Office Unit with Covered
4321 S 51st Road, Bolivar, MO 65613
For Sale
$139,900
Commercial Sale, Bolivar, MO
Property Size720 SF
Lot Size0.94 Acres
Price / SF$194.31
Days on Market104
Property Features for 4321 S 51st Road
General Information
Property type
Property subtype
Bathrooms
Full bathrooms
Rooms
Fencing
Lot features
Directions
Standard status
APN
Lot size
Additional Details
Property Use
Condition
Taxes and HOA fees
Tax Year
Utilities
Utilities
Heating system
Cooling system
Amenities
fireplace
mini-split system
wraparound covered porch
private well and septic
Building Details
Year built
Roof type
Buildings
Listing Agency:
Stellar Real Estate Co.
(417) 777-7740
Listed By:
Kyle Seaney
(417) 599-4599
Added: Jul 30
Changed: Oct 31
Last Checked: Nov 10 at 8:06PM
MLS# 60330066
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.
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Investment Insights
Based on property information with market context.
Built in 2015, this 720-square-foot metal office building provides a practical commercial layout on 0.94 acres. The interior includes a reception and waiting area with high ceilings and a fireplace, plus a private office, bathroom, utility room, and loft above the rear office. A mini-split system supports heating and cooling, while the metal roof and electrical service contribute to the building’s functional setup.
The property fronts Highway 32 between Bolivar and Fair Play, with a graveled parking area and a wraparound covered porch. Private well and septic serve the site. The configuration includes office and customer-facing areas suitable for retail, service, or other commercial operations supported by the existing improvements.
The property fronts Highway 32 between Bolivar and Fair Play, with a graveled parking area and a wraparound covered porch. Private well and septic serve the site. The configuration includes office and customer-facing areas suitable for retail, service, or other commercial operations supported by the existing improvements.
Key Highlights
- 720‑square‑foot metal building constructed in 2015
- 0.94‑acre site with Highway 32 frontage between Bolivar and Fair Play
- Reception and waiting area with soaring ceilings and fireplace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,705
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$114,100
$114.1K
Cap Rate 7%
$81,500
$81.5K
Cap Rate 9%
$63,389
$63.4K
Market Conditions
NOI Build-Up for 720 SF
Gross rent
$7.9K $11.04/SF
− Vacancy
−$342 −$0.47/SF
EGI
$7.6K $10.57/SF
− OpEx
−$1.9K −$2.64/SF
NOI
$5.7K $7.92/SF
Area
Polk County, MO
Vacancy
4.30%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$114,100
Cap Rate 7%
$81,500
Cap Rate 9%
$63,389
Alternative Uses
Best Use
Office B
$81.5K
$71.3K – $95.1K
NOI $5,705 @ 7.0% cap · market cap 4.08%
Second Best
Retail
$76.5K
$67.0K – $89.3K
NOI $5,358 @ 7.0% cap · market cap 3.83%
Theoretical Best
Office A
$108.7K
$95.1K – $126.8K
NOI $7,607 @ 7.0% cap · market cap 5.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Explore this area
Business Placement
Demographics for 65613, MO
17,890
Population
7,327
Households
2.4
Avg Household Size
37
Median Age
26%
College-Educated
90%
High-School Grad
184.9 sq mi
ZIP Area
97
Density / Sq Mi
$56,919
Median Household Income
$31,765
Median Earnings
$828
Median Rent
$197,200
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Metal commercial building with reception space, private office, loft storage, and dedicated utility areas.
Where is this office unit located?
The property is located at 4321 S 51st Road Bolivar, MO.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: 720‑square‑foot metal building constructed in 2015; 0.94‑acre site with Highway 32 frontage between Bolivar and Fair Play; Reception and waiting area with soaring ceilings and fireplace
