Mixed-Use Building with Dual
For Sale
Contact for pricing
1610 West Ashley Road, Boonville, MO 65233
C-1 property with public utilities, on-site parking, and access from both Ashley Road and Radio Hill Road.
Property Size3,745 SF
Lot Size1.50 Acres
Price / SF$58.61
Days on Market164
Property Features for 1610 West Ashley Road
General Information
Standard status
Active
Size
3,745 SF
Lot size
1.50 Acres
Property subtype
Land, Multifamily, Retail
Zoning
C1 current
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Building Details
Buildings
1
Listing Agency:
Chipley and Company Real Estate
Listed By:
Nathan Chipley · License #1999034126
Source:
Crexi
Added: May 5
Changed: Oct 1
Last Checked: Oct 14 at 10:32PM
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 Chipley and Company Real Estate
Investment Insights
Based on property information with market context.
This mixed-use property includes a 3,745-square-foot building on a 1.5-acre lot. The well-maintained improvements feature newer dual central HVAC systems, metal roofing, public utilities, and on-site parking. C-1 zoning supports retail, office, daycare, and other permitted uses.
The property has approximately 163 feet of frontage along Ashley Road and 250 feet along Radio Hill Road, with entrances from both roads. It is located approximately 0.7 mile from I-70 and sits on Ashley Road, described as a main artery to Boonville.
The property has approximately 163 feet of frontage along Ashley Road and 250 feet along Radio Hill Road, with entrances from both roads. It is located approximately 0.7 mile from I-70 and sits on Ashley Road, described as a main artery to Boonville.
Key Highlights
- 3,745‑square‑foot mixed‑use building on a 1.5‑acre lot
- C‑1 zoning with public utilities
- Approximately 163 feet of Ashley Road frontage and 250 feet along Radio Hill Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,236
Cap Rate
6.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$284,720
$284.7K
Cap Rate 7%
$203,371
$203.4K
Cap Rate 9%
$158,178
$158.2K
Market Conditions
NOI Build-Up for 3,745 SF
Gross rent
$20.7K $5.52/SF
− Vacancy
−$335 −$0.09/SF
EGI
$20.3K $5.43/SF
− OpEx
−$6.1K −$1.63/SF
NOI
$14.2K $3.80/SF
Area
Cooper County, MO
Vacancy
1.62%
Lease Rate
$5.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$284,720
Cap Rate 7%
$203,371
Cap Rate 9%
$158,178
Alternative Uses
Best Use
Retail
$203.4K
$178.0K – $237.3K
NOI $14,236 @ 7.0% cap · market cap 6.49%
Second Best
Mixed Use
$188.6K
$165.0K – $220.0K
NOI $13,201 @ 7.0% cap · market cap 6.01%
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 authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
89
Businesses Nearby
Explore this area
Business Placement
Demographics for 65233, MO
11,472
Population
4,622
Households
2.5
Avg Household Size
41
Median Age
26%
College-Educated
90%
High-School Grad
141.9 sq mi
ZIP Area
81
Density / Sq Mi
$64,333
Median Household Income
$38,608
Median Earnings
$807
Median Rent
$206,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - C-1 property with public utilities, on-site parking, and access from both Ashley Road and Radio Hill Road.
Where is this mixed-use property located?
The property is located at 1610 West Ashley Road 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‑square‑foot mixed‑use building on a 1.5‑acre lot; C‑1 zoning with public utilities; Approximately 163 feet of Ashley Road frontage and 250 feet along Radio Hill Road
