Flex Space with Monument
For Sale
Contact for pricing
500 N Scott Ave, Belton, MO 64012
Flex retail property is 100% leased with dedicated rear lot vehicle or equipment storage.
Property Size4,800 SF
Lot Size0.46 Acres
Price / SF$144.79
Days on Market431
Property Features for 500 N Scott Ave
General Information
Standard status
Active
Size
4,800 SF
Total Parking Spaces
17
Lot size
0.46 Acres
Property subtype
RETAIL
Occupancy
100%
Additional Details
Cap Rate
6%
Outdoor Storage
Yes
Amenities
monument signage
rear lot vehicle or equipment storage
Listing Agency:
Haith and Company, Inc.
(913) 888-3456
Listed By:
Carolyn Dino
(571) 243-2100
Source:
Moodyscre
Added: Jul 10, 2025
Changed: Aug 8
Last Checked: Sep 13 at 11:40AM
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 Haith and Company, Inc.
Investment Insights
Based on property information with market context.
This flex space retail property is offered as a 100% leased investment, combining sales and functional back-of-house storage. The property includes 4,800 SF of total space and a 3,100 SF rear lot vehicle or equipment storage area for tenants’ operational needs.
Set on 0.462 acres with 17 parking spaces, the site supports straightforward customer and employee access. Monument signage is also included, providing a visible presence for the business.
With a 6% cap rate noted for the property, the configuration is designed to support ongoing occupancy while accommodating equipment storage on site.
Set on 0.462 acres with 17 parking spaces, the site supports straightforward customer and employee access. Monument signage is also included, providing a visible presence for the business.
With a 6% cap rate noted for the property, the configuration is designed to support ongoing occupancy while accommodating equipment storage on site.
Key Highlights
- 4,800 SF flex space property with 100% leased retail/flex setup
- 3,100 SF rear lot vehicle or equipment storage area
- 0.462 acres total site area
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
$46,739
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
6.73%
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%
$934,780
$934.8K
Cap Rate 7%
$667,700
$667.7K
Cap Rate 9%
$519,322
$519.3K
Market Conditions
NOI Build-Up for 4,800 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
$69.1K $14.40/SF
− Vacancy
−$2.4K −$0.49/SF
EGI
$66.8K $13.91/SF
− OpEx
−$20.0K −$4.17/SF
NOI
$46.7K $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%
$934,780
Cap Rate 7%
$667,700
Cap Rate 9%
$519,322
Alternative Uses
Best Use
Retail
$667.7K
$584.2K – $779.0K
NOI $46,739 @ 7.0% cap · market cap 6.73%
Second Best
Industrial
$405.6K
$354.9K – $473.3K
NOI $28,395 @ 7.0% cap · market cap 4.09%
Theoretical Best
Office A
$1.08M
$947.0K – $1.26M
NOI $75,756 @ 7.0% cap · market cap 10.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
385
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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
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Frequently Asked Questions
What type of property is this?
Flex space - Flex retail property is 100% leased with dedicated rear lot vehicle or equipment storage.
Where is this flex space located?
The property is located at 500 N Scott Ave Belton, MO.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 4,800 SF flex space property with 100% leased retail/flex setup; 3,100 SF rear lot vehicle or equipment storage area; 0.462 acres total site area
