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Multi-Purpose Flex Warehouse

210 N River Street Carthage, MO 64836

New
210 N River Street, Carthage, MO, 64836
$349,000
For Sale
$349,000

COMMERCIAL - Carthage, MO

Property Size5,056 SF
Lot Size0.87 Acres
Price / SF$69.03
Days on Market2

Property Features for 210 N River Street

General Information

Property type
Commercial Sale
Property subtype
Other
Fencing
Chain Link, Partial
Standard status
Active
APN
14200310001003002
Size
5,056 SF
Lot size
0.87 Acres

Utilities

Heating system
Natural Gas, Forced Air

Building Details

Flooring type
Carpet, Concrete
Roof type
Metal
Listing Agency PRO 100 Inc., REALTORS
1027 S Main Street Suite 300, Joplin, MO
Listed by Eric Wood · License #1999020410
Added: Jul 20 Checked: Jul 21 at 7:06 am
MLS# 263964

Copyright © 2026 Ozark Gateway Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This multi-purpose flex building includes two large offices plus a central meeting room and a large gathering area. The rear warehouse/shop space is served by a 14-foot overhead door, with 14-foot sidewalls, and overhead in the warehouse. The property is equipped with central heat, mini split systems, and a 1/2 bath. A kitchen has been present in the past, and the building includes 3-phase power.

Additional site features include that approximately 60% of the property is fenced. The building is located at 210 N River Street in Carthage, Missouri (Jasper County).

With office and meeting areas paired with a sizable warehouse/shop at the rear, the layout is designed for a range of operational setups where both work space and dedicated rooms are needed.

Key Highlights

  • Multipurpose building with 2 large offices, a central meeting room, and a large gathering area
  • Warehouse/shop in the rear features a 14‑ft overhead door and 14‑ft sidewalls
  • 3‑phase power available; overhead heaters in the warehouse

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $30.3k $6.00
− Vacancy −$1.1k −$0.21
EGI $29.3k $5.79
− OpEx −$4.4k −$0.87
NOI $24.9k $4.92
5,056 SF · lease $6.00/SF/yr · vacancy 3.50% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$355.5K
$311.0K – $414.7K (±1% cap)
NOI $24,883 @ 7.0% cap · market cap 7.13%
Second Best
Industrial
$292.7K
$256.2K – $341.5K (±1% cap)
NOI $20,492 @ 7.0% cap · market cap 5.87%
Theoretical Best
Office A
$1.53M
$1.33M – $1.78M (±1% cap)
NOI $106,783 @ 7.0% cap · market cap 30.60%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Building Supply Real Estate Agency Big Box & Wholesale Store Electrical Service Auto Parts Store HVAC Service Furniture & Home Goods Gym & Fitness Center (Bike/Boat/Book/etc) Store Spa & Massage Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Flex space - Flex building with two large offices, central meeting area, and rear warehouse/shop featuring a 14-foot overhead door.
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 $349,000.
What are key features of this property?
This property features: Multipurpose building with 2 large offices, a central meeting room, and a large gathering area; Warehouse/shop in the rear features a 14‑ft overhead door and 14‑ft sidewalls; 3‑phase power available; overhead heaters in the warehouse
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