Unfinished Retail
For Sale
Contact for pricing
164 Forsyth Taneyville Road Unit E, Forsyth, MO 65653
The open interior can be built out for a range of commercial uses.
Property Size1,599 SF
Price / SF$0.98
Days on Market106
Property Features for 164 Forsyth Taneyville Road Unit E
General Information
Standard status
Active
Size
1,599 SF
Property subtype
Other
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 4
Last Checked: Nov 4 at 8:45AM
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 E is a 1,599-square-foot retail space at Shadow Rock Apartments in Forsyth. Its interior is stripped to the studs, with build-out required, allowing the space to be configured for a new business. The unit can be leased on its own or combined with an adjoining space for a larger footprint.
There are 21 occupied apartments directly above the commercial units. Bull Shoals Lake and Shadowrock Park are nearby, and the property is 20 minutes from Branson and Highway 65.
There are 21 occupied apartments directly above the commercial units. Bull Shoals Lake and Shadowrock Park are nearby, and the property is 20 minutes from Branson and Highway 65.
Key Highlights
- 1,599 square feet in Unit E
- Interior is stripped to the studs; build‑out required
- 21 occupied apartments directly above the commercial spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,950
Suggested Prices Based on Cap Rates
Cap Rate 5%
$319,000
$319.0K
Cap Rate 7%
$227,857
$227.9K
Cap Rate 9%
$177,222
$177.2K
Market Conditions
NOI Build-Up for 1,599 SF
Gross rent
$24.0K $15.00/SF
− Vacancy
−$1.2K −$0.75/SF
EGI
$22.8K $14.25/SF
− OpEx
−$6.8K −$4.27/SF
NOI
$16.0K $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%
$319,000
Cap Rate 7%
$227,857
Cap Rate 9%
$177,222
Alternative Uses
Best Use
Retail
$227.9K
$199.4K – $265.8K
NOI $15,950 @ 7.0% cap · market cap 1,017.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$312.5K
$273.4K – $364.6K
NOI $21,874 @ 7.0% cap · market cap 1,395.03%
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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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - The open interior can be built out for a range of commercial uses.
Where is this retail space located?
The property is located at 164 Forsyth Taneyville Road Unit E Forsyth, MO.
What are key features of this property?
This property features: 1,599 square feet in Unit E; Interior is stripped to the studs; build‑out required; 21 occupied apartments directly above the commercial spaces
