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15056 Us Highway 160 Forsyth, Forsyth, MO, 65653
Medical Office with Highway Frontage

15056 Us Highway 160 Forsyth Forsyth, MO 65653

For Sale
$299,900

Medical and professional office layout includes patient rooms, an X-ray room, and a separate currently occupied office section.

Property Size2,629 SF
Price / SF$114.07
Days on Market22

Property Features for 15056 Us Highway 160 Forsyth

General Information

Standard status
Active
Size
2,629 SF

Building Details

Year Built
1992
Listing Agency: RE/MAX SHOWTIME
Listed By: Jon Holloway
Source: Jonholloway.showtimeproperties
Added: Jul 3 Changed: Jul 23 Last Checked: Jul 23 at 2:46PM

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 SHOWTIME


Investment Insights

Based on property information with market context.

This property was previously used as a chiropractic office and offers a practical professional layout for medical and wellness services. The main office area includes five patient rooms, an X-ray room, a reception desk, a waiting area, a laundry space, and two bathrooms.

A separate building section is currently occupied by the Taney County SWCD office and includes a lobby, break room, bathroom, and two private offices.

Recent updates include new LVP flooring on the chiropractic side in 2025 and a new HVAC system installed in February 2026. The property also features a paved parking lot and highway frontage on US Highway 160.

Key Highlights

  • 0.43‑acre commercial property with 130x144 lot dimensions and Highway 160 frontage in Forsyth
  • 2,629 SF building (1992) with professional office layout including 5 patient rooms, an X‑ray room, reception, and waiting area
  • Includes laundry space and 2 bathrooms on the main office side

Financial Insights For Office B

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 $39.4k $15.00
− Vacancy −$3.2k −$1.20
EGI $36.3k $13.80
− OpEx −$9.1k −$3.45
NOI $27.2k $10.35
2,629 SF · lease $15.00/SF/yr · vacancy 8.00% · expense 25.00%

Alternative Uses

Best Use
Healthcare Medical
$470.1K
$411.4K – $548.5K (±1% cap)
NOI $32,908 @ 7.0% cap · market cap 10.97%
Second Best
Office B
$388.7K
$340.1K – $453.5K (±1% cap)
NOI $27,210 @ 7.0% cap · market cap 9.07%
Theoretical Best
Office A
$513.8K
$449.6K – $599.4K (±1% cap)
NOI $35,965 @ 7.0% cap · market cap 11.99%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Medical Office Space

Suggested Use

Building Supply HVAC Service Auto Parts Store Auto Repair Shop Storage Facility Garden Center (Bike/Boat/Book/etc) Store Bakery Electrical Service Cafe & Coffee Shop

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

FAQs

What type of property is this?
Medical Office Space - Medical and professional office layout includes patient rooms, an X-ray room, and a separate currently occupied office section.
Where is this medical office space located?
The property is located at 15056 Us Highway 160 Forsyth Forsyth, MO.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 0.43‑acre commercial property with 130x144 lot dimensions and Highway 160 frontage in Forsyth; 2,629 SF building (1992) with professional office layout including 5 patient rooms, an X‑ray room, reception, and waiting area; Includes laundry space and 2 bathrooms on the main office side
More about this property
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