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Flex Industrial Facility with Loading Doors
For Sale
$2,400,000

175 Industrial Park Dr, Hollister, MO 65672

Industrial-zoned flex facility with dock and grade-level loading access.

Property Size35,000 SF
Days on Market55

Property Features for 175 Industrial Park Dr

General Information

Standard status Active
Size 35,000 SF
Property subtype Industrial
Zoning Industrial
Occupancy 50%

Warehouse & Industrial

Dock-High Doors 7
Drive-In Doors 4

Additional Details

Highway Access Yes

Building Details

Building Size 35,000 SF
Year Built 1997
Listing Agency: SVN | Rankin Company, LLC
Listed By: Jeff Childs, SIOR, CCIM · License #1999029641
Source: Svn
Added: Jul 9 Changed: Aug 31 Last Checked: Aug 31 at 3:00PM

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 SVN | Rankin Company, LLC

Investment Insights

Based on property information with market context.

Built in 1997, this flex space combines industrial functionality with a split occupancy profile. Suite A is currently vacant, while Suite D is occupied by a laundry tenant under lease through March 2027. The property is described as half vacant and half occupied.

Loading infrastructure includes four grade-level overhead doors along the front of the building and seven dock-high doors at the rear. Industrial zoning and the flex-space format support a variety of uses. The facility also offers quick access to Hwy 65, adding a direct transportation connection for commercial operations.

Key Highlights

  • Half of the property is vacant in Suite A; Suite D is occupied through March 2027
  • Four grade‑level overhead doors positioned along the front
  • Seven dock‑high loading doors located along the rear

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$209,475
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.73%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,189,500 $4.2M
Cap Rate 7%
$2,992,500 $3.0M
Cap Rate 9%
$2,327,500 $2.3M
Market Conditions
NOI Build-Up for 35,000 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$315.0K $9.00/SF
− Vacancy
−$15.8K −$0.45/SF
EGI
$299.3K $8.55/SF
− OpEx
−$89.8K −$2.56/SF
NOI
$209.5K $5.98/SF
Area
Taney County, MO
Vacancy
5.00%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,189,500
Cap Rate 7%
$2,992,500
Cap Rate 9%
$2,327,500

Alternative Uses

Best Use
Flex RnD
$3.96M
$3.46M – $4.62M (±1% cap)
NOI $277,150 @ 7.0% cap · market cap 11.55%
Second Best
Warehouse
$3.63M
$3.18M – $4.24M (±1% cap)
NOI $254,363 @ 7.0% cap · market cap 10.60%
Theoretical Best
Office A
$6.84M
$5.99M – $7.98M (±1% cap)
NOI $478,800 @ 7.0% cap · market cap 19.95%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Ozark Mountain Laundry ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Storage Facility Furniture & Home Goods (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Dock-high doors
4
Drive-in doors
50%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

248
Businesses Nearby
Well-served
Demand for This Use

Demographics for 65672, MO

8,548
Population
4,696
Households
1.8
Avg Household Size
43
Median Age
26%
College-Educated
93%
High-School Grad
57.0 sq mi
ZIP Area
150
Density / Sq Mi
$60,407
Median Household Income
$29,235
Median Earnings
$878
Median Rent
$172,600
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Industrial-zoned flex facility with dock and grade-level loading access.
Where is this flex space located?
The property is located at 175 Industrial Park Dr Hollister, MO.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Half of the property is vacant in Suite A; Suite D is occupied through March 2027; Four grade‑level overhead doors positioned along the front; Seven dock‑high loading doors located along the rear
More about this property
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