Remodeled Retail
For Sale
Contact for pricing
1103 BROADWAY Street, Oak Grove, MO 64075
Updated interior finishes and a private bathroom support a compact storefront layout.
Property Size550 SF
Price / SF$0.02
Days on Market73
Property Features for 1103 BROADWAY Street
General Information
Standard status
Active
Size
550 SF
Property subtype
Retail
Site & Location
Road Access
Yes
Utilities to Site
Yes
Amenities
private bathroom
sign area
Building Details
Year Built
1976
Listing Agency:
ReeceNichols - Lees Summit
(816) 524-7272
Listed By:
Tisha Renee Homfeld · License #2017037783
(816) 985-0848
Source:
Legendaryapartmentbrokers
Added: Aug 21
Changed: Oct 28
Last Checked: Nov 1 at 1:35AM
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 ReeceNichols - Lees Summit
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 550-square-foot retail unit was remodeled with fresh paint, new lighting, trim, and carpet. A private bathroom is also updated. The building dates to 1976.
The suite is at 1103 Broadway Street in Oak Grove, on the community’s main street. Sign space is provided; the tenant is responsible for the sign and its cost. The tenant also pays utilities and must carry renters insurance.
The suite is at 1103 Broadway Street in Oak Grove, on the community’s main street. Sign space is provided; the tenant is responsible for the sign and its cost. The tenant also pays utilities and must carry renters insurance.
Key Highlights
- 550‑square‑foot retail unit
- Remodeled with fresh paint, new lighting, trim, and carpet
- Private bathroom has been updated
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,322
Suggested Prices Based on Cap Rates
Cap Rate 5%
$106,440
$106.4K
Cap Rate 7%
$76,029
$76.0K
Cap Rate 9%
$59,133
$59.1K
Market Conditions
NOI Build-Up for 550 SF
Gross rent
$7.9K $14.40/SF
− Vacancy
−$317 −$0.58/SF
EGI
$7.6K $13.82/SF
− OpEx
−$2.3K −$4.15/SF
NOI
$5.3K $9.68/SF
Area
Jackson County, MO
Vacancy
4.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$106,440
Cap Rate 7%
$76,029
Cap Rate 9%
$59,133
Alternative Uses
Best Use
Retail
$76.0K
$66.5K – $88.7K
NOI $5,322 @ 7.0% cap · market cap 44,350.00%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$144.7K
$126.6K – $168.8K
NOI $10,126 @ 7.0% cap · market cap 84,383.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
86
Businesses Nearby
Explore this area
Business Placement
Demographics for 64075, MO
12,319
Population
4,695
Households
2.6
Avg Household Size
39
Median Age
20%
College-Educated
89%
High-School Grad
49.3 sq mi
ZIP Area
250
Density / Sq Mi
$80,825
Median Household Income
$45,176
Median Earnings
$980
Median Rent
$233,400
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Updated interior finishes and a private bathroom support a compact storefront layout.
Where is this retail space located?
The property is located at 1103 BROADWAY Street Oak Grove, MO.
What are key features of this property?
This property features: 550‑square‑foot retail unit; Remodeled with fresh paint, new lighting, trim, and carpet; Private bathroom has been updated
