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Flex Space with Overhead Doors
New
For Sale
$1,868,815

2412 County Lane 175, Carthage, MO 64836

Commercial Sale, Carthage, MO

Property Size24,000 SF
Lot Size25.68 Acres
Price / SF$77.87
Days on Market2

Property Features for 2412 County Lane 175

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 5, Bathroom 3, Bathroom 4, Bathroom 1, Bathroom 2
Lot features Surveyed, Level, Wooded, Will Divide
Directions Take I-44 West to Exit 22 to Cimarron Rd (E 7th St-Joplin); bearing West on Cimarron Rd to County Lane 175 on North side. Property is at the end of County Lane 175.
Standard status Active
APN 20100100000002000
Lot size 25.68 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 20903

Utilities

Utilities Electricity Available
Cooling system Zoned, Central Air, Ceiling Fan(s)

Building Details

Year built 2013
Roof type Metal
Listing Agency: RealPro
Listed By: Brandi Haddock
Added: Oct 28 Changed: Oct 29 Last Checked: Oct 29 at 8:06AM
MLS# 60337240

Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This flex property combines light industrial space with professional offices and a one-bedroom apartment. The facility totals nearly 24,000 square feet and has undergone renovation and expansion. Office areas exceed 11,000 square feet, with more than 2,200 square feet of unfinished office space. Industrial features include four 16 x 16 overhead doors, two of them pass-throughs, plus one 14 x 14 overhead door. A concrete shelter measures 8 x 12 feet.

The 25.68-acre property is less than one mile (2,200 feet) from I-44, near the Prigmore Exit and Joplin’s Southward Industrial Park. Fifteen acres are available for further development.

Key Highlights

  • Nearly 24,000 square feet of renovated and expanded industrial‑office space
  • More than 11,000 square feet of professional office space, plus 2,200+ square feet unfinished
  • Four 16 x 16 overhead doors, including two pass‑throughs, and one 14 x 14 overhead door

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$118,116
Cap Rate
6.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,362,320 $2.4M
Cap Rate 7%
$1,687,371 $1.7M
Cap Rate 9%
$1,312,400 $1.3M
Market Conditions
NOI Build-Up for 24,000 SF
Gross rent
$144.0K $6.00/SF
− Vacancy
−$5.0K −$0.21/SF
EGI
$139.0K $5.79/SF
− OpEx
−$20.8K −$0.87/SF
NOI
$118.1K $4.92/SF
Area
Jasper County, MO
Vacancy
3.50%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,362,320
Cap Rate 7%
$1,687,371
Cap Rate 9%
$1,312,400

Alternative Uses

Best Use
Mixed Use
$3.08M
$2.69M – $3.59M (±1% cap)
NOI $215,280 @ 7.0% cap · market cap 11.52%
Second Best
Warehouse
$1.69M
$1.48M – $1.97M (±1% cap)
NOI $118,116 @ 7.0% cap · market cap 6.32%
Theoretical Best
Office A
$7.24M
$6.34M – $8.45M (±1% cap)
NOI $506,880 @ 7.0% cap · market cap 27.12%
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

Flex space

Suggested Use

Top Pick Auto Repair Shop Hotel & Motel

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

8
Businesses Nearby
Well-served
Demand for This Use

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
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Flex space - Renovated industrial and office improvements are paired with additional land for future development.
Where is this flex space located?
The property is located at 2412 County Lane 175 Carthage, MO.
What is the asking price?
The asking price for this property is $1,868,815.
What are key features of this property?
This property features: Nearly 24,000 square feet of renovated and expanded industrial‑office space; More than 11,000 square feet of professional office space, plus 2,200+ square feet unfinished; Four 16 x 16 overhead doors, including two pass‑throughs, and one 14 x 14 overhead door
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