Four-Suite Professional Office
For Sale
Contact for pricing
1567 W Diane St, Ozark, MO 65721
Move-in-ready professional office building with reception, conference room, private offices, ADA restrooms, and four-suite flexibility.
Property Size6,660 SF
Price / SF$153.90
Days on Market49
Property Features for 1567 W Diane St
General Information
Standard status
Active
Size
6,660 SF
Class
A
Total Parking Spaces
33
Property subtype
Retail, Office
Zoning
Office
Lease Type
NNN
Investment Type
Owner/User
Additional Details
Business Included
Yes
Highway Access
Yes
Office Units
4
Building Details
Year Built
1998
Year Renovated
2015
Units
4
Tenancy
Multi
Listing Agency:
Murney Associates
(417) 823-2300
Listed By:
Donna Cleous · License #MO 1999012026
Source:
Crexi
Added: Jul 8
Changed: Aug 12
Last Checked: Aug 23 at 6:58PM
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
Investment Insights
Based on property information with market context.
This move-in-ready professional office building offers a reception area, spacious conference room, multiple private executive offices, and ADA-compliant restrooms. The floor plan is designed for professional use and includes large windows throughout to support bright, workable interior spaces. The property features a four-suite design, providing flexibility for owner occupancy, leasing, or a combination of both.
Approximately 1,600 SF is currently leased to a long-term dental practice, with the remaining approximately 5,000 SF available to support additional leasing or owner use upon availability. Recent building and site updates include a newer roof, recent HVAC replacements, and a recently resurfaced parking lot, helping minimize near-term capital needs.
The property is located just minutes from Highway 65 and is surrounded by established professional and medical offices. It includes approximately 33 on-site parking spaces.
Approximately 1,600 SF is currently leased to a long-term dental practice, with the remaining approximately 5,000 SF available to support additional leasing or owner use upon availability. Recent building and site updates include a newer roof, recent HVAC replacements, and a recently resurfaced parking lot, helping minimize near-term capital needs.
The property is located just minutes from Highway 65 and is surrounded by established professional and medical offices. It includes approximately 33 on-site parking spaces.
Key Highlights
- 6,660 SF professional office building built in 1998 with a move‑in‑ready layout
- Four‑suite design provides flexibility for owner occupancy, leasing, or a combination
- Reception area, spacious conference room, and multiple private executive offices with large windows
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$52,774
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.15%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,055,480
$1.1M
Cap Rate 7%
$753,914
$753.9K
Cap Rate 9%
$586,378
$586.4K
Market Conditions
NOI Build-Up for 6,660 SF
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.
Gross rent
$73.5K $11.04/SF
− Vacancy
−$3.2K −$0.47/SF
EGI
$70.4K $10.57/SF
− OpEx
−$17.6K −$2.64/SF
NOI
$52.8K $7.92/SF
Area
Christian County, MO
Vacancy
4.30%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,055,480
Cap Rate 7%
$753,914
Cap Rate 9%
$586,378
Alternative Uses
Best Use
Office B
$753.9K
$659.7K – $879.6K
NOI $52,774 @ 7.0% cap · market cap 5.15%
Second Best
Healthcare Medical
$753.9K
$659.7K – $879.6K
NOI $52,774 @ 7.0% cap · market cap 5.15%
Theoretical Best
Office A
$1.01M
$879.6K – $1.17M
NOI $70,365 @ 7.0% cap · market cap 6.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Office units
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
142
Businesses Nearby
Explore this area
Business Placement
Demographics for 65721, MO
32,975
Population
13,467
Households
2.4
Avg Household Size
36
Median Age
35%
College-Educated
93%
High-School Grad
95.9 sq mi
ZIP Area
344
Density / Sq Mi
$76,552
Median Household Income
$41,653
Median Earnings
$991
Median Rent
$253,700
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Move-in-ready professional office building with reception, conference room, private offices, ADA restrooms, and four-suite flexibility.
Where is this office building located?
The property is located at 1567 W Diane St Ozark, MO.
What is the asking price?
The asking price for this property is $1,025,000.
What are key features of this property?
This property features: 6,660 SF professional office building built in 1998 with a move‑in‑ready layout; Four‑suite design provides flexibility for owner occupancy, leasing, or a combination; Reception area, spacious conference room, and multiple private executive offices with large windows
