Nixa Flex Industrial
For Sale
Contact for pricing
2012 Michael Ln, Nixa, MO 65714
15,000 SF flex industrial property on 3 acres.
Property Size15,000 SF
Lot Size3.00 Acres
Price / SF$106.67
Days on Market172
Property Features for 2012 Michael Ln
General Information
Standard status
Active
Size
15,000 SF
Lot size
3.00 Acres
Property subtype
Industrial
Investment Type
Owner/User
Listing Agency:
SVN Rankin Company, LLC
(417) 860-9951
Listed By:
Jack Rankin · License #MO 2018038830
Source:
Crexi
Added: Feb 20
Changed: Aug 8
Last Checked: Aug 9 at 3:05PM
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 15,000 SF flex industrial property is located at 2012 N. Michael Lane in Nixa, Missouri. Situated on 3.00 acres in Christian County, the property is conveniently located between Springfield and Nixa. Constructed in 2007, the steel building features warehouse space with multiple 16 ft high overhead doors and 18' clear height ceilings. The property includes an office buildout with several private offices, a reception area, a large conference room, and a break room. Additionally, there is a 3 bed, 2 bath owner’s apartment that could be converted to more office space. The property also features two newly constructed metal pole barns, maximizing the ability for equipment or product storage. The site is positioned in the West Christian County industrial submarket, which features low vacancy and steady rent growth. The location and functional layout are suitable for an owner-occupant or an investor seeking a versatile property in a growing market.
Key Highlights
- 15,000 SF flex industrial property on 3.00 acres.
- Located in the West Christian County industrial submarket with low vacancy and steady rent growth.
- Features warehouse space with multiple 16 ft high overhead doors and 18' clear height ceilings.
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
$58,417
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
3.65%
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%
$1,168,340
$1.2M
Cap Rate 7%
$834,529
$834.5K
Cap Rate 9%
$649,078
$649.1K
Market Conditions
NOI Build-Up for 15,000 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
$70.2K $4.68/SF
− Vacancy
−$1.5K −$0.10/SF
EGI
$68.7K $4.58/SF
− OpEx
−$10.3K −$0.69/SF
NOI
$58.4K $3.89/SF
Area
Christian County, MO
Vacancy
2.10%
Lease Rate
$4.68 /SF/Yr
Expense Ratio
15.00%
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%
$1,168,340
Cap Rate 7%
$834,529
Cap Rate 9%
$649,078
Alternative Uses
Best Use
Warehouse
$834.5K
$730.2K – $973.6K
NOI $58,417 @ 7.0% cap · market cap 3.65%
Second Best
Industrial
$687.3K
$601.4K – $801.8K
NOI $48,108 @ 7.0% cap · market cap 3.01%
Theoretical Best
Office A
$2.26M
$1.98M – $2.64M
NOI $158,479 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
259
Businesses Nearby
Balanced
Demand for This Use
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?
Flex space - 15,000 SF flex industrial property on 3 acres.
Where is this flex space located?
The property is located at 2012 Michael Ln Nixa, MO.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 15,000 SF flex industrial property on 3.00 acres.; Located in the West Christian County industrial submarket with low vacancy and steady rent growth.; Features warehouse space with multiple 16 ft high overhead doors and **18' clear height ceilings**.
