Flex Space with Overhead
For Sale
Contact for pricing
123 Industrial Park Drive #C, Hollister, MO 65672
Open interior space offers heating, air conditioning, and a restroom for flexible commercial occupancy.
Property Size12,000 SF
Price / SF$2.15
Days on Market124
Property Features for 123 Industrial Park Drive #C
General Information
Standard status
Active
Size
12,000 SF
Property subtype
Industrial
Building Details
Year Built
2006
Listing Agency:
Murney Associates - Primrose
(417) 823-2300
Listed By:
Galen B Pellham · License #1999033935
(417) 839-0156
Source:
Onefiverealestate
Added: Jul 1
Changed: Nov 1
Last Checked: Nov 1 at 1:40AM
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
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.
Unit C provides 3,000 square feet of open flex space with one restroom. Heating and air conditioning serve the unit, and a 10' x 14' overhead door adds direct loading access. Built in 2006, the space fronts Industrial Park Drive and is identified as suitable for retail use.
Key Highlights
- 3,000 SF of open space
- One restroom
- 10' x 14' overhead door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,820
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,436,400
$1.4M
Cap Rate 7%
$1,026,000
$1.0M
Cap Rate 9%
$798,000
$798.0K
Market Conditions
NOI Build-Up for 12,000 SF
Gross rent
$108.0K $9.00/SF
− Vacancy
−$5.4K −$0.45/SF
EGI
$102.6K $8.55/SF
− OpEx
−$30.8K −$2.56/SF
NOI
$71.8K $5.98/SF
Area
Taney County, MO
Vacancy
5.00%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,436,400
Cap Rate 7%
$1,026,000
Cap Rate 9%
$798,000
Alternative Uses
Best Use
Retail
$1.71M
$1.50M – $2.00M
NOI $119,700 @ 7.0% cap · market cap 463.95%
Second Best
Flex RnD
$1.36M
$1.19M – $1.58M
NOI $95,023 @ 7.0% cap · market cap 368.31%
Theoretical Best
Office A
$2.35M
$2.05M – $2.74M
NOI $164,160 @ 7.0% cap · market cap 636.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
342
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 65672, MO
8,548
Population
4,696
Households
1.8
Avg Household Size
43
Median Age
26%
College-Educated
93%
High-School Grad
57.0 sq mi
ZIP Area
150
Density / Sq Mi
$60,407
Median Household Income
$29,235
Median Earnings
$878
Median Rent
$172,600
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Open interior space offers heating, air conditioning, and a restroom for flexible commercial occupancy.
Where is this flex space located?
The property is located at 123 Industrial Park Drive #C Hollister, MO.
What are key features of this property?
This property features: 3,000 SF of open space; One restroom; 10' x 14' overhead door
