Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Storefront with Roof Needs Replacement Title is generated by Realmo AI

    310 E Commercial Street, Mansfield, MO 65704

    View on Map
    Claim this Listing
    New
    For Sale
    $99,000

    SINGLE_FAMILY - Mansfield, MO

    Type:Retail
    Property size:
    1,845 SF
    Lot size:
    0.09 Acres
    Price / SF:
    $53/SF
    Added:
    Jun 3, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 5 at 11:06 pm

    Property Features for 310 E Commercial Street

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Bathrooms
    1
    Rooms
    Bathroom 1
    Standard status
    Active
    APN
    24-5.0-21-1-008-018.00
    Lot size
    0.09 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    PT LOT 44 OF NETTLETON'S 3RD ADD DESC AS BEG AT SCOR LOT 44 -NW75'FOR TPOB-NW25'-NE156'-SE25'-SW156 'TO TPOB
    Tax Annual Amount
    469

    Utilities

    Utilities
    Water Available

    Building Details

    Year built
    1940

    We can help!

    Listing Contact
    Tammy L Barrett
    Tammy L Barrett

    Listing agent Tammy L Barrett License #2006028327

    Listing office Keller Williams 1619 E. Independence St., Springfield, MO

    Listing date Jun 3, 2026

    MLS# 60325343

    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.

    HighLights

    • 1845 sq ft commercial space right on the square in Mansfield
    • Year built: 1940
    • Utilities: water available
    • Located on main street near the post office, with lots of traffic reported
    • Currently needs a new roof

    Overview

    This property is a retail storefront totaling 1,845 square feet. It’s offered for sale with the opportunity to operate your own business or use the space as rental income. The property is described as needing a new roof.

    Located at 310 E Commercial Street in Mansfield, Missouri (Wright County), the storefront sits on the main commercial corridor and is noted as being right on the square. Public remarks indicate lots of traffic due to proximity to the post office.

    For tenants or owners looking for a small retail footprint near active community foot traffic, the straightforward storefront configuration may fit a range of local uses. Investors considering a rental income approach should account for the roof replacement noted in the remarks, since it will likely be a key item for budgeting and timing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Buy Bitcoin Crypto Atm Casey's Take-out & Catering Coinhub Bitcoin ATM ... Atm CDReload - Online Bitcoin ... Crypto Atm United States Postal ... Money Order Service

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Building Supply Nail Salon Big Box & Wholesale Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Mansfield
    County
    Wright
    State
    Missouri
    Longitude
    -92.579958
    Latitude
    37.105527

    Nearby Similar for Sale

    • $352,000

      Mansfield Multifamily Investment Opportunity

      Income-generating multifamily property with strong rental history in high-demand location.
      209 N Hamilton Avenue, Mansfield, MO 65704
      View Details
    • $299,750

      Renovated Commercial Building Near Highway

      Newly renovated commercial building suitable for various business types.
      2184 Highway B, Mansfield, MO
      View Details

    FAQs

    What type of property is this?
    Storefront property - Retail storefront available in Mansfield, MO with 1,845 SF and high walk-by traffic near the post office.
    Where is this storefront property located?
    The property is located at 310 E Commercial Street Mansfield, MO.
    What is the asking price?
    The asking price for this property is $99,000.
    What are key features of this property?
    This property features: 1845 sq ft commercial space right on the square in Mansfield; Year built: 1940; Utilities: water available
    (417) 349-1981
    We can help!
    Listing Contact
    Tammy L Barrett
    Tammy L Barrett
    Real Estate License ID: 2006028327
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    310 E Commercial Street, Mansfield, MO 65704
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!