Multi-Unit Flex Space with Loading
For Sale
Contact for pricing
318 W Walnut St, Raymore, MO 64083
Multiple units combine commercial frontage with industrial space for flexible occupancy and operations.
Property Size6,520 SF
Lot Size0.61 Acres
Price / SF$91.26
Days on Market146
Property Features for 318 W Walnut St
General Information
Standard status
Active
Size
6,520 SF
Lot size
0.61 Acres
Property subtype
Industrial, Mixed Use, Office, Retail
Zoning
C-2
Investment Type
Owner/User
Additional Details
Dock-High Doors
1
Building Details
Buildings
6
Stories
2
Listing Agency:
AMG/CR
Listed By:
Mike Rivera · License #MO2014044128
Source:
Crexi
Added: Apr 7
Changed: Aug 30
Last Checked: Aug 30 at 1:47PM
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 AMG/CR
Investment Insights
Based on property information with market context.
Woodson Place is a multi-unit flex property comprising 6,520 square feet on a 0.61-acre site. The configuration combines commercial frontage with industrial space, creating a varied layout within a single property. A dock-high loading door adds functional support for receiving, shipping, and distribution activity. The property is zoned C-2 and is located at 318 W Walnut St in Raymore, Missouri. Its mix of customer-facing and industrial areas provides a commercial setting for users requiring both front-of-house space and operational capacity.
Key Highlights
- 6,520‑square‑foot flex property on a 0.61‑acre site
- Multiple units with commercial frontage and industrial space
- Dock‑high loading door supports loading and distribution functions
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
$45,339
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
7.62%
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%
$906,780
$906.8K
Cap Rate 7%
$647,700
$647.7K
Cap Rate 9%
$503,767
$503.8K
Market Conditions
NOI Build-Up for 6,520 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
$58.7K $9.00/SF
− Vacancy
−$5.3K −$0.82/SF
EGI
$53.3K $8.18/SF
− OpEx
−$8.0K −$1.23/SF
NOI
$45.3K $6.95/SF
Area
Cass County, MO
Vacancy
9.10%
Lease Rate
$9.00 /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%
$906,780
Cap Rate 7%
$647,700
Cap Rate 9%
$503,767
Alternative Uses
Best Use
Warehouse
$647.7K
$566.7K – $755.7K
NOI $45,339 @ 7.0% cap · market cap 7.62%
Second Best
Industrial
$551.0K
$482.1K – $642.8K
NOI $38,570 @ 7.0% cap · market cap 6.48%
Theoretical Best
Office A
$1.47M
$1.29M – $1.72M
NOI $102,901 @ 7.0% cap · market cap 17.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Dock-high doors
Location Intelligence
Trade Area within ½ mile
355
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 64083, MO
24,945
Population
10,058
Households
2.5
Avg Household Size
40
Median Age
37%
College-Educated
95%
High-School Grad
25.7 sq mi
ZIP Area
971
Density / Sq Mi
$99,575
Median Household Income
$53,042
Median Earnings
$1,262
Median Rent
$316,100
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Watts Smoking BBQ — 606 E Walnut St, Raymore, MO 64083
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Frequently Asked Questions
What type of property is this?
Flex space - Multiple units combine commercial frontage with industrial space for flexible occupancy and operations.
Where is this flex space located?
The property is located at 318 W Walnut St Raymore, MO.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 6,520‑square‑foot flex property on a 0.61‑acre site; Multiple units with commercial frontage and industrial space; Dock‑high loading door supports loading and distribution functions
