Flex Space with
328 Stone Creek Drive, Strafford, MO 65757
For Sale
$3,500,000
Commercial Sale, Strafford, MO
Property Size28,625 SF
Lot Size3.00 Acres
Price / SF$122.27
Days on Market423
Property Features for 328 Stone Creek Drive
General Information
Property type
Property subtype
Bathrooms
Full bathrooms
Rooms
Directions
Standard status
APN
Lot size
Additional Details
Condition
Taxes and HOA fees
Tax Year
Tax Description
Legal Description
Utilities
Utilities
Heating system
Cooling system
Building Details
Year built
Roof type
Listing Agency:
Cantrell Real Estate
(417) 414-0324
Listed By:
Brent Cantrell · License MO #2003032115
(417) 425-0214
Added: Sep 17, 2025
Changed: Oct 29
Last Checked: Nov 13 at 11:06PM
MLS# 60304998
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2023, this 28,625-square-foot flex property combines 2,625 square feet of finished office area with a 26,000-square-foot warehouse. The office component includes private offices, reception, restrooms, and break areas, while the warehouse provides high ceilings, bright lighting, insulated walls and roof, and multiple overhead doors.
The property occupies 3 acres at 328 Stone Creek Drive in Strafford, Missouri. The site offers space for parking, truck circulation, outdoor storage, or future expansion. Building systems include forced-air and natural-gas heating, central air conditioning, a metal roof, and available water service.
The property occupies 3 acres at 328 Stone Creek Drive in Strafford, Missouri. The site offers space for parking, truck circulation, outdoor storage, or future expansion. Building systems include forced-air and natural-gas heating, central air conditioning, a metal roof, and available water service.
Key Highlights
- 28,625‑square‑foot flex property on 3 acres
- 2,625 square feet of finished offices with private offices, reception, restrooms, and break areas
- 26,000‑square‑foot warehouse with high ceilings and multiple overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$159,083
Cap Rate
4.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,181,660
$3.2M
Cap Rate 7%
$2,272,614
$2.3M
Cap Rate 9%
$1,767,589
$1.8M
Market Conditions
NOI Build-Up for 28,625 SF
Gross rent
$257.6K $9.00/SF
− Vacancy
−$12.9K −$0.45/SF
EGI
$244.7K $8.55/SF
− OpEx
−$85.7K −$2.99/SF
NOI
$159.1K $5.56/SF
Area
Greene County, MO
Vacancy
5.00%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,181,660
Cap Rate 7%
$2,272,614
Cap Rate 9%
$1,767,589
Alternative Uses
Best Use
Office B
$6.76M
$5.92M – $7.89M
NOI $473,370 @ 7.0% cap · market cap 13.52%
Second Best
Flex RnD
$2.27M
$1.99M – $2.65M
NOI $159,083 @ 7.0% cap · market cap 4.55%
Theoretical Best
Office A
$9.39M
$8.22M – $10.96M
NOI $657,459 @ 7.0% cap · market cap 18.78%
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
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 65757, MO
7,962
Population
3,130
Households
2.5
Avg Household Size
41
Median Age
24%
College-Educated
94%
High-School Grad
83.4 sq mi
ZIP Area
95
Density / Sq Mi
$76,809
Median Household Income
$48,256
Median Earnings
$1,007
Median Rent
$231,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Flex space in Greene County
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Newer facility combines finished offices with a high-ceiling warehouse for varied commercial operations.
Where is this flex space located?
The property is located at 328 Stone Creek Drive Strafford, MO.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 28,625‑square‑foot flex property on 3 acres; 2,625 square feet of finished offices with private offices, reception, restrooms, and break areas; 26,000‑square‑foot warehouse with high ceilings and multiple overhead doors
