Contractor Flex Space with
For Sale
$175,000
208 Immanuel Avenue, New Haven, MO 63068
A front office and customer area pair with rear warehouse and shipping space in a C3-zoned commercial building.
Property Size2,500 SF
Price / SF$70
Days on Market9
Property Features for 208 Immanuel Avenue
General Information
Standard status
Active
Size
2,500 SF
Property subtype
Commercial
Zoning
C3
Warehouse & Industrial
Warehouse Space
1,700 SF
Office Build-Out
800 SF
Three-Phase Power
Yes
Additional Details
Property Use
Contractor Flex Space
Taxes and HOA fees
Annual Taxes
$2,960
Building Details
Building Size
2,500 SF
Year Built
2008
Buildings
1
Listing Agency:
Flowers Home Realty
(636) 348-0222
Listed By:
Marletta Flowers
(314) 614-8707
Source:
Flowershomerealty
Added: Oct 15
Changed: Oct 23
Last Checked: Oct 23 at 1:28PM
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 Flowers Home Realty
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Investment Insights
Based on property information with market context.
This 2,500-square-foot flex property, built in 2008, combines finished office and customer-facing space with a warehouse and shipping area. The 50-by-50-foot layout includes approximately 16-by-50 feet of finished office space and 34-by-50 feet for warehouse, shipping, receiving, and storage. Features include a glass storefront, arched stone entry, an accessible bathroom, two rooftop HVAC units, an on-demand water heater, high-bay lighting, LVP flooring, and both three-phase and single-phase electric service. Double doors at the rear support movement of larger items.
The property is in the Stonehurst development near Hwy 100, alongside businesses that include a liquor store, cafe and coffee shop, print shop, 24-hour gym, and hair salon. Nearby businesses and services include a grocery store, Dollar General, an assisted living facility, and an ambulance base. C3 zoning supports a range of commercial uses, including retail, office, warehouse, distribution, repair, and contractor operations.
The property is in the Stonehurst development near Hwy 100, alongside businesses that include a liquor store, cafe and coffee shop, print shop, 24-hour gym, and hair salon. Nearby businesses and services include a grocery store, Dollar General, an assisted living facility, and an ambulance base. C3 zoning supports a range of commercial uses, including retail, office, warehouse, distribution, repair, and contractor operations.
Key Highlights
- 2,500‑square‑foot flex space with a 50‑by‑50‑foot footprint
- Approximately 16‑by‑50 feet of finished office space and 34‑by‑50 feet for warehouse, shipping, receiving, and storage
- C3 zoning; building was constructed in 2008
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,877
Cap Rate
9.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$317,540
$317.5K
Cap Rate 7%
$226,814
$226.8K
Cap Rate 9%
$176,411
$176.4K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$23.7K $9.48/SF
− Vacancy
−$1.0K −$0.41/SF
EGI
$22.7K $9.07/SF
− OpEx
−$6.8K −$2.72/SF
NOI
$15.9K $6.35/SF
Area
Franklin County, MO
Vacancy
4.30%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$317,540
Cap Rate 7%
$226,814
Cap Rate 9%
$176,411
Alternative Uses
Best Use
Retail
$336.3K
$294.2K – $392.3K
NOI $23,538 @ 7.0% cap · market cap 13.45%
Second Best
Warehouse
$275.4K
$241.0K – $321.3K
NOI $19,279 @ 7.0% cap · market cap 11.02%
Theoretical Best
Office A
$736.0K
$644.0K – $858.7K
NOI $51,520 @ 7.0% cap · market cap 29.44%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
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Business Placement
Demographics for 63068, MO
5,113
Population
2,442
Households
2.1
Avg Household Size
42
Median Age
25%
College-Educated
93%
High-School Grad
91.9 sq mi
ZIP Area
56
Density / Sq Mi
$81,750
Median Household Income
$45,349
Median Earnings
$825
Median Rent
$209,200
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - A front office and customer area pair with rear warehouse and shipping space in a C3-zoned commercial building.
Where is this flex space located?
The property is located at 208 Immanuel Avenue New Haven, MO.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 2,500‑square‑foot flex space with a 50‑by‑50‑foot footprint; Approximately 16‑by‑50 feet of finished office space and 34‑by‑50 feet for warehouse, shipping, receiving, and storage; C3 zoning; building was constructed in 2008
