Auto Shop with Paint
For Sale
$699,000
599/601 E Mt Vernon Street, Nixa, MO 65714
COMMERCIAL - Nixa, MO
Property Size7,150 SF
Lot Size1.35 Acres
Price / SF$97.76
Days on Market173
Property Features for 599/601 E Mt Vernon Street
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bathroom 4, Bathroom 2, Bathroom 3
View
City
Directions
hwy 160 & Hwy 14 go East on Hwy 14 property will be on left past Main street (Vietti Collison Center LLC)
Standard status
Active
APN
100613001002010002
Lot size
1.35 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
599:BEG. 1074' E. AND 40'N. OF SWC SW1/4NE1/4, TH N. 212'E. 75', S. 212', AND W. 75' TO POB601:BEG AT SECOR SWNE, N251.7 NW169.6 TO POB, W227.1 N34.8 NE374.44 S207.52 TO POB.
Tax Annual Amount
4215
Legal Description
599:BEG. 1074' E. AND 40'N. OF SWC SW1/4NE1/4, TH N. 212'E. 75', S. 212', AND W. 75' TO POB601:BEG AT SECOR SWNE, N251.7 NW169.6 TO POB, W227.1 N34.8 NE374.44 S207.52 TO POB.
Utilities
Utilities
Water Available
Heating system
Natural Gas, Forced Air
Cooling system
Electric, Central Air
Amenities
4 overhead doors
3 phase electric
heated & cooled office
1.5 bathrooms
paint booth
Building Details
Year built
2001
Roof type
Metal
Listing Agency:
Alpha Realty MO, LLC
(417) 719-1560
Listed By:
Lex Kozlov · License #2020038400
(417) 880-2014
Added: Mar 4
Changed: Aug 18
Last Checked: Aug 24 at 2:06PM
MLS# 60316806
Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). 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 automotive property includes a 93 x 46 steel-construction building with four overhead doors, three-phase electric, and a heated and cooled office area with 1.5 bathrooms. The facility also contains a heat down-draft paint booth identified as a Spray Master unit. Additional improvements include a 38 x 56 all-concrete-block building and a 31 x 24 structure described with three bedrooms and two bathrooms.
The property encompasses 1.35 acres at 599/601 E Mt Vernon Street in Nixa, Missouri, on the east side of Highway 14. Built in 2001, the site has a metal roof, natural gas and forced-air heating, electric central air, and water available. The existing configuration supports automotive service, repair, collision, and related shop operations as described in the property information.
The property encompasses 1.35 acres at 599/601 E Mt Vernon Street in Nixa, Missouri, on the east side of Highway 14. Built in 2001, the site has a metal roof, natural gas and forced-air heating, electric central air, and water available. The existing configuration supports automotive service, repair, collision, and related shop operations as described in the property information.
Key Highlights
- 93 x 46 steel‑construction building with four overhead doors
- Three‑phase electric service and heated, cooled office with 1.5 bathrooms
- Heat down‑draft paint booth identified as a Spray Master unit
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
$53,211
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
7.61%
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%
$1,064,220
$1.1M
Cap Rate 7%
$760,157
$760.2K
Cap Rate 9%
$591,233
$591.2K
Market Conditions
NOI Build-Up for 7,150 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
$78.9K $11.04/SF
− Vacancy
−$2.9K −$0.41/SF
EGI
$76.0K $10.63/SF
− OpEx
−$22.8K −$3.19/SF
NOI
$53.2K $7.44/SF
Area
Christian County, MO
Vacancy
3.70%
Lease Rate
$11.04 /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%
$1,064,220
Cap Rate 7%
$760,157
Cap Rate 9%
$591,233
Alternative Uses
Best Use
Retail
$760.2K
$665.1K – $886.9K
NOI $53,211 @ 7.0% cap · market cap 7.61%
Second Best
Industrial
$327.6K
$286.7K – $382.2K
NOI $22,932 @ 7.0% cap · market cap 3.28%
Theoretical Best
Office A
$1.08M
$944.3K – $1.26M
NOI $75,542 @ 7.0% cap · market cap 10.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
328
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 65714, MO
35,109
Population
13,459
Households
2.6
Avg Household Size
39
Median Age
37%
College-Educated
94%
High-School Grad
51.1 sq mi
ZIP Area
687
Density / Sq Mi
$82,548
Median Household Income
$46,746
Median Earnings
$985
Median Rent
$261,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Vietti Collision Center — 601 E Mt Vernon St, Nixa, MO 65714
- E and B Automotive — 106 n main st, nixa, mo 65714
- TreadRight Mobile Tire — 1064 E Daisy Falls Dr, Nixa, MO 65714
- TreadRight Mobile Tire — n main st, nixa, mo 65714
Frequently Asked Questions
What type of property is this?
Auto shop - Industrial-style automotive facility with multiple service bays, dedicated office space, and three-phase electrical service.
Where is this auto shop located?
The property is located at 599/601 E Mt Vernon Street Nixa, MO.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 93 x 46 steel‑construction building with four overhead doors; Three‑phase electric service and heated, cooled office with 1.5 bathrooms; Heat down‑draft paint booth identified as a Spray Master unit
