Multi-Tenant Mixed-Use
For Sale
$4,500,000
6007 21st St 5995, Ozark, MO 65721
Office, retail, and warehouse areas are combined in a single commercial building along Highway 65.
Property Size32,125 SF
Lot Size6.02 Acres
Price / SF$140.08
Days on Market29
Property Features for 6007 21st St 5995
General Information
Standard status
Active
Size
32,125 SF
Total Parking Spaces
82
Lot size
6.02 Acres
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Warehouse Space
12,820 SF
Office Build-Out
19,805 SF
Additional Details
Asking Price
$4,500,000
Building Details
Year Built
2004
Buildings
1
Building Size
32,125 SF
Tenancy
Multi
Listing Agency:
Estes Stancer Commercial Group
Listed By:
Kyle E Estes · License #2004031075
(417) 725-5900
Source:
Trilakeshomesearch
Added: Sep 3
Changed: Sep 28
Last Checked: Sep 30 at 12:26PM
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.
Built in 2004, the property contains 32,125 square feet across office and retail areas totaling 19,805 square feet and 12,820 square feet of warehouse and distribution space. Its current multi-tenant configuration brings together these distinct commercial components on a 6.02-acre site, with 82 striped parking spaces and room for additional parking.
The property fronts Highway 65 in Ozark, Missouri, and has site access. The office, retail, and warehouse mix provides a range of commercial space within one property.
The property fronts Highway 65 in Ozark, Missouri, and has site access. The office, retail, and warehouse mix provides a range of commercial space within one property.
Key Highlights
- 32,125 SF building on approximately 6.02 acres
- 19,805 SF of office/retail space and 12,820 SF of warehouse/distribution space
- 82 striped parking spaces, with room for more
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
Tenancy
Yes
Highway access
Yes
Paved road 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 - Office, retail, and warehouse areas are combined in a single commercial building along Highway 65.
Where is this mixed-use property located?
The property is located at 6007 21st St 5995 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 building on approximately 6.02 acres; 19,805 SF of office/retail space and 12,820 SF of warehouse/distribution space; 82 striped parking spaces, with room for more
