Union, MO Commercial
95 Independence Drive Union, MO 63084
For Sale
$525,000
High-traffic location suitable for retail, office, or restaurant.
Property Size3,840 SF
Lot Size1.00 Acre
Price / SF$136.72
Days on Market554
Property Features for 95 Independence Drive
General Information
Standard status
Active
Size
3,840 SF
Lot size
1.00 Acre
Property subtype
Commercial/Industrial
Building Details
Year Built
2019
Listing Agency:
RE/MAX Results
(636) 239-3003
Listed By:
Janie Schriewer · License #1999117614
(636) 239-3003
Source:
Exitrealty
Added: Jan 20, 2025
Changed: Jul 10
Last Checked: Jul 28 at 6:21AM
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 RE/MAX Results
Investment Insights
Based on property information with market context.
Located in Union, MO, this commercial property offers a flexible space suitable for various business ventures. Situated at a high-traffic intersection along Highway 47, between Washington and Union, the property benefits from substantial visibility and accessibility, with over 20,000 vehicles passing daily. The property features two floors of customizable, open space, ready for white-box build-out to suit specific business needs. Each floor has multiple entrances. There are 11 parking spaces available, with the potential for expansion. The property also offers the potential for a drive-thru to enhance customer convenience. Signage visibility is another key feature. Customizable additions, such as garage doors or a stone facade, are available to tailor the space. Ideal uses include retail stores, office spaces, restaurants, or professional services. The property's location at a stoplight intersection further enhances its accessibility and visibility.
Key Highlights
- High‑traffic location at a stoplight intersection on Highway 47 (over 20,000 vehicles per day).
- White‑box‑ready with two floors of open, customizable space.
- 11 parking spaces with potential for expansion and drive‑thru.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.9k | $14.04 |
| − Vacancy | −$2.3k | −$0.59 |
| EGI | $51.6k | $13.45 |
| − OpEx | −$15.5k | −$4.04 |
| NOI | $36.2k | $9.42 |
3,840 SF · lease $14.04/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$516.5K
$451.9K – $602.6K
NOI $36,154 @ 7.0% cap · market cap 6.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.13M
$989.2K – $1.32M
NOI $79,135 @ 7.0% cap · market cap 15.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - High-traffic location suitable for retail, office, or restaurant.
Where is this retail space located?
The property is located at 95 Independence Drive Union, MO.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: High‑traffic location at a stoplight intersection on Highway 47 (over 20,000 vehicles per day).; White‑box‑ready with two floors of open, customizable space.; 11 parking spaces with potential for expansion and drive‑thru.
