Listing Agency: Keller Williams Local a***@kw.com Show Phone

Listed By: Adam Graddy · License #2004014961 Show Phone

Source: Exprealty

Added: Sep 24, 2025 Changed: Aug 8 Last Checked: Jul 16 at 9:02PM

Report an Issue

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 Keller Williams Local

Investment Insights

Based on property information with market context.

Located in Battlefield, Missouri, the property at 5410 S Daniel St features a 15,000 SF building containing two units. The west unit includes a small office area with two offices, a break room, two bathrooms, and two shop areas. The east unit is configured as an open shop area with an equipment room, three small offices, and two bathrooms. The property is situated on over an acre and includes a large parking lot surrounding three sides of the building. It also features four 12' grade-level loading doors. The property is located right off West Bypass.

Key Highlights

• Large 15,000 SF building with 2 units.
• Over an acre lot with extra large parking lot.
• Convenient location right off West Bypass.

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

$83,363

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

6.67%

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%

$1,667,260 $1.7M

Cap Rate 7%

$1,190,900 $1.2M

Cap Rate 9%

$926,256 $926.3K

Market Conditions

NOI Build-Up for 15,000 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

$135.0K $9.00/SF

− Vacancy

−$6.8K −$0.45/SF

EGI

$128.3K $8.55/SF

− OpEx

−$44.9K −$2.99/SF

NOI

$83.4K $5.56/SF

Area

Greene County, MO

Vacancy

5.00%

Lease Rate

$9.00 /SF/Yr

Expense Ratio

35.00%

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%

$1,667,260

Cap Rate 7%

$1,190,900

Cap Rate 9%

$926,256

Alternative Uses

Best Use

Office B

$3.54M

$3.10M – $4.13M (±1% cap)

NOI $248,054 @ 7.0% cap · market cap 19.84%

Second Best

Flex RnD

$1.19M

$1.04M – $1.39M (±1% cap)

NOI $83,363 @ 7.0% cap · market cap 6.67%

Theoretical Best

Office A

$4.92M

$4.31M – $5.74M (±1% cap)

NOI $344,520 @ 7.0% cap · market cap 27.56%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile

Current Use

Flex space

Suggested Use

Top Pick Electrical Service Dental Office Storage Facility Garden Center (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

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

117

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 65619, MO

8,684

Population

4,018

Households

2.2

Avg Household Size

39

Median Age

37%

College-Educated

97%

High-School Grad

19.2 sq mi

ZIP Area

452

Density / Sq Mi

$82,222

Median Household Income

$43,283

Median Earnings

$945

Median Rent

$212,400

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Frequently Asked Questions

What type of property is this?

Flex space - 15,000 SF building with two units and ample parking.

Where is this flex space located?

The property is located at 5410 S Daniel St Battlefield, MO.

What is the asking price?

The asking price for this property is $1,250,000.

What are key features of this property?

This property features: Large 15,000 SF building with 2 units.; Over an acre lot with extra large parking lot.; Convenient location right off West Bypass.