Multi-Tenant Mixed-Use
For Sale
Contact for pricing
5995-6007 N 21st St, Ozark, MO 65721
Flexible commercial building combining office, retail, showroom, warehouse, and distribution space in a multi-tenant configuration.
Property Size32,125 SF
Price / SF$140.08
Days on Market8
Property Features for 5995-6007 N 21st St
General Information
Standard status
Active
Size
32,125 SF
Property subtype
Mixed Use
Additional Details
Highway Access
Yes
Warehouse Space
12,820 SF
Building Details
Buildings
1
Building Size
32,125 SF
Tenancy
Multi-Tenant
Listing Agency:
Estes Stancer Commercial Group
Listed By:
Kyle Estes · License #MO 2004031075
(417) 725-5900
Source:
Crexi
Added: Sep 15
Changed: Sep 18
Last Checked: Sep 21 at 7:02AM
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 Estes Stancer Commercial Group
Investment Insights
Based on property information with market context.
This multi-tenant mixed-use commercial property combines office, retail, showroom, warehouse, and distribution functions within one building. The improvements contain 32,125 square feet, including approximately 19,805 square feet of office and retail area and 12,820 square feet dedicated to warehouse and distribution use.
Located at 5995-6007 N 21st St in Ozark, Missouri, the property fronts the Highway 65 corridor. Its varied commercial layout supports multiple occupancy types within a single asset and provides a substantial combination of customer-facing and operational space.
Located at 5995-6007 N 21st St in Ozark, Missouri, the property fronts the Highway 65 corridor. Its varied commercial layout supports multiple occupancy types within a single asset and provides a substantial combination of customer-facing and operational space.
Key Highlights
- 32,125 SF commercial building
- Approximately 19,805 SF of office and retail space
- 12,820 SF of warehouse and distribution space
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
$240,335
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
5.34%
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%
$4,806,700
$4.8M
Cap Rate 7%
$3,433,357
$3.4M
Cap Rate 9%
$2,670,389
$2.7M
Market Conditions
NOI Build-Up for 32,125 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
$404.8K $12.60/SF
− Vacancy
−$20.2K −$0.63/SF
EGI
$384.5K $11.97/SF
− OpEx
−$144.2K −$4.49/SF
NOI
$240.3K $7.48/SF
Area
Christian County, MO
Vacancy
5.00%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
37.50%
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%
$4,806,700
Cap Rate 7%
$3,433,357
Cap Rate 9%
$2,670,389
Alternative Uses
Best Use
Mixed Use
$3.43M
$3.00M – $4.01M
NOI $240,335 @ 7.0% cap · market cap 5.34%
Second Best
Retail
$3.42M
$2.99M – $3.98M
NOI $239,076 @ 7.0% cap · market cap 5.31%
Theoretical Best
Office A
$4.85M
$4.24M – $5.66M
NOI $339,410 @ 7.0% cap · market cap 7.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-Tenant-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
308
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible commercial building combining office, retail, showroom, warehouse, and distribution space in a multi-tenant configuration.
Where is this mixed-use property located?
The property is located at 5995-6007 N 21st St Ozark, MO.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 32,125 SF commercial building; Approximately 19,805 SF of office and retail space; 12,820 SF of warehouse and distribution space
