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Multi-Building Flex Property
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1108 SW US-40, Blue Springs, MO 64014

Service and retail configuration with SO zoning and flexible month-to-month tenancy.

Property Size7,500 SF
Lot Size0.49 Acres
Price / SF$106.53
Days on Market179

Property Features for 1108 SW US-40

General Information

Standard status Active
Size 7,500 SF
Lot size 0.49 Acres
Property subtype Retail
Zoning SO
Lease Type NN
Investment Type Value Add

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Renovated 1991
Units 2
Tenancy Multi
Listing Agency: Reece Commercial
Listed By: Bryan Hunter · License #2013010204
Source: Crexi
Added: Apr 20 Changed: Oct 14 Last Checked: Oct 14 at 10:57PM

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 Reece Commercial

Investment Insights

Based on property information with market context.

This 7,500-square-foot commercial property comprises multiple buildings on a 0.49-acre site. The current configuration combines an automotive service operation with retail space, creating a practical blend of service and customer-facing areas. Both occupancies are leased on a month-to-month basis, allowing flexibility for continued operation or future repositioning.

The property fronts the eastbound side of US 40 Highway at 1108 SW US-40 in Blue Springs, Missouri. It is located within the city’s Service/Office District, identified as SO zoning. Permitted uses stated for the district include auto repair, retail, professional services, and light commercial or industrial applications.

Key Highlights

  • 7,500 SF commercial property across multiple buildings
  • 0.49‑acre site with frontage on eastbound US 40 Highway
  • Current configuration includes automotive service and retail occupancies

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$72,576
Cap Rate
9.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,451,520 $1.5M
Cap Rate 7%
$1,036,800 $1.0M
Cap Rate 9%
$806,400 $806.4K
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$108.0K $14.40/SF
− Vacancy
−$4.3K −$0.58/SF
EGI
$103.7K $13.82/SF
− OpEx
−$31.1K −$4.15/SF
NOI
$72.6K $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%
$1,451,520
Cap Rate 7%
$1,036,800
Cap Rate 9%
$806,400

Alternative Uses

Best Use
Industrial
$1.62M
$1.42M – $1.90M (±1% cap)
NOI $113,712 @ 7.0% cap · market cap 14.23%
Second Best
Retail
$1.04M
$907.2K – $1.21M (±1% cap)
NOI $72,576 @ 7.0% cap · market cap 9.08%
Theoretical Best
Warehouse
$1.97M
$1.73M – $2.30M (±1% cap)
NOI $138,079 @ 7.0% cap · market cap 17.28%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith Nursing Home Daycare 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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

767
Businesses Nearby
Under-served
Demand for This Use

Demographics for 64014, MO

27,993
Population
11,068
Households
2.5
Avg Household Size
36
Median Age
36%
College-Educated
95%
High-School Grad
11.2 sq mi
ZIP Area
2,499
Density / Sq Mi
$84,187
Median Household Income
$49,462
Median Earnings
$1,301
Median Rent
$233,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Service and retail configuration with SO zoning and flexible month-to-month tenancy.
Where is this flex space located?
The property is located at 1108 SW US-40 Blue Springs, MO.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 7,500 SF commercial property across multiple buildings; 0.49‑acre site with frontage on eastbound US 40 Highway; Current configuration includes automotive service and retail occupancies
More about this property
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