Versatile Mixed-Use
For Sale
$995,000
499 Fountain Road, Webb City, MO 64870
Commercial Sale, Webb City, MO
Property Size9,400 SF
Lot Size6.19 Acres
Price / SF$105.85
Days on Market675
Property Features for 499 Fountain Road
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
N. Main and Fountain Road, drive west across railroad overpass to building on the right (north).
Subdivision
08 - Webb City Area
Standard status
Active
Size
9,400 SF
Lot size
6.19 Acres
Taxes and HOA fees
Tax Annual Amount
6615
Utilities
Heating system
Natural Gas, Central
Cooling system
Central Air
Building Details
Flooring type
Ceramic, Vinyl, Carpet
Roof type
Metal
Listing Agency:
KELLER WILLIAMS REALTY ELEVATE
(417) 623-9900
Listed By:
indi Real Estate, Ryan Flanagan · License #2011018352
(417) 592-0966
Added: Nov 22, 2024
Changed: Sep 13
Last Checked: Sep 28 at 12:06AM
MLS# 246111
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.
Investment Insights
Based on property information with market context.
This mixed-use property includes a 9,400-square-foot building on 6.19 acres, with a flexible interior that can support multiple functions at once. The facility accommodates up to 400 people and features carpet, ceramic, and vinyl flooring, along with central heating, natural gas, central air, and a metal roof.
Paved parking is provided on site, while the clear lot beside the building adds additional land area to the property. The address is 499 Fountain Road in Webb City, Missouri, 64870.
Paved parking is provided on site, while the clear lot beside the building adds additional land area to the property. The address is 499 Fountain Road in Webb City, Missouri, 64870.
Key Highlights
- 9,400‑square‑foot mixed‑use building on 6.19 acres
- Interior capacity for up to 400 people
- Paved parking on site
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
$84,318
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
8.47%
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%
$1,686,360
$1.7M
Cap Rate 7%
$1,204,543
$1.2M
Cap Rate 9%
$936,867
$936.9K
Market Conditions
NOI Build-Up for 9,400 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
$146.6K $15.60/SF
− Vacancy
−$11.7K −$1.25/SF
EGI
$134.9K $14.35/SF
− OpEx
−$50.6K −$5.38/SF
NOI
$84.3K $8.97/SF
Area
Jasper County, MO
Vacancy
8.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
37.50%
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%
$1,686,360
Cap Rate 7%
$1,204,543
Cap Rate 9%
$936,867
Alternative Uses
Best Use
Mixed Use
$1.20M
$1.05M – $1.41M
NOI $84,318 @ 7.0% cap · market cap 8.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.84M
$2.48M – $3.31M
NOI $198,528 @ 7.0% cap · market cap 19.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
302
Businesses Nearby
Explore this area
Business Placement
Demographics for 64870, MO
16,566
Population
6,796
Households
2.4
Avg Household Size
35
Median Age
30%
College-Educated
92%
High-School Grad
33.6 sq mi
ZIP Area
493
Density / Sq Mi
$64,619
Median Household Income
$39,267
Median Earnings
$942
Median Rent
$166,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible commercial layout with paved parking, multiple flooring finishes, and an adjoining clear lot.
Where is this mixed-use property located?
The property is located at 499 Fountain Road Webb City, MO.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 9,400‑square‑foot mixed‑use building on 6.19 acres; Interior capacity for up to 400 people; Paved parking on site
