Office Suite with Meeting
For Sale
Contact for pricing
1877 W Broadway, Bolivar, MO 65613
Separate waiting and storage areas support the suite’s office layout.
Property Size1,537 SF
Price / SF$0.78
Days on Market114
Property Features for 1877 W Broadway
General Information
Standard status
Active
Size
1,537 SF
Property subtype
Office
Building Details
Year Built
1974
Listing Agency:
Hubbert Realty
Listed By:
Stephen J. Hubbert · License #2005015750
(417) 326-2227
Source:
Onefiverealestate
Added: Jul 13
Changed: Nov 3
Last Checked: Nov 3 at 8:38AM
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 Hubbert Realty
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Investment Insights
Based on property information with market context.
The 1,537-square-foot office suite contains four offices, a waiting area, a storage room, and a large meeting room. Separate men’s and women’s restrooms serve the space. The building dates to 1974.
Key Highlights
- 1,537 square feet of office space
- Four offices with a large meeting room
- Waiting area and separate storage room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,179
Suggested Prices Based on Cap Rates
Cap Rate 5%
$243,580
$243.6K
Cap Rate 7%
$173,986
$174.0K
Cap Rate 9%
$135,322
$135.3K
Market Conditions
NOI Build-Up for 1,537 SF
Gross rent
$17.0K $11.04/SF
− Vacancy
−$730 −$0.47/SF
EGI
$16.2K $10.57/SF
− OpEx
−$4.1K −$2.64/SF
NOI
$12.2K $7.92/SF
Area
Polk County, MO
Vacancy
4.30%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$243,580
Cap Rate 7%
$173,986
Cap Rate 9%
$135,322
Alternative Uses
Best Use
Office B
$174.0K
$152.2K – $203.0K
NOI $12,179 @ 7.0% cap · market cap 1,014.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$232.0K
$203.0K – $270.7K
NOI $16,239 @ 7.0% cap · market cap 1,353.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
178
Businesses Nearby
Explore this area
Business Placement
Demographics for 65613, MO
17,890
Population
7,327
Households
2.4
Avg Household Size
37
Median Age
26%
College-Educated
90%
High-School Grad
184.9 sq mi
ZIP Area
97
Density / Sq Mi
$56,919
Median Household Income
$31,765
Median Earnings
$828
Median Rent
$197,200
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Separate waiting and storage areas support the suite’s office layout.
Where is this office unit located?
The property is located at 1877 W Broadway Bolivar, MO.
What are key features of this property?
This property features: 1,537 square feet of office space; Four offices with a large meeting room; Waiting area and separate storage room
