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Office Building with Walk-Out Basement

1300 & 1334 Indian Parkway, Jackson, MO 63755

For Sale
$799,000

C-2-zoned professional space combines a private-office layout with concrete parking for staff and visitors.

Property Size2,256 SF
Price / SF$354.17
Days on Market105

Property Features for 1300 & 1334 Indian Parkway

General Information

Standard status Active
Size 2,256 SF
Property subtype Commercial
Zoning C-2

Additional Details

Property Use Professional Office

Taxes and HOA fees

Annual Taxes $357

Amenities

private offices
conference room
reception area
breakroom
private restrooms

Building Details

Building Size 2,256 SF
Year Built 2006
Buildings 1
Construction brick
Listing Agency: Paul Kitchen & Associates
Listed By: Billy Hoskins
Source: Cityscapesrealty
Added: Jul 28 Changed: Nov 9 Last Checked: Nov 8 at 7:39PM

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 Paul Kitchen & Associates

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Investment Insights

Based on property information with market context.

Built in 2006, this 2,256 SF brick office property has multiple private offices, a conference room, reception area, breakroom, and private restrooms. A partially finished walk-out basement adds storage or workspace options. The existing configuration is suited to medical, dental, therapy, wellness, and other professional office uses.

The property is at 1300 & 1334 Indian Parkway in Jackson, Missouri, just off State Route D, also known as Independence Street. It is zoned C-2 and has a large off-street concrete parking lot. Established businesses and newer residential development are part of the surrounding area; city parks and recreational amenities are minutes away.

Key Highlights

  • 2,256 SF brick professional office building, constructed in 2006
  • Partially finished walk‑out basement
  • Multiple private offices, conference room, reception area, breakroom, and private restrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,926
Cap Rate
3.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$618,520 $618.5K
Cap Rate 7%
$441,800 $441.8K
Cap Rate 9%
$343,622 $343.6K
Market Conditions
NOI Build-Up for 2,256 SF
Gross rent
$52.0K $23.04/SF
− Vacancy
−$10.7K −$4.76/SF
EGI
$41.2K $18.28/SF
− OpEx
−$10.3K −$4.57/SF
NOI
$30.9K $13.71/SF
Area
Cape Girardeau County, MO
Vacancy
20.67%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$618,520
Cap Rate 7%
$441,800
Cap Rate 9%
$343,622

Alternative Uses

Best Use
Office B
$441.8K
$386.6K – $515.4K (±1% cap)
NOI $30,926 @ 7.0% cap · market cap 3.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$711.7K
$622.8K – $830.4K (±1% cap)
NOI $49,821 @ 7.0% cap · market cap 6.24%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Spa & Massage Center Auto Parts Store Nail Salon Skin Care Clinic Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

74
Businesses Nearby

Demographics for 63755, MO

27,496
Population
10,867
Households
2.5
Avg Household Size
39
Median Age
35%
College-Educated
95%
High-School Grad
177.1 sq mi
ZIP Area
155
Density / Sq Mi
$82,841
Median Household Income
$41,876
Median Earnings
$977
Median Rent
$233,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - C-2-zoned professional space combines a private-office layout with concrete parking for staff and visitors.
Where is this office building located?
The property is located at 1300 & 1334 Indian Parkway Jackson, 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: 2,256 SF brick professional office building, constructed in 2006; Partially finished walk‑out basement; Multiple private offices, conference room, reception area, breakroom, and private restrooms
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