Flex Space with Three Highway Access
405 W Clouse Street, Mountain Grove, MO 65711
For Sale
$272,000
The renovated building includes showroom, garage, and storage areas, plus a separate outbuilding and covered lean-to.
Property Size2,620 SF
Lot Size0.57 Acres
Price / SF$103.82
Days on Market516
Property Features for 405 W Clouse Street
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Highway Access
Road Access
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
37 North Realty - Mountain Grove
(417) 926-5445
Listed By:
Brandon Moore
(417) 924-3208
Source:
Cappyharrisrealtors
Added: Jun 9, 2025
Changed: Nov 6
Last Checked: Nov 6 at 2:42PM
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 37 North Realty - Mountain Grove
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.
This 2,620-square-foot flex property occupies approximately 0.57 acres and has been renovated. The building is arranged with a front showroom, a side garage with storage and a restroom, and rear storage with a second restroom and shower. A separate storage building with a concrete floor and a covered lean-to provide additional on-site space. The property is zoned C-1 and has open lot area, with three access points from South Highway 95 in Mountain Grove, Missouri.
The configuration and zoning support a range of commercial operations, including retail, service businesses, HVAC, plumbing, hardware, and health food or grocery uses.
The configuration and zoning support a range of commercial operations, including retail, service businesses, HVAC, plumbing, hardware, and health food or grocery uses.
Key Highlights
- 2,620‑square‑foot building on approximately 0.57 acres
- Three access points from South Highway 95
- C‑1 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,719
Cap Rate
9.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$494,380
$494.4K
Cap Rate 7%
$353,129
$353.1K
Cap Rate 9%
$274,656
$274.7K
Market Conditions
NOI Build-Up for 2,620 SF
Gross rent
$36.8K $14.04/SF
− Vacancy
−$1.5K −$0.56/SF
EGI
$35.3K $13.48/SF
− OpEx
−$10.6K −$4.04/SF
NOI
$24.7K $9.43/SF
Area
Wright 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 Rate 5%
$494,380
Cap Rate 7%
$353,129
Cap Rate 9%
$274,656
Alternative Uses
Best Use
Industrial
$571.0K
$499.7K – $666.2K
NOI $39,973 @ 7.0% cap · market cap 14.70%
Second Best
Retail
$353.1K
$309.0K – $412.0K
NOI $24,719 @ 7.0% cap · market cap 9.09%
Theoretical Best
Office A
$739.3K
$646.9K – $862.5K
NOI $51,750 @ 7.0% cap · market cap 19.03%
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
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
111
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 65711, MO
9,278
Population
4,130
Households
2.2
Avg Household Size
44
Median Age
16%
College-Educated
84%
High-School Grad
293.4 sq mi
ZIP Area
32
Density / Sq Mi
$51,154
Median Household Income
$33,927
Median Earnings
$686
Median Rent
$120,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - The renovated building includes showroom, garage, and storage areas, plus a separate outbuilding and covered lean-to.
Where is this flex space located?
The property is located at 405 W Clouse Street Mountain Grove, MO.
What is the asking price?
The asking price for this property is $272,000.
What are key features of this property?
This property features: 2,620‑square‑foot building on approximately 0.57 acres; Three access points from South Highway 95; C‑1 zoning
