316 W US Hwy 40, Odessa, MO
Two-story, 11,000 SF building with spaces available for rent.
- Added:
- Dec 19, 2023
- Days on Market:
- 902
- Last Refresh:
- May 20 at 8:23 pm
Property Features for 316 W US Hwy 40
General Information
- Standard status
- Active
- Size
- 5,500 SF
- Lot size
- 1.37 Acres
- Property subtype
- OFFICE
Properties For Sale
at 316 W US Hwy 40 Contact us
Listing agent Bob Jaekel License #1999049244
Listing office Block & Company, Inc. (816) 753-6000
Listing date Dec 19, 2023
Source Moodyscre
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 Block & Company, Inc.
HighLights
- High visibility location
- Two‑story all brick building with 11,000 sq ft total space
- Two 2,000 SF spaces available on the 1st floor
- Easy ingress and egress
- 2nd floor is 100% occupied, providing immediate income
Overview
Local Financial Insights For Office B
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 | $124.7k | $22.68 |
| − Vacancy | −$23.6k | −$4.29 |
| EGI | $101.2k | $18.39 |
| − OpEx | −$25.3k | −$4.60 |
| NOI | $75.9k | $13.80 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Odessa
- County
- Lafayette
- State
- Missouri
- Longitude
- -93.9573
- Latitude
- 39.0076
