Corner Storefront
New
For Sale
$172,000
402 S Jefferson Avenue, Webb City, MO 64870
Commercial Sale, Webb City, MO
Property Size880 SF
Lot Size0.25 Acres
Price / SF$195.45
Days on Market3
Property Features for 402 S Jefferson Avenue
General Information
Property type
Commercial Sale
Property subtype
Retail
Directions
From the corner of Madison and MacArthur, North on Madison 1 block to 4th and Jefferson, property on SW Corner.
Subdivision
08 - Webb City Area
Standard status
Active
Size
880 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Annual Amount
869
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1967
Number of units
1
Flooring type
Ceramic, Concrete
Roof type
Rolled Hot Mop
Listing Agency:
KELLER WILLIAMS REALTY ELEVATE
(417) 623-9900
Listed By:
Israel Thompson Team · License #2010023637
(417) 483-3355
Added: Aug 20
Changed: Aug 21
Last Checked: Aug 22 at 5:06PM
MLS# 264655
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 880-square-foot commercial storefront at 402 S Jefferson Avenue provides a compact property configuration in Webb City. Constructed in 1967, the building includes ceramic and concrete flooring, central heating, central air conditioning, and a rolled hot mop roof.
The property occupies 0.25 acres at a corner location in Webb City, Missouri, within Jasper County. Its physical profile combines a small commercial building with a defined site and established building systems.
The property occupies 0.25 acres at a corner location in Webb City, Missouri, within Jasper County. Its physical profile combines a small commercial building with a defined site and established building systems.
Key Highlights
- 880 square feet of commercial building area
- 0.25‑acre site at a corner location
- Built in 1967
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
$8,303
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
4.83%
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%
$166,060
$166.1K
Cap Rate 7%
$118,614
$118.6K
Cap Rate 9%
$92,256
$92.3K
Market Conditions
NOI Build-Up for 880 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
$12.4K $14.04/SF
− Vacancy
−$494 −$0.56/SF
EGI
$11.9K $13.48/SF
− OpEx
−$3.6K −$4.04/SF
NOI
$8.3K $9.43/SF
Area
Jasper County, MO
Vacancy
4.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
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%
$166,060
Cap Rate 7%
$118,614
Cap Rate 9%
$92,256
Alternative Uses
Best Use
Retail
$118.6K
$103.8K – $138.4K
NOI $8,303 @ 7.0% cap · market cap 4.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$265.5K
$232.3K – $309.8K
NOI $18,586 @ 7.0% cap · market cap 10.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
426
Businesses Nearby
151k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 66%
Shops & Services 26%
Home Improvements & Furnishings 4%
Beauty & Spa 2%
McDonald's
Dining
32,884 visits/mo
0.1 miles
Culver's
Dining
21,797 visits/mo
0.0 miles
Dollar Tree
Shops & Services
15,150 visits/mo
0.2 miles
Whataburger
Dining
13,985 visits/mo
0.3 miles
Popeyes Louisiana Kitchen
Dining
8,817 visits/mo
0.3 miles
Demographics for 64870, MO
16,566
Population
6,796
Households
2.4
Avg Household Size
35
Median Age
30%
College-Educated
92%
High-School Grad
33.6 sq mi
ZIP Area
493
Density / Sq Mi
$64,619
Median Household Income
$39,267
Median Earnings
$942
Median Rent
$166,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Webb City Florist & Greenhouse — 1001 S Jefferson St, Webb City, MO 64870
Frequently Asked Questions
What type of property is this?
Storefront property - Commercial building with central heating and air conditioning in a corner setting.
Where is this storefront property located?
The property is located at 402 S Jefferson Avenue Webb City, MO.
What is the asking price?
The asking price for this property is $172,000.
What are key features of this property?
This property features: 880 square feet of commercial building area; 0.25‑acre site at a corner location; Built in 1967
