Freestanding Retail
For Sale
Contact for pricing
444 N Scott Ave, Belton, MO 64012
Freestanding commercial building with C-2 zoning, dedicated parking, and built-in food-service infrastructure.
Property Size2,656 SF
Price / SF$225.90
Days on Market528
Property Features for 444 N Scott Ave
General Information
Standard status
Active
Size
2,656 SF
Total Parking Spaces
48
Property subtype
RETAIL
Zoning
C-2
Additional Details
Traffic Count
10,000 vehicles/day
Amenities
Walk-in coolers
grease interceptor
hood
Listing Agency:
Block Real Estate Services
(816) 932-5574
Listed By:
Don Gessen, CCIM · License #1999034850
Source:
Moodyscre
Added: Mar 21, 2025
Changed: Aug 30
Last Checked: Aug 30 at 6:01AM
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 Block Real Estate Services
Investment Insights
Based on property information with market context.
This freestanding retail property offers 2,656 square feet of commercial space with C-2 zoning. Existing improvements include walk-in coolers, a grease interceptor, and a hood, providing established food-service infrastructure within the building. The property also includes 48 parking spaces for customer and staff use.
Located at 444 N Scott Ave in Belton, Missouri, the site records exposure to 10,000 cars per day. More than 50,000 people live within three miles, adding a substantial nearby population base to the property's commercial setting.
Located at 444 N Scott Ave in Belton, Missouri, the site records exposure to 10,000 cars per day. More than 50,000 people live within three miles, adding a substantial nearby population base to the property's commercial setting.
Key Highlights
- 2,656 square foot freestanding retail building
- C‑2 commercial zoning
- 48 parking spaces
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
$25,862
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
4.31%
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%
$517,240
$517.2K
Cap Rate 7%
$369,457
$369.5K
Cap Rate 9%
$287,356
$287.4K
Market Conditions
NOI Build-Up for 2,656 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
$38.2K $14.40/SF
− Vacancy
−$1.3K −$0.49/SF
EGI
$36.9K $13.91/SF
− OpEx
−$11.1K −$4.17/SF
NOI
$25.9K $9.74/SF
Area
Cass County, MO
Vacancy
3.40%
Lease Rate
$14.40 /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%
$517,240
Cap Rate 7%
$369,457
Cap Rate 9%
$287,356
Alternative Uses
Best Use
Retail
$369.5K
$323.3K – $431.0K
NOI $25,862 @ 7.0% cap · market cap 4.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$598.8K
$524.0K – $698.6K
NOI $41,918 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
10,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
470
Businesses Nearby
31k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 56%
Apparel 23%
Shops & Services 20%
Electronics 1%
SONIC Drive In
Dining
10,800 visits/mo
0.5 miles
Old Navy
Apparel
7,115 visits/mo
0.5 miles
Scooter's Coffee
Dining
6,155 visits/mo
0.5 miles
Cenex
Shops & Services
3,609 visits/mo
0.3 miles
Napa Auto Parts
Shops & Services
1,821 visits/mo
0.4 miles
Demographics for 64012, MO
28,364
Population
12,722
Households
2.2
Avg Household Size
39
Median Age
27%
College-Educated
93%
High-School Grad
47.2 sq mi
ZIP Area
601
Density / Sq Mi
$71,782
Median Household Income
$43,122
Median Earnings
$1,232
Median Rent
$200,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Freestanding commercial building with C-2 zoning, dedicated parking, and built-in food-service infrastructure.
Where is this retail space located?
The property is located at 444 N Scott Ave Belton, MO.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 2,656 square foot freestanding retail building; C‑2 commercial zoning; 48 parking spaces
