Flex Space with
210 N River Street, Carthage, MO 64836
For Sale
New
$290,000
Office and gathering areas pair with a rear shop, three-phase power, and partial chain-link fencing.
Property Size6,225 SF
Price / SF$46.59
Days on Market1
Property Features for 210 N River Street
General Information
Standard status
Size
Additional Details
Fenced Yard
Three-Phase Power
Property Use
Amenities
central meeting room
gathering area
Carpet,Concrete
Yes
No
Fence - Partial,Chain Link
0.87
IRR
Slab
6225.0
Building Details
Building Size
Listing Agency:
PRO 100 Inc., REALTORS
Listed By:
Eric Wood · License #1999020410
(417) 437-0094
Source:
Pryerrealtygroup
Added: Nov 7
Last Checked: Nov 7 at 2:05PM
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 PRO 100 Inc., REALTORS
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Investment Insights
Based on property information with market context.
This 6,225-square-foot flex property combines two large offices with a central meeting room and gathering area. A warehouse and shop occupy the rear, with a 14-foot overhead door and 14-foot sidewalls. The building also has three-phase power, central heat, overhead warehouse heating, and mini-split systems. A half bathroom serves the space, and chain-link fencing encloses part of the property.
The site covers 0.87 acres at 210 N River Street in Carthage, Missouri. The building is constructed on a slab.
The site covers 0.87 acres at 210 N River Street in Carthage, Missouri. The building is constructed on a slab.
Key Highlights
- 6,225‑square‑foot flex building on 0.87 acres
- Two large offices, a central meeting room, and a gathering area
- Rear warehouse/shop with 14‑foot overhead door and 14‑foot sidewalls
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,230
Cap Rate
8.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$504,600
$504.6K
Cap Rate 7%
$360,429
$360.4K
Cap Rate 9%
$280,333
$280.3K
Market Conditions
NOI Build-Up for 6,225 SF
Gross rent
$37.4K $6.00/SF
− Vacancy
−$1.3K −$0.21/SF
EGI
$36.0K $5.79/SF
− OpEx
−$10.8K −$1.74/SF
NOI
$25.2K $4.05/SF
Area
Jasper County, MO
Vacancy
3.50%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$504,600
Cap Rate 7%
$360,429
Cap Rate 9%
$280,333
Alternative Uses
Best Use
Warehouse
$437.7K
$383.0K – $510.6K
NOI $30,636 @ 7.0% cap · market cap 10.56%
Second Best
Industrial
$360.4K
$315.4K – $420.5K
NOI $25,230 @ 7.0% cap · market cap 8.70%
Theoretical Best
Office A
$1.88M
$1.64M – $2.19M
NOI $131,472 @ 7.0% cap · market cap 45.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
462
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 64836, MO
25,334
Population
10,241
Households
2.5
Avg Household Size
37
Median Age
24%
College-Educated
82%
High-School Grad
184.1 sq mi
ZIP Area
138
Density / Sq Mi
$58,775
Median Household Income
$35,311
Median Earnings
$883
Median Rent
$157,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Jasper County, MO
Properties on Market for Flex space in Jasper County
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Office and gathering areas pair with a rear shop, three-phase power, and partial chain-link fencing.
Where is this flex space located?
The property is located at 210 N River Street Carthage, MO.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: 6,225‑square‑foot flex building on 0.87 acres; Two large offices, a central meeting room, and a gathering area; Rear warehouse/shop with 14‑foot overhead door and 14‑foot sidewalls
