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Flex Property with Attached Shop

4204 County Lane 118, Carthage, MO 64836

For Sale
$549,000

Commercial Sale, Carthage, MO

Property Size5,208 SF
Lot Size12.53 Acres
Price / SF$105.41
Days on Market65

Property Features for 4204 County Lane 118

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 3
Full bathrooms 3
Rooms Basement, Bathroom 3, Bathroom 1, Bathroom 2
Basement Finished
Directions I49 to Cedar, East to Cty Rd 122, North to Dogwood, East to County Lane 118, Property on north side
Subdivision 09 - Carthage Area
Standard status Active
APN 147025000000100000
Size 5,208 SF
Lot size 12.53 Acres

Additional Details

Property Use Office and Shop

Taxes and HOA fees

Tax Annual Amount 3146

Utilities

Heating system Electric (Heating), Propane (Heating)
Cooling system Central Air

Amenities

Private Offices
Conference Room Spaces
Restrooms (including shower)
Kitchenette + Break Area

Building Details

Year built 1994
Flooring type Concrete
Roof type Shingle
Listing Agency: Southtown Real Estate
Listed By: Spencer Aggus · License MO #2001027656
Added: Sep 9 Changed: Oct 31 Last Checked: Nov 12 at 7:06PM
MLS# 265086

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.

Rey
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Investment Insights

Based on property information with market context.

This 5,208-square-foot flex property, built in 1994, combines professional office areas with substantial workshop capacity. The primary building includes private offices, conference rooms, restrooms with a shower, and a kitchenette with break space. Concrete flooring, central air, and propane and electric heating serve the facility.

An attached 40x40 shop provides three 14-foot overhead doors, 17+ foot ceiling height, 220V power, and 400-amp electrical service. A separate 24x44 building with electric adds additional enclosed workspace or storage. The property encompasses 12.53 acres near Center Creek in Carthage, Missouri.

Key Highlights

  • 12.53‑acre flex property near Center Creek in Carthage, MO
  • 5,208 SF main building built in 1994
  • 40x40 attached shop with (3) 14ft overhead doors

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 (±1% cap)
NOI $25,631 @ 7.0% cap · market cap 4.67%
Second Best
Industrial
$301.5K
$263.9K – $351.8K (±1% cap)
NOI $21,108 @ 7.0% cap · market cap 3.84%
Theoretical Best
Office A
$1.57M
$1.37M – $1.83M (±1% cap)
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

Flex space

Suggested Use

Top Pick Furniture & Home Goods Wine and Liquor Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

17 ft
Clear height

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby
Well-served
Demand for This Use

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

Average Price Trend$/SF for Flex space in Jasper County, MO

$96.67 Jul
$109 Aug
$81.87 Sep
$74.1 Oct

Properties on Market for Flex space in Jasper County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Office, workshop, and auxiliary building areas support 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: 12.53‑acre flex property near Center Creek in Carthage, MO; 5,208 SF main building built in 1994; 40x40 attached shop with (3) 14ft overhead doors
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