Flex Space with Attached
For Sale
$549,000
4204 County Lane 118, Carthage, MO 64836
Office, shop, and auxiliary building improvements accommodate varied commercial operations on a substantial acreage tract.
Property Size5,208 SF
Lot Size12.50 Acres
Price / SF$105.41
Days on Market111
Property Features for 4204 County Lane 118
General Information
Standard status
Active
Size
5,208 SF
Lot size
12.50 Acres
Property subtype
Commercial
Warehouse & Industrial
Clear Height
17 ft
Power
400 amps
Amenities
conference room
break area
shower
Building Details
Year Built
1994
Buildings
2
Listing Agency:
Southtown Real Estate
Listed By:
Spencer Aggus · License #MO 2001027656
(417) 391-8486
Source:
Trilakeshomesearch
Added: Jul 19
Changed: Nov 1
Last Checked: Nov 4 at 2:11PM
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 Southtown Real Estate
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 5,208-square-foot flex property combines office functionality with industrial shop space on approximately 12.5 acres. Built in 1994, the main building includes private offices, conference areas, restrooms with a shower, and a kitchenette with break space. Electrical capacity includes 400-amp service.
An attached 40-by-40-foot shop adds three 14-foot overhead doors, 17-plus-foot ceilings, and 220V power. A separate 24-by-44-foot building with electric provides additional enclosed space. The property is located near Center Creek and brings together professional workspace, shop improvements, and additional building area within one commercial holding.
An attached 40-by-40-foot shop adds three 14-foot overhead doors, 17-plus-foot ceilings, and 220V power. A separate 24-by-44-foot building with electric provides additional enclosed space. The property is located near Center Creek and brings together professional workspace, shop improvements, and additional building area within one commercial holding.
Key Highlights
- Approximately 12.5 acres near Center Creek
- 5,208‑square‑foot flex property built in 1994
- Main building includes private offices, conference areas, restrooms with shower, and kitchenette
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,631
Cap Rate
4.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$512,620
$512.6K
Cap Rate 7%
$366,157
$366.2K
Cap Rate 9%
$284,789
$284.8K
Market Conditions
NOI Build-Up for 5,208 SF
Gross rent
$31.2K $6.00/SF
− Vacancy
−$1.1K −$0.21/SF
EGI
$30.2K $5.79/SF
− OpEx
−$4.5K −$0.87/SF
NOI
$25.6K $4.92/SF
Area
Jasper County, MO
Vacancy
3.50%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$512,620
Cap Rate 7%
$366,157
Cap Rate 9%
$284,789
Alternative Uses
Best Use
Warehouse
$366.2K
$320.4K – $427.2K
NOI $25,631 @ 7.0% cap · market cap 4.67%
Second Best
Industrial
$301.5K
$263.9K – $351.8K
NOI $21,108 @ 7.0% cap · market cap 3.84%
Theoretical Best
Office A
$1.57M
$1.37M – $1.83M
NOI $109,993 @ 7.0% cap · market cap 20.04%
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
17 ft
Clear height
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 64836, MO
25,334
Population
10,241
Households
2.5
Avg Household Size
37
Median Age
24%
College-Educated
82%
High-School Grad
184.1 sq mi
ZIP Area
138
Density / Sq Mi
$58,775
Median Household Income
$35,311
Median Earnings
$883
Median Rent
$157,700
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 - Office, shop, and auxiliary building improvements accommodate varied commercial operations on a substantial acreage tract.
Where is this flex space located?
The property is located at 4204 County Lane 118 Carthage, MO.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Approximately 12.5 acres near Center Creek; 5,208‑square‑foot flex property built in 1994; Main building includes private offices, conference areas, restrooms with shower, and kitchenette
