96-Unit Self-Storage
New
For Sale
$1,020,000
1869 North Calhoun Road, Nixa, MO 65714
The facility is reported at 89% occupancy with a 7.5% cap valuation.
Property Size10,800 SF
Days on Market4
Property Features for 1869 North Calhoun Road
General Information
Standard status
Active
Size
10,800 SF
Property subtype
Industrial
Occupancy
89%
Additional Details
Cap Rate
7.5%
Self-Storage Units
96
Building Details
Building Size
10,800 SF
Listing Agency:
SVN | Rankin Company, LLC
(417) 860-9951
Listed By:
Jack Rankin · License #2018038830
(417) 860-9951
Source:
Svn
Added: Aug 14
Changed: Aug 15
Last Checked: Aug 17 at 4:51AM
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.
This self-storage facility includes 96 units and is reported at 89% occupancy. The property is offered for sale and is identified with a 7.5% cap valuation.
The asset is located in Nixa, Missouri. No additional physical specifications or operating details are provided.
The asset is located in Nixa, Missouri. No additional physical specifications or operating details are provided.
Key Highlights
- 96‑unit self‑storage facility
- 89% occupancy reported
- 7.5% cap valuation identified
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
$87,636
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
8.59%
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%
$1,752,720
$1.8M
Cap Rate 7%
$1,251,943
$1.3M
Cap Rate 9%
$973,733
$973.7K
Market Conditions
NOI Build-Up for 10,800 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
$136.1K $12.60/SF
− Vacancy
−$10.9K −$1.01/SF
EGI
$125.2K $11.59/SF
− OpEx
−$37.6K −$3.48/SF
NOI
$87.6K $8.11/SF
Area
Christian County, MO
Vacancy
8.00%
Lease Rate
$12.60 /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%
$1,752,720
Cap Rate 7%
$1,251,943
Cap Rate 9%
$973,733
Alternative Uses
Best Use
Self Storage
$1.25M
$1.10M – $1.46M
NOI $87,636 @ 7.0% cap · market cap 8.59%
Second Best
Warehouse
$600.9K
$525.8K – $701.0K
NOI $42,060 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$1.63M
$1.43M – $1.90M
NOI $114,105 @ 7.0% cap · market cap 11.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
89%
Occupancy
Location Intelligence
Trade Area within ½ mile
282
Businesses Nearby
Explore this area
Business Placement
Demographics for 65714, MO
35,109
Population
13,459
Households
2.6
Avg Household Size
39
Median Age
37%
College-Educated
94%
High-School Grad
51.1 sq mi
ZIP Area
687
Density / Sq Mi
$82,548
Median Household Income
$46,746
Median Earnings
$985
Median Rent
$261,300
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self storage facility - The facility is reported at 89% occupancy with a 7.5% cap valuation.
Where is this self storage facility located?
The property is located at 1869 North Calhoun Road Nixa, MO.
What is the asking price?
The asking price for this property is $1,020,000.
What are key features of this property?
This property features: 96‑unit self‑storage facility; 89% occupancy reported; 7.5% cap valuation identified
