Retail Suite in Apartment
For Sale
Contact for pricing
164 Forsyth Taneyville Road #B, Forsyth, MO 65653
The unfinished interior offers a flexible starting point for a business-specific build-out.
Property Size1,528 SF
Price / SF$0.98
Days on Market103
Property Features for 164 Forsyth Taneyville Road #B
General Information
Standard status
Active
Size
1,528 SF
Property subtype
Other
Property Condition
Severity
Major Repairs Needed
Evidence
unfinished and down to the studs
Building Details
Year Built
1950
Listing Agency:
White Magnolia Real Estate LLC
(417) 544-0411
Listed By:
Rose Backlin · License #2017043430
(417) 331-6426
Source:
Onefiverealestate
Added: Jul 23
Changed: Nov 1
Last Checked: Nov 1 at 1:43AM
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 White Magnolia Real Estate LLC
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Investment Insights
Based on property information with market context.
Unit B is a 1,528-square-foot retail space on the ground floor of a property with 21 occupied apartments above. The interior is unfinished, with the existing space stripped to its studs, allowing the next occupant to plan a custom layout. The unit may be leased on its own or potentially combined with the adjoining space.
Bull Shoals Lake and Shadowrock Park are steps away. Park amenities include a boat ramp, playground, and picnic areas, with the City adding kayak access. The property is approximately 20 minutes from Branson and Highway 65.
Bull Shoals Lake and Shadowrock Park are steps away. Park amenities include a boat ramp, playground, and picnic areas, with the City adding kayak access. The property is approximately 20 minutes from Branson and Highway 65.
Key Highlights
- 1,528 square feet in Unit B
- Unfinished interior, ready for a new build‑out
- 21 occupied apartments directly above the commercial units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,242
Suggested Prices Based on Cap Rates
Cap Rate 5%
$304,840
$304.8K
Cap Rate 7%
$217,743
$217.7K
Cap Rate 9%
$169,356
$169.4K
Market Conditions
NOI Build-Up for 1,528 SF
Gross rent
$22.9K $15.00/SF
− Vacancy
−$1.1K −$0.75/SF
EGI
$21.8K $14.25/SF
− OpEx
−$6.5K −$4.27/SF
NOI
$15.2K $9.98/SF
Area
Taney County, MO
Vacancy
5.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$304,840
Cap Rate 7%
$217,743
Cap Rate 9%
$169,356
Alternative Uses
Best Use
Specialty Retail
$220.7K
$193.1K – $257.4K
NOI $15,446 @ 7.0% cap · market cap 1,031.11%
Second Best
Retail
$217.7K
$190.5K – $254.0K
NOI $15,242 @ 7.0% cap · market cap 1,017.49%
Theoretical Best
Office A
$298.6K
$261.3K – $348.4K
NOI $20,903 @ 7.0% cap · market cap 1,395.39%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Explore this area
Business Placement
Demographics for 65653, MO
5,806
Population
2,894
Households
2
Avg Household Size
50
Median Age
20%
College-Educated
92%
High-School Grad
63.8 sq mi
ZIP Area
91
Density / Sq Mi
$47,929
Median Household Income
$34,470
Median Earnings
$719
Median Rent
$181,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - The unfinished interior offers a flexible starting point for a business-specific build-out.
Where is this retail space located?
The property is located at 164 Forsyth Taneyville Road #B Forsyth, MO.
What are key features of this property?
This property features: 1,528 square feet in Unit B; Unfinished interior, ready for a new build‑out; 21 occupied apartments directly above the commercial units
