Storefront with Residential Units
For Sale
Contact for pricing
164 Forsyth Taneyville Road Unit D, Forsyth, MO 65653
Unit D is unfinished, allowing the interior to be configured for a commercial operation.
Property Size657 SF
Price / SF$0.98
Days on Market103
Property Features for 164 Forsyth Taneyville Road Unit D
General Information
Standard status
Active
Size
657 SF
Property subtype
Other
Property Condition
Severity
Major Repairs Needed
Evidence
Currently down to the studs
Additional Details
Highway Access
Yes
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 1:46AM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Unit D is a 657-square-foot storefront within Shadow Rock Apartments in Forsyth. The interior is stripped to the studs and requires a build-out. It can be leased on its own or combined with an adjoining unit. The building was constructed in 1950, with 21 occupied apartments directly above the commercial spaces.
Bull Shoals Lake and Shadowrock Park are steps away. The park has a boat ramp, playground, and picnic areas, and the City is adding kayak access. Branson and Highway 65 are approximately 20 minutes away.
Bull Shoals Lake and Shadowrock Park are steps away. The park has a boat ramp, playground, and picnic areas, and the City is adding kayak access. Branson and Highway 65 are approximately 20 minutes away.
Key Highlights
- 657‑square‑foot commercial unit
- Interior is down to the studs and requires a build‑out
- 21 occupied apartments directly above the commercial spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,554
Suggested Prices Based on Cap Rates
Cap Rate 5%
$131,080
$131.1K
Cap Rate 7%
$93,629
$93.6K
Cap Rate 9%
$72,822
$72.8K
Market Conditions
NOI Build-Up for 657 SF
Gross rent
$9.9K $15.00/SF
− Vacancy
−$493 −$0.75/SF
EGI
$9.4K $14.25/SF
− OpEx
−$2.8K −$4.27/SF
NOI
$6.6K $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%
$131,080
Cap Rate 7%
$93,629
Cap Rate 9%
$72,822
Alternative Uses
Best Use
Retail
$93.6K
$81.9K – $109.2K
NOI $6,554 @ 7.0% cap · market cap 1,017.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$128.4K
$112.4K – $149.8K
NOI $8,988 @ 7.0% cap · market cap 1,395.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Well-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Storefront property - Unit D is unfinished, allowing the interior to be configured for a commercial operation.
Where is this storefront property located?
The property is located at 164 Forsyth Taneyville Road Unit D Forsyth, MO.
What are key features of this property?
This property features: 657‑square‑foot commercial unit; Interior is down to the studs and requires a build‑out; 21 occupied apartments directly above the commercial spaces
