Retail Building with Dual Road
1610 Ashley Rd Boonville, MO 65233
New
1610 Ashley Rd, Boonville, MO, 65233
$219,500
For Sale
$219,500
COMMERCIAL - Boonville, MO
Property Size3,745 SF
Lot Size1.50 Acres
Price / SF$58.61
Days on Market2
Property Features for 1610 Ashley Rd
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C1
- Standard status
- Active
- Lot size
- 1.50 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- 10-2.0-10-002-006-003.000
- Tax Annual Amount
- 99999999
Listing agency
Chipley and Company Real Estate
(660) 882-3442
Listed by
NATHAN N. CHIPLEY · License #1999034126
(660) 537-4455
Added: Jul 21 Checked: Jul 22 at 6:06AM
MLS# 26-279
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.
Investment Insights
Based on property information with market context.
This well-maintained retail building totals approximately 3,745+/- square feet and is situated on about 1.5 acres. The property features durable metal roofing, newer dual central HVAC systems, and ample on-site parking to support customer and employee access.
Zoned C1 (Local Commercial District), the property has approximately 163 feet of frontage on Ashley Rd and approximately 250 feet of frontage on Radio Hill Rd, with access from both roads. It is located roughly 0.7 mile from I-70 Exit 101.
The listing notes that C1 zoning allows a variety of neighborhood commercial uses, including retail, office, restaurant, medical, financial, personal service, and other uses (buyer to verify intended use). Exhibits A, B & C in Documents are required to accompany all contracts.
Zoned C1 (Local Commercial District), the property has approximately 163 feet of frontage on Ashley Rd and approximately 250 feet of frontage on Radio Hill Rd, with access from both roads. It is located roughly 0.7 mile from I-70 Exit 101.
The listing notes that C1 zoning allows a variety of neighborhood commercial uses, including retail, office, restaurant, medical, financial, personal service, and other uses (buyer to verify intended use). Exhibits A, B & C in Documents are required to accompany all contracts.
Key Highlights
- 3,745+/- SF commercial building on approx. 1.5 acres along Ashley Rd and Radio Hill Rd
- C‑1 (Local Commercial District) zoning; public utilities available (buyer to verify intended use)
- Approx. 163' frontage on Ashley Rd and 250' on Radio Hill Rd, with access from both roads
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
NOI $14,236 @ 7.0% cap · market cap 6.49%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$580.6K
$508.1K – $677.4K
NOI $40,644 @ 7.0% cap · market cap 18.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Well-maintained retail building offers extensive frontage on two roads and ample on-site parking, zoned C1.
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 $219,500.
What are key features of this property?
This property features: 3,745+/- SF commercial building on approx. 1.5 acres along Ashley Rd and Radio Hill Rd; C‑1 (Local Commercial District) zoning; public utilities available (buyer to verify intended use); Approx. 163' frontage on Ashley Rd and 250' on Radio Hill Rd, with access from both roads
