1223 S Ash Street # 10, Buffalo, MO 65622

Building Details

Year Built 2001 More

Listing Agency: Century 21 Maddux Realty, Inc j***@yahoo.com Show Phone

Listed By: Patricia A Maddux · License #2002018208 Show Phone

Source: Onefiverealestate

Added: Aug 4 Changed: Nov 6 Last Checked: Nov 6 at 9:29AM

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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 Century 21 Maddux Realty, Inc

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Investment Insights

Based on property information with market context.

This mixed-use property combines office areas, living quarters, and a shop. The residential portion includes a living room, dining area, kitchen, one bedroom, and 1.5 baths, plus a separate room plumbed for another bath. Several office partitions can be removed to open the interior. Heating and cooling serve the building except for one 20-by-12-foot room. The shop has a 14-by-14-foot door, and upstairs storage measures approximately 1,350 square feet.

The property occupies 1.4 acres along Highway 65, also identified as Ash Street. A large sign faces the road. The site is enclosed by fencing with a gated entrance, and a road easement is recorded on the deed. The building was constructed in 2001.

Key Highlights

• 1.4 acres with room for expansion
• Mixed‑use building includes living quarters, office areas, and a shop
• Residential area has one bedroom, 1.5 baths, and a room plumbed for another bath

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$14,648

Cap Rate

3.05%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$292,960 $293.0K

Cap Rate 7%

$209,257 $209.3K

Cap Rate 9%

$162,756 $162.8K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,958 SF

Gross rent

$24.7K $12.60/SF

− Vacancy

−$1.2K −$0.63/SF

EGI

$23.4K $11.97/SF

− OpEx

−$8.8K −$4.49/SF

NOI

$14.6K $7.48/SF

Area

Dallas County, MO

Vacancy

5.00%

Lease Rate

$12.60 /SF/Yr

Expense Ratio

37.50%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$292,960

Cap Rate 7%

$209,257

Cap Rate 9%

$162,756

Alternative Uses

Best Use

Mixed Use

$209.3K

$183.1K – $244.1K (±1% cap)

NOI $14,648 @ 7.0% cap · market cap 3.05%

Second Best

Retail

$208.2K

$182.2K – $242.9K (±1% cap)

NOI $14,572 @ 7.0% cap · market cap 3.04%

Theoretical Best

Office A

$295.5K

$258.6K – $344.8K (±1% cap)

NOI $20,687 @ 7.0% cap · market cap 4.31%

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

Property Analytics

Current Use

Montgomery Sheet Metal ... HVAC Service

Suggested Use

Top Pick Big Box & Wholesale Store HVAC Service (Bike/Boat/Book/etc) Store Bakery Electrical Service Building Supply

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

Fenced yard

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

419

Businesses Nearby

Explore this area Business Placement

Demographics for 65622, MO

8,461

Population

3,517

Households

2.4

Avg Household Size

42

Median Age

19%

College-Educated

91%

High-School Grad

151.4 sq mi

ZIP Area

56

Density / Sq Mi

$44,231

Median Household Income

$38,426

Median Earnings

$659

Median Rent

$143,200

Median Home Value

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?

Mixed-use property - A fenced site combines flexible office space, residential quarters, and a service shop along Highway 65.

Where is this mixed-use property located?

The property is located at 1223 S Ash Street # 10 Buffalo, MO.

What is the asking price?

The asking price for this property is $479,900.

What are key features of this property?

This property features: 1.4 acres with room for expansion; Mixed‑use building includes living quarters, office areas, and a shop; Residential area has one bedroom, 1.5 baths, and a room plumbed for another bath