Building Details

Year built 2008

Flooring type Concrete, Vinyl

Building materials Fiber Cement, Stone

Listing Agency: RE/MAX Today · RE/MAX International e***@fidnet.com Show Phone

Listed By: Aaron Swann · License #2005028195 Show Phone

Added: Aug 24 Changed: Oct 1 Last Checked: Oct 10 at 5:06PM

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MLS# 26035361

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Investment Insights

Based on property information with market context.

This 2,500-square-foot flex property at 208 Immanuel Avenue provides a finished 50-by-50-foot commercial layout with a glass storefront, arched stone entry, and an accessible bathroom. The front portion includes vinyl flooring and finished areas suited to reception, customer service, office, meeting, or retail functions, while the rear section has a finished concrete floor for kitchen, seating, warehouse, distribution, shipping, receiving, storage, or contractor uses. The space may also be divided into two 1,250-square-foot areas or configured into smaller sections.

Zoned C3, the property is positioned in the Stonehurst development near Hwy 100 and shares the center with a liquor store, cafe and coffee shop, print shop, gym, and hair salon. Nearby businesses include Dollar General, a grocery store, an investment firm, an assisted living facility, and an ambulance base. Building systems include two rooftop HVAC units, three-phase and single-phase electric, lighting throughout, fiber internet, natural gas heat, central air, and cable availability. Built in 2008, the structure uses fiber cement and stone construction.

Key Highlights

• 2,500 square feet of finished commercial space in a 50‑by‑50‑foot layout
• C3 zoning supports retail, restaurant, office, medical, warehouse, repair, contractor, and other listed commercial uses
• Glass storefront, arched stone entry, accessible bathroom, and finished customer‑facing areas

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$15,877

Cap Rate

7.94%

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 (±1% cap)

NOI $23,538 @ 7.0% cap · market cap 11.77%

Second Best

Warehouse

$275.4K

$241.0K – $321.3K (±1% cap)

NOI $19,279 @ 7.0% cap · market cap 9.64%

Theoretical Best

Office A

$736.0K

$644.0K – $858.7K (±1% cap)

NOI $51,520 @ 7.0% cap · market cap 25.76%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Big Box & Wholesale Store Auto Parts Store Hair Salon Electrical Service Storage Facility Spa & Massage Center

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

77

Businesses Nearby

Well-served

Demand for This Use

Explore this area 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

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Retail Space with Glass Front

212 Immanuel Avenue, New Haven, MO 63068

$92,900

0.29 Acres

View details

Manufacturing Building with Loading Dock

107 E Industrial Drive, New Haven, MO 63068

$695,000

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Similar Off Market Nearby

• Front Street Catering — 109 Seitter Dr, New Haven, MO 63068

Frequently Asked Questions

What type of property is this?

Flex space - Finished commercial space with adaptable interior areas, customer-facing frontage, and C3 zoning near an established business center.

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 $200,000.

What are key features of this property?

This property features: 2,500 square feet of finished commercial space in a 50‑by‑50‑foot layout; C3 zoning supports retail, restaurant, office, medical, warehouse, repair, contractor, and other listed commercial uses; Glass storefront, arched stone entry, accessible bathroom, and finished customer‑facing areas