Office Unit with Unfinished
For Sale
Contact for pricing
164 Forsyth Taneyville Road Unit C, Forsyth, MO 65653
An open interior provides room to plan a business layout around specific operational needs.
Property Size756 SF
Price / SF$0.98
Days on Market103
Property Features for 164 Forsyth Taneyville Road Unit C
General Information
Standard status
Active
Size
756 SF
Property subtype
Other
Additional Details
Condition
Shell
Office Units
1
Property Use
Office
Building Details
Year Built
1950
Tenancy
Multi
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 4:01PM
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 C is a 756-square-foot commercial office space in unfinished, stud-level condition, ready for a new interior layout. The unit was previously used as an office and may be leased on its own or potentially combined with the adjoining unit. The building dates to 1950, and 21 occupied apartments are located directly above the commercial units.
The property at 164 Forsyth Taneyville Road in Forsyth, Missouri, is near Bull Shoals Lake and Shadowrock Park. Branson and Highway 65 are approximately 20 minutes away.
The property at 164 Forsyth Taneyville Road in Forsyth, Missouri, is near Bull Shoals Lake and Shadowrock Park. Branson and Highway 65 are approximately 20 minutes away.
Key Highlights
- 756 square feet of commercial office space
- Unfinished interior with walls open to the studs
- 21 occupied apartments directly above the commercial units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,825
Suggested Prices Based on Cap Rates
Cap Rate 5%
$156,500
$156.5K
Cap Rate 7%
$111,786
$111.8K
Cap Rate 9%
$86,944
$86.9K
Market Conditions
NOI Build-Up for 756 SF
Gross rent
$11.3K $15.00/SF
− Vacancy
−$907 −$1.20/SF
EGI
$10.4K $13.80/SF
− OpEx
−$2.6K −$3.45/SF
NOI
$7.8K $10.35/SF
Area
Taney County, MO
Vacancy
8.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$156,500
Cap Rate 7%
$111,786
Cap Rate 9%
$86,944
Alternative Uses
Best Use
Office B
$111.8K
$97.8K – $130.4K
NOI $7,825 @ 7.0% cap · market cap 1,056.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$147.7K
$129.3K – $172.4K
NOI $10,342 @ 7.0% cap · market cap 1,395.68%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
1
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
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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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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - An open interior provides room to plan a business layout around specific operational needs.
Where is this office unit located?
The property is located at 164 Forsyth Taneyville Road Unit C Forsyth, MO.
What are key features of this property?
This property features: 756 square feet of commercial office space; Unfinished interior with walls open to the studs; 21 occupied apartments directly above the commercial units
