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Office-Warehouse with Climate-Controlled Space
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5146 N 23rd Street, Ozark, MO 65721

The office area includes a reception space, a conference room, four private offices, and two bathrooms.

Property Size3,600 SF
Price / SF$1.00
Days on Market36

Property Features for 5146 N 23rd Street

General Information

Standard status Active
Size 3,600 SF
Total Parking Spaces 8
Property subtype Other

Additional Details

Conditioned Warehouse Yes
Property Use office/warehouse

Building Details

Year Built 2007
Listing Agency: Jones - Lassley Realty, Inc
Listed By: Shane L Nelson · License #2018000868
Source: Onefiverealestate
Added: Oct 2 Changed: Nov 5 Last Checked: Nov 5 at 1:53PM

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 Jones - Lassley Realty, Inc

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Investment Insights

Based on property information with market context.

This 3,600-square-foot flex property combines office and warehouse space. The office layout includes a reception area, a large conference room, four private offices, and two bathrooms. The warehouse is heated and cooled and has two 10-by-12-foot garage doors.

A concrete parking lot provides eight spaces. The building was constructed in 2007 and is located near CC and 65 in Ozark, Missouri.

Key Highlights

  • 3,600 square feet of office and warehouse space
  • Reception area, large conference room, and four private offices
  • Heated and cooled warehouse with two 10x12 garage doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,721
Suggested Prices Based on Cap Rates
Cap Rate 5%
$214,420 $214.4K
Cap Rate 7%
$153,157 $153.2K
Cap Rate 9%
$119,122 $119.1K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$16.8K $4.68/SF
− Vacancy
−$354 −$0.10/SF
EGI
$16.5K $4.58/SF
− OpEx
−$5.8K −$1.60/SF
NOI
$10.7K $2.98/SF
Area
Christian County, MO
Vacancy
2.10%
Lease Rate
$4.68 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$214,420
Cap Rate 7%
$153,157
Cap Rate 9%
$119,122

Alternative Uses

Best Use
Warehouse
$200.3K
$175.3K – $233.7K (±1% cap)
NOI $14,020 @ 7.0% cap · market cap 389.44%
Second Best
Industrial
$164.9K
$144.3K – $192.4K (±1% cap)
NOI $11,546 @ 7.0% cap · market cap 320.72%
Theoretical Best
Office A
$543.4K
$475.4K – $633.9K (±1% cap)
NOI $38,035 @ 7.0% cap · market cap 1,056.53%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Dental Office Nail Salon (Bike/Boat/Book/etc) Store HVAC Service Skin Care Clinic Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

410
Businesses Nearby
Balanced
Demand for This Use

Demographics for 65721, MO

32,975
Population
13,467
Households
2.4
Avg Household Size
36
Median Age
35%
College-Educated
93%
High-School Grad
95.9 sq mi
ZIP Area
344
Density / Sq Mi
$76,552
Median Household Income
$41,653
Median Earnings
$991
Median Rent
$253,700
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

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - The office area includes a reception space, a conference room, four private offices, and two bathrooms.
Where is this flex space located?
The property is located at 5146 N 23rd Street Ozark, MO.
What are key features of this property?
This property features: 3,600 square feet of office and warehouse space; Reception area, large conference room, and four private offices; Heated and cooled warehouse with two 10x12 garage doors
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