Building Details

Building Size 2,168 SF

Year Built 2022

Buildings 1

Listing Agency: House Theory Realty e***@417theory.com Show Phone

Listed By: William Johnson Show Phone

Source: Hcwrealty

Added: Apr 21 Changed: Oct 24 Last Checked: Oct 24 at 3:11PM

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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 House Theory Realty

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Investment Insights

Based on property information with market context.

This 2,168-square-foot commercial building in Highlandville was built in 2022 and has an open-concept interior. It is currently used as a bakery and coffee shop, but the sale includes the real estate only; the business is not included.

An additional 3.5 acres is available for purchase separately. The property is located at 200 Highlandville Road in Highlandville, Missouri.

Key Highlights

• 2,168‑square‑foot commercial building
• Built in 2022
• Open‑concept interior

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$17,287

Cap Rate

6.29%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$345,740 $345.7K

Cap Rate 7%

$246,957 $247.0K

Cap Rate 9%

$192,078 $192.1K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,168 SF

Gross rent

$23.9K $11.04/SF

− Vacancy

−$886 −$0.41/SF

EGI

$23.0K $10.63/SF

− OpEx

−$5.8K −$2.66/SF

NOI

$17.3K $7.97/SF

Area

Christian County, MO

Vacancy

3.70%

Lease Rate

$11.04 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$345,740

Cap Rate 7%

$246,957

Cap Rate 9%

$192,078

Alternative Uses

Best Use

Specialty Retail

$247.0K

$216.1K – $288.1K (±1% cap)

NOI $17,287 @ 7.0% cap · market cap 6.29%

Second Best

Retail

$230.5K

$201.7K – $268.9K (±1% cap)

NOI $16,134 @ 7.0% cap · market cap 5.87%

Theoretical Best

Office A

$327.2K

$286.3K – $381.8K (±1% cap)

NOI $22,906 @ 7.0% cap · market cap 8.33%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Darla's Cakery Bakery

Suggested Use

Top Pick HVAC Service Auto Repair Shop Auto Parts Store Bakery Garden Center (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.

Location Intelligence

Trade Area within ½ mile

64

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 65669, MO

2,531

Population

1,079

Households

2.3

Avg Household Size

43

Median Age

26%

College-Educated

90%

High-School Grad

41.0 sq mi

ZIP Area

62

Density / Sq Mi

$84,750

Median Household Income

$37,293

Median Earnings

$1,120

Median Rent

$215,800

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Frequently Asked Questions

What type of property is this?

Coffee shop - The 2022 building has an open interior and is offered as real estate without the existing business.

Where is this coffee shop located?

The property is located at 200 Highlandville Road Highlandville, MO.

What is the asking price?

The asking price for this property is $275,000.

What are key features of this property?

This property features: 2,168‑square‑foot commercial building; Built in 2022; Open‑concept interior