Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    210 S Grand Ave Houston, MO 65483

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $70,000

    Charming 1920s commercial space in historic downtown Houston, Missouri.

    Lot size:
    0.09 Acres

    Property Features for 210 S Grand Ave

    General Information

    Standard status
    Active
    Lot size
    0.09 Acres

    We can help!

    Listing Contact
    Zach Horton
    Source: Exprealty

    Listing Agency: United Country-Cozort Realty, Inc. Listing Agent: Zach Horton

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Historic Downtown Houston Commercial Property

    This 1,596 sq ft commercial property, constructed in 1920, is located in historic downtown Houston, Missouri. The space features high ceilings, ample lighting, and a kitchen area equipped with a sink. The property includes one bathroom, storage space, and concrete and vinyl flooring. Convenient street parking and proximity to local amenities enhance the location's appeal for various business uses, including retail, office, or creative endeavors. This property offers an opportunity to own a piece of downtown history.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Texas
    State
    Missouri
    Longitude
    -91.95624
    Latitude
    37.327233

    Nearby Similar for Sale

    • $70,000
      0.09 Acres

      Historic Downtown Houston Commercial Property

      Charming 1920s commercial space in historic downtown Houston, Missouri.
      210 S Grand Ave, Houston, MO 65483
      View Details
    • $250,000

      Versatile Commercial Building in Houston, MO

      7,900 sq ft multi-use building with development potential.
      115 W Steffens St, Houston, MO 65483
      View Details
    • $275,000

      Downtown Houston Commercial Building

      8,250 SF commercial building on 0.55 acres in Houston, MO.
      105 E Walnut St, Houston, MO 65483
      View Details
    • $595,000
      10,500 SF

      Income Producing Retail Property

      Fully leased retail property with local and national tenants.
      1591-1593 North Us Hwy, Houston, MO
      View Details
    • $595,000
      10,500 SF

      Leased Retail Center on Highway

      100% leased retail center on US Highway 63.
      1591 Us Hwy, Houston, MO 65483
      View Details
    • $325,000
      12,359 SF

      Historic Houston Apartment Complex

      10-Unit Income Property, Prime Location
      211 Grand Ave, Houston, MO 65483
      View Details
    • $99,900
      1,676 SF

      Downtown Houston Retail Gem

      Historic Charm, Modern Function, Prime Location
      210 Grand Ave, Houston, MO 65483
      View Details
    • $110,000
      0.24 Acres

      Prime Houston Commercial Building

      High-traffic location, versatile space, great value.
      408 Walnut St, Houston, MO 65483
      View Details
    • $575,000
      2.50 Acres

      Prime Hwy 63 Restaurant & Land

      Turnkey Smokehouse, 2.5 Acres, Hwy Frontage
      8366 Highway 63, Houston, MO 65483
      View Details
    • $1,100,000
      8.23 Acres

      Highway 63 Commercial Property

      Restaurant, RV Park, & Cabin on 8 Acres
      8364 Highway 63, Houston, MO 65483
      View Details

    FAQs

    What type of property is this?
    Retail space - Charming 1920s commercial space in historic downtown Houston, Missouri.
    Where is this retail space located?
    The property is located at 210 S Grand Ave Houston, MO.
    What is the asking price?
    The asking price for this property is $70,000.
    What are key features of this property?
    This property features: - Prime location in historic downtown Houston, Missouri.; - Versatile 1,596 sq ft space suitable for retail, office, or creative businesses.; - Vintage charm with **high ceilings and great lighting.**
    (417) 280-7351
    Request Owner's contact information
    210 S Grand Ave Houston, MO 65483
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    210 S Grand Ave
    Houston, MO 65483
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    210 S Grand Ave Houston, MO 65483
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Zach Horton
    (417) 280-7351
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.