Rate 9%

$909,389

Alternative Uses

Best Use

Retail

$1.64M

$1.43M – $1.91M (±1% cap)

NOI $114,583 @ 7.0% cap · market cap 12.75%

Second Best

Mixed Use

$1.17M

$1.02M – $1.36M (±1% cap)

NOI $81,845 @ 7.0% cap · market cap 9.10%

Theoretical Best

Office A

$2.24M

$1.96M – $2.62M (±1% cap)

NOI $157,142 @ 7.0% cap · market cap 17.48%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Christian Action Ministry Church Automated Control Solutions Corporate Office

Suggested Use

Top Pick HVAC Service Computer & Electronic Repair Electrical Service Law Firm Storage Facility Tech Support Center

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

Lease Details

85.7%

Occupancy

Multi-tenant

Tenancy

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

32

Businesses Nearby

Explore this area Business Placement

Demographics for 65653, MO

5,806

Population

2,894

Households

2

Avg Household Size

50

Median Age

20%

College-Educated

92%

High-School Grad

63.8 sq mi

ZIP Area

91

Density / Sq Mi

$47,929

Median Household Income

$34,470

Median Earnings

$719

Median Rent

$181,400

Median Home Value

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?

Mixed-use property - Six suites are leased, with one retail space available for occupancy.

Where is this mixed-use property located?

The property is located at 10726 E State Highway 76 Forsyth, MO.

What is the asking price?

The asking price for this property is $899,000.

What are key features of this property?

This property features: 11,487 SF mixed‑use center built in 2008; Six of seven units are leased; 1,516 SF retail suite available; Steel‑frame construction, brick and cedar exterior, and steel roof