Flex Space with Shop
For Sale
$192,500
237 Forest View Dr, Seymour, MO 65746
A secondary structure offers additional space for office, storage, or living use.
Property Size3,195 SF
Price / SF$60.25
Days on Market56
Property Features for 237 Forest View Dr
General Information
Standard status
Active
Size
3,195 SF
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Outdoor Storage
Yes
Additional Details
Property Use
Light Industrial
Building Details
Year Built
1996
Buildings
2
Listing Agency:
Callaway Property Group
(417) 872-5410
Listed By:
Taylor Wallace · License #2026031251
(417) 543-4350
Source:
Onefiverealestate
Added: Sep 12
Changed: Nov 5
Last Checked: Nov 5 at 1:52PM
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 Callaway Property Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex property includes a 3,195-square-foot shop building and a separate secondary structure that can serve as office, storage, or living space. The primary building dates to 1996, and the largely level open lot provides room for parking and outdoor storage, with expansion subject to zoning and applicable approvals.
The property is accessed just off Highway 60, east of Rogersville, Missouri.
The property is accessed just off Highway 60, east of Rogersville, Missouri.
Key Highlights
- 3,195‑square‑foot shop building
- Separate structure suitable for office, storage, or living use
- Mostly flat open lot for parking and outdoor storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,247
Cap Rate
5.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$204,940
$204.9K
Cap Rate 7%
$146,386
$146.4K
Cap Rate 9%
$113,856
$113.9K
Market Conditions
NOI Build-Up for 3,195 SF
Gross rent
$15.0K $4.68/SF
− Vacancy
−$314 −$0.10/SF
EGI
$14.6K $4.58/SF
− OpEx
−$4.4K −$1.37/SF
NOI
$10.2K $3.21/SF
Area
Webster County, MO
Vacancy
2.10%
Lease Rate
$4.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$204,940
Cap Rate 7%
$146,386
Cap Rate 9%
$113,856
Alternative Uses
Best Use
Industrial
$146.4K
$128.1K – $170.8K
NOI $10,247 @ 7.0% cap · market cap 5.32%
Second Best
Flex RnD
$135.9K
$118.9K – $158.6K
NOI $9,515 @ 7.0% cap · market cap 4.94%
Theoretical Best
Office A
$482.2K
$422.0K – $562.6K
NOI $33,756 @ 7.0% cap · market cap 17.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
35
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 65746, MO
8,667
Population
2,870
Households
3
Avg Household Size
30
Median Age
14%
College-Educated
83%
High-School Grad
185.4 sq mi
ZIP Area
47
Density / Sq Mi
$53,503
Median Household Income
$34,809
Median Earnings
$698
Median Rent
$190,500
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - A secondary structure offers additional space for office, storage, or living use.
Where is this flex space located?
The property is located at 237 Forest View Dr Seymour, MO.
What is the asking price?
The asking price for this property is $192,500.
What are key features of this property?
This property features: 3,195‑square‑foot shop building; Separate structure suitable for office, storage, or living use; Mostly flat open lot for parking and outdoor storage
