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Open-Span Commercial Building
For Sale
$849,000

500 Peachtree Drive, Carthage, MO 64836

COMMERCIAL - Carthage, MO

Property Size2,970 SF
Lot Size0.99 Acres
Price / SF$285.86
Days on Market127

Property Features for 500 Peachtree Drive

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Directions From I-49, take the Fir Rd exit. East on Fir Road to the light. South on The Loop to Peachtree Drive. Property is at the intersection of The Loop and Peachtree Drive.
Subdivision 09 - Carthage Area
Standard status Active
APN 14502100000072000
Size 2,970 SF
Lot size 0.99 Acres

Taxes and HOA fees

Tax Annual Amount 5267

Utilities

Heating system Central, Natural Gas
Cooling system Central Air

Building Details

Year built 2016
Flooring type Concrete
Listing Agency: PRO 100 Inc., REALTORS
Listed By: Jim Alyssa Hunter Team · License #2010009040
Added: Mar 28 Changed: Jun 4 Last Checked: Aug 1 at 1:06AM
MLS# 261633

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.

Built in 2016, this open-span commercial building provides approximately 2,907 square feet of flexible indoor space. The interior is finished with polished concrete flooring and exposed ductwork, creating a clean, contemporary look that can support a range of concepts. The northeast side of the building includes a structural beam intended to support future expansion, and two HVAC systems are included for climate control. Exterior finishes include partial stone accents, and the property sits on roughly a 0.95-acre lot, leaving room for additional parking and development activity.

Located in Carthage, Missouri just off I-49, the property is positioned for convenient access and visibility. The surrounding area is described as a mix of commercial and residential uses, with nearby multi-family development and a variety of businesses including dining, retail and banking, fitness centers, medical and dental offices, and other retail and service users.

With its open-span layout, modern industrial aesthetic, and practical expansion features, the building can be a fit for users looking for a versatile footprint for retail, office, medical, or restaurant-type operations. The combination of interior flexibility, existing HVAC support, and available outdoor land offers owner-users and developers a straightforward base for customizing the space to their operating needs.

Key Highlights

  • Prime location with excellent accessibility and strong visibility off I‑49.
  • Significant expansion potential on a 0.95‑acre lot, with structural beam in place.
  • Versatile 2,907 sq ft open‑span space suitable for retail, office, medical, or restaurant use.

Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $41.7k $14.04
− Vacancy −$1.7k −$0.56
EGI $40.0k $13.48
− OpEx −$12.0k −$4.04
NOI $28.0k $9.43
2,970 SF · lease $14.04/SF/yr · vacancy 4.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$400.3K
$350.3K – $467.0K (±1% cap)
NOI $28,022 @ 7.0% cap · market cap 3.30%
Second Best
Mixed Use
$380.6K
$333.0K – $444.0K (±1% cap)
NOI $26,641 @ 7.0% cap · market cap 3.14%
Theoretical Best
Office A
$896.1K
$784.1K – $1.05M (±1% cap)
NOI $62,726 @ 7.0% cap · market cap 7.39%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden Center

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

304
Businesses Nearby

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

Market

Average Price Trend$/SF for Mixed-use properties in Jasper County, MO

Feb
$12.85 Mar
$81.91 Apr
$90.7 May
$40.33 Jun
Jul

Properties on Market for Mixed-use properties in Jasper County

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - A modern open-span space with polished concrete floors, exposed ductwork, and room to expand on a larger lot.
Where is this mixed-use property located?
The property is located at 500 Peachtree Drive Carthage, MO.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Prime location with excellent accessibility and strong visibility off I‑49.; Significant expansion potential on a 0.95‑acre lot, with structural beam in place.; Versatile 2,907 sq ft open‑span space suitable for retail, office, medical, or restaurant use.
More about this property
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