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    Flex Development Tract with Morton Building Title is generated by Realmo AI

    1373 W Fairview Avenue Carthage, Carthage, MO 64836

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    For Sale
    $350,000

    For-sale tract with a Morton building on a high-traffic interstate entrance corridor for flexible commercial uses.

    Property size:
    3,024 SF
    Lot size:
    2.25 Acres
    Price / SF:
    $115/SF
    Added:
    Jun 30, 2026
    Days on Market:
    3
    Last Refresh:
    Jul 1 at 6:17 am

    Property Features for 1373 W Fairview Avenue Carthage

    General Information

    Standard status
    Active
    Size
    3,024 SF
    Lot size
    2.25 Acres

    Building Details

    Year Built
    1990

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    Jon Holloway

    Listing office

    Listing date Jun 30, 2026

    Source Jonholloway.showtimeproperties

    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 Jon Holloway

    HighLights

    • 2.25‑acre level commercial development tract with a Morton building totaling 3,024 SF
    • Building constructed in 1990
    • 20+ space parking lot on‑site
    • Located on the I‑49 and West Fairview Ave entrance ramp corridor in Carthage

    Overview

    This for-sale commercial development tract includes approximately 2.25 acres and an existing Morton building totaling 3,024 square feet. The property offers a ready-to-use enclosed structure that can support a range of commercial applications consistent with flex and industrial activity.

    Located on an entrance ramp off West Fairview Avenue and I-49 in Carthage, the site benefits from high-traffic exposure. The surrounding area is described as a mix of industrial manufacturing and distribution, with the corridor also serving a large residential area and functioning as a main artery into the retail and restaurant areas of Carthage.

    With an existing building and an accessible site on a heavily traveled approach, the property may be well-suited for buyers seeking a development-ready location that can accommodate multiple commercial directions. Uses are described broadly for retail or other commercial purposes, and the enclosed Morton building provides an immediate footprint for an operator or developer to plan from. Agent/owner notes suggest the site may offer flexibility for tenant-specific requirements based on the buyer’s intended concept.

    Local 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 $42.5k $14.04
    − Vacancy −$1.7k −$0.56
    EGI $40.8k $13.48
    − OpEx −$12.2k −$4.04
    NOI $28.5k $9.43
    3,024 SF · lease $14.04/SF/yr · vacancy 4.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $407.6K
    $356.6K – $475.5K (±1% cap)
    NOI $28,531 @ 7.0% cap · market cap 8.15%
    Second Best
    Industrial
    $175.1K
    $153.2K – $204.3K (±1% cap)
    NOI $12,256 @ 7.0% cap · market cap 3.50%
    Theoretical Best
    Office A
    $912.4K
    $798.3K – $1.06M (±1% cap)
    NOI $63,867 @ 7.0% cap · market cap 18.25%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Law Firm Real Estate Agency Gym & Fitness Center Big Box & Wholesale Store Daycare Center Grocery & Convenience Store Clothing & Fashion Store Nursing Home Garden Center (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Carthage
    County
    Jasper
    State
    Missouri
    Longitude
    -94.290529
    Latitude
    37.154187

    FAQs

    What type of property is this?
    Flex space - For-sale tract with a Morton building on a high-traffic interstate entrance corridor for flexible commercial uses.
    Where is this flex space located?
    The property is located at 1373 W Fairview Avenue Carthage Carthage, MO.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: 2.25‑acre level commercial development tract with a Morton building totaling 3,024 SF; Building constructed in 1990; 20+ space parking lot on‑site
    More about this property
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