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    Versatile Retail and Office Building Title is generated by Realmo AI

    1610 Ashley Rd, Boonville, MO 65233

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    For Sale
    $224,500

    COMMERCIAL - Boonville, MO

    Property size:
    3,745 SF
    Lot size:
    1.50 Acres
    Price / SF:
    $59/SF
    Added:
    Feb 3, 2026
    Days on Market:
    153
    Last Refresh:
    Jul 6 at 6:06 pm

    Property Features for 1610 Ashley Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    C1
    Standard status
    Active
    Size
    3,745 SF
    Lot size
    1.50 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    10-2.0-10-002-006-003.000
    Tax Annual Amount
    99999999

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    NATHAN N. CHIPLEY
    NATHAN N. CHIPLEY

    Listing agent NATHAN N. CHIPLEY License #1999034126

    Listing office Chipley and Company Real Estate 2410 BOONSLICK DRIVE, Boonville, MO

    Listing date Feb 3, 2026

    MLS# 26-45

    Copyright © 2026 Central Missouri Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • High‑traffic location on a main artery to Boonville.
    • Versatile 3,745 sq ft building suitable for retail, office, daycare, and other permitted uses.
    • Zoned C‑1 with public utilities.
    • 1.5‑acre lot with access from both Ashley Rd and Radio Hill Rd.
    • Newer dual central HVAC systems and metal roofing.
    • Approximately 0.7 mile from I‑70.

    Overview

    A versatile commercial building totaling approximately 3,745 square feet is offered for sale at 1610 Ashley Rd, Boonville, MO. The property is described as well maintained and features newer dual central HVAC systems and metal roofing, along with ample on-site parking.

    The site sits on approximately 1.5 acres and provides frontage of about 163 feet along Ashley Rd and approximately 250 feet along Radio Hill Rd. The building has access from both roads, supporting flexible ingress and egress for customer or employee traffic. The listing also notes the property is about 0.7 mile from I-70 and is served by public utilities. Zoning is C1.

    According to the listing, the building is suitable for retail, office, daycare facility, and other permitted uses under the C1 zoning designation. Prospective buyers and tenants should review applicable permitted uses and contract requirements, including the instruction that Exhibits A, B, and C in the documents section must be attached as a rider to all contracts.

    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 $20.7k $5.52
    − Vacancy −$335 −$0.09
    EGI $20.3k $5.43
    − OpEx −$6.1k −$1.63
    NOI $14.2k $3.80
    3,745 SF · lease $5.52/SF/yr · vacancy 1.62% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $203.4K
    $178.0K – $237.3K (±1% cap)
    NOI $14,236 @ 7.0% cap · market cap 6.34%
    Second Best
    Office B
    $103.6K
    $90.7K – $120.9K (±1% cap)
    NOI $7,254 @ 7.0% cap · market cap 3.23%
    Theoretical Best
    Warehouse
    $580.6K
    $508.1K – $677.4K (±1% cap)
    NOI $40,644 @ 7.0% cap · market cap 18.10%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Hair Salon Hotel & Motel Gym & Fitness Center Department Store Food Market Dental Office Garden Center Discount Store Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Boonville
    County
    Cooper
    State
    Missouri
    Longitude
    -92.771396
    Latitude
    38.945254

    FAQs

    What type of property is this?
    Retail space - Zoned C-1 multi-use building with dual central HVAC, metal roof, and substantial parking on dual-road access.
    Where is this retail space located?
    The property is located at 1610 Ashley Rd Boonville, MO.
    What is the asking price?
    The asking price for this property is $224,500.
    What are key features of this property?
    This property features: High‑traffic location on a main artery to Boonville.; Versatile 3,745 sq ft building suitable for retail, office, daycare, and other permitted uses.; Zoned C‑1 with public utilities.
    More about this property
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