Insulated Flex Space with Interstate
For Sale
$950,000
2583 High Street, Sarcoxie, MO 64862
COMMERCIAL - Sarcoxie, MO
Property Size10,200 SF
Lot Size7.00 Acres
Price / SF$93.14
Days on Market51
Property Features for 2583 High Street
General Information
Property type
Commercial Sale
Property subtype
Other
Fencing
Partial
Directions
I 44 West to exit 29 and go South to the Sign just past Kum and Go and across from Love's Truck Stop
Subdivision
10 - Sarcoxie Area
Standard status
Active
APN
23200900000009001
Size
10,200 SF
Lot size
7.00 Acres
Taxes and HOA fees
Tax Annual Amount
1949
Utilities
Heating system
Natural Gas, Central, Propane (Heating)
Cooling system
Central Air
Building Details
Year built
2000
Flooring type
Concrete
Roof type
Metal
Listing Agency:
PRO 100 Inc., REALTORS
(417) 782-0800
Listed By:
Jim Alyssa Hunter Team · License #2010009040
(417) 850-5355
Added: Jul 1
Changed: Aug 4
Last Checked: Aug 20 at 7:06AM
MLS# 263593
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 7-acre flex property contains 10,200 square feet across two separate buildings. The larger structure measures 75' x 100' and features a free-span red iron frame with 22' sidewalls. A second 30' x 90' wood-frame building has a metal exterior. Both buildings are insulated and equipped with heat, air conditioning, and restrooms. Concrete flooring, metal roofing, and partial fencing are also in place.
The property fronts the Interstate 44 Business Loop and also borders Interstate 44 along its north property line. It sits across from Love's Travel Stop and Arby's, with a Kum & Go convenience store north of the site. City utilities are available, and the parcel has not been annexed into Sarcoxie. The buildings were constructed in 2000.
The property fronts the Interstate 44 Business Loop and also borders Interstate 44 along its north property line. It sits across from Love's Travel Stop and Arby's, with a Kum & Go convenience store north of the site. City utilities are available, and the parcel has not been annexed into Sarcoxie. The buildings were constructed in 2000.
Key Highlights
- 7‑acre property with 10,200 square feet across two buildings
- 75' x 100' free‑span red iron building with 22' sidewalls
- Second building measures 30' x 90' with wood framing and metal exterior
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$50,199
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,003,980
$1.0M
Cap Rate 7%
$717,129
$717.1K
Cap Rate 9%
$557,767
$557.8K
Market Conditions
NOI Build-Up for 10,200 SF
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.
Gross rent
$61.2K $6.00/SF
− Vacancy
−$2.1K −$0.21/SF
EGI
$59.1K $5.79/SF
− OpEx
−$8.9K −$0.87/SF
NOI
$50.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,003,980
Cap Rate 7%
$717,129
Cap Rate 9%
$557,767
Alternative Uses
Best Use
Warehouse
$717.1K
$627.5K – $836.7K
NOI $50,199 @ 7.0% cap · market cap 5.28%
Second Best
Industrial
$590.6K
$516.8K – $689.0K
NOI $41,341 @ 7.0% cap · market cap 4.35%
Theoretical Best
Office A
$3.08M
$2.69M – $3.59M
NOI $215,424 @ 7.0% cap · market cap 22.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
71
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 64862, MO
3,282
Population
1,498
Households
2.2
Avg Household Size
41
Median Age
8%
College-Educated
85%
High-School Grad
90.6 sq mi
ZIP Area
36
Density / Sq Mi
$46,495
Median Household Income
$28,694
Median Earnings
$858
Median Rent
$117,800
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - The property includes two insulated buildings with HVAC, restrooms, and concrete flooring.
Where is this flex space located?
The property is located at 2583 High Street Sarcoxie, MO.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 7‑acre property with 10,200 square feet across two buildings; 75' x 100' free‑span red iron building with 22' sidewalls; Second building measures 30' x 90' with wood framing and metal exterior
