Updated Multi-Tenant Mixed-Use
For Sale
$650,000
Pending
202 E Elm St, Ozark, MO 65721
Eight individual units each include a private bathroom for office and retail occupancy.
Property Size3,330 SF
Days on Market61
Property Features for 202 E Elm St
General Information
Standard status
Pending
Size
3,330 SF
Property subtype
Commercial
Additional Details
Office Units
8
Amenities
private bathrooms
Building Details
Year Built
1989
Year Renovated
2024
Buildings
1
Building Size
3,330 SF
Tenancy
Multi
Listing Agency:
Estes Stancer Commercial Group
Listed By:
Colton Knight · License #2022020202
Source:
Trilakeshomesearch
Added: Jul 11
Changed: Sep 8
Last Checked: Aug 25 at 8:02AM
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 Estes Stancer Commercial Group
Investment Insights
Based on property information with market context.
Located at 202 East Elm Street in Ozark, this 3,330-square-foot mixed-use building combines office and retail space in an eight-unit configuration. Each unit includes a private bathroom, providing consistent individual facilities across the property. Originally constructed in 1989, the building has been updated for current occupancy and includes HVAC systems installed in 2024.
The property sits on Ozark’s historic downtown square, placing the office and retail units within a central commercial setting. Its multi-tenant layout offers separate spaces within one building, with the address providing a clear downtown presence for businesses serving local customers and clients.
The property sits on Ozark’s historic downtown square, placing the office and retail units within a central commercial setting. Its multi-tenant layout offers separate spaces within one building, with the address providing a clear downtown presence for businesses serving local customers and clients.
Key Highlights
- 3,330‑square‑foot mixed‑use office and retail building
- Eight individual units, each with a private bathroom
- HVAC systems installed in 2024
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
$26,387
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
4.06%
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%
$527,740
$527.7K
Cap Rate 7%
$376,957
$377.0K
Cap Rate 9%
$293,189
$293.2K
Market Conditions
NOI Build-Up for 3,330 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
$36.8K $11.04/SF
− Vacancy
−$1.6K −$0.47/SF
EGI
$35.2K $10.57/SF
− OpEx
−$8.8K −$2.64/SF
NOI
$26.4K $7.92/SF
Area
Christian 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 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%
$527,740
Cap Rate 7%
$376,957
Cap Rate 9%
$293,189
Alternative Uses
Best Use
Office B
$377.0K
$329.8K – $439.8K
NOI $26,387 @ 7.0% cap · market cap 4.06%
Second Best
Mixed Use
$355.9K
$311.4K – $415.2K
NOI $24,913 @ 7.0% cap · market cap 3.83%
Theoretical Best
Office A
$502.6K
$439.8K – $586.4K
NOI $35,182 @ 7.0% cap · market cap 5.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
8
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
438
Businesses Nearby
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 Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Eight individual units each include a private bathroom for office and retail occupancy.
Where is this mixed-use property located?
The property is located at 202 E Elm St Ozark, MO.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 3,330‑square‑foot mixed‑use office and retail building; Eight individual units, each with a private bathroom; HVAC systems installed in 2024
