Showroom-Style Retail Building with
For Sale
Contact for pricing
1996 W Elm St, Ozark, MO 65721
Freestanding retail building with an open showroom and mezzanine office, kitchenette, and bathroom, zoned C-2.
Property Size9,720 SF
Price / SF$113.17
Days on Market95
Property Features for 1996 W Elm St
General Information
Standard status
Active
Size
9,720 SF
Property subtype
RETAIL
Zoning
C-2
Additional Details
Highway Access
Yes
Listing Agency:
R.B. Murray Company
Listed By:
Ross Murray
(417) 881-0600
Source:
Moodyscre
Added: Jun 3
Changed: Aug 23
Last Checked: Sep 4 at 6:14PM
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 R.B. Murray Company
Investment Insights
Based on property information with market context.
This freestanding retail building is configured with an open, showroom-style main level designed for merchandise display. A mezzanine level adds a private office along with a kitchenette and bathroom, supporting owner-user operations or back-office use.
The property is located along W. Elm Street with convenient access to Highway 65. It is positioned on a key corridor between Springfield/Ozark and Branson, intended to serve both local shoppers and regional traffic.
Zoned C-2, the site offers flexibility for a range of commercial uses. The adjacent offering includes two separate 0.50-acre lots available for purchase separately, creating potential for future expansion, redevelopment, or additional investment options.
The property is located along W. Elm Street with convenient access to Highway 65. It is positioned on a key corridor between Springfield/Ozark and Branson, intended to serve both local shoppers and regional traffic.
Zoned C-2, the site offers flexibility for a range of commercial uses. The adjacent offering includes two separate 0.50-acre lots available for purchase separately, creating potential for future expansion, redevelopment, or additional investment options.
Key Highlights
- Freestanding retail building with an open main‑level showroom layout for flexible merchandising.
- Mezzanine level includes a private office plus kitchenette and bathroom for owner‑user operations.
- Zoned C‑2, offering a wide range of commercial uses.
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
$72,337
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
6.58%
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%
$1,446,740
$1.4M
Cap Rate 7%
$1,033,386
$1.0M
Cap Rate 9%
$803,744
$803.7K
Market Conditions
NOI Build-Up for 9,720 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
$107.3K $11.04/SF
− Vacancy
−$4.0K −$0.41/SF
EGI
$103.3K $10.63/SF
− OpEx
−$31.0K −$3.19/SF
NOI
$72.3K $7.44/SF
Area
Christian County, MO
Vacancy
3.70%
Lease Rate
$11.04 /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%
$1,446,740
Cap Rate 7%
$1,033,386
Cap Rate 9%
$803,744
Alternative Uses
Best Use
Retail
$1.03M
$904.2K – $1.21M
NOI $72,337 @ 7.0% cap · market cap 6.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.47M
$1.28M – $1.71M
NOI $102,695 @ 7.0% cap · market cap 9.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
340
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 65721, MO
32,975
Population
13,467
Households
2.4
Avg Household Size
36
Median Age
35%
College-Educated
93%
High-School Grad
95.9 sq mi
ZIP Area
344
Density / Sq Mi
$76,552
Median Household Income
$41,653
Median Earnings
$991
Median Rent
$253,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Freestanding retail building with an open showroom and mezzanine office, kitchenette, and bathroom, zoned C-2.
Where is this storefront property located?
The property is located at 1996 W Elm St Ozark, MO.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Freestanding retail building with an open main‑level showroom layout for flexible merchandising.; Mezzanine level includes a private office plus kitchenette and bathroom for owner‑user operations.; Zoned C‑2, offering a wide range of commercial uses.
