Flex Warehouse with Overhead
For Sale
$499,900
6065 State Highway W, Jackson, MO 63755
Flex warehouse on 3.3 acres with finished office space, multiple overhead doors, and covered carport/storage structures.
Property Size3,800 SF
Lot Size3.30 Acres
Price / SF$131.55
Days on Market92
Property Features for 6065 State Highway W
General Information
Standard status
Active
Size
3,800 SF
Lot size
3.30 Acres
Additional Details
Outdoor Storage
Yes
Taxes and HOA fees
Annual Taxes
$576
Amenities
security system
Listing Agency:
Edge Realty
(573) 335-8111
Listed By:
Jacob Fish · License #2010013545
(573) 450-3791
Source:
Exprealty
Added: Jun 8
Changed: Aug 25
Last Checked: Sep 7 at 12:24PM
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 Edge Realty
Investment Insights
Based on property information with market context.
This versatile flex warehouse property includes a 3,800 sq ft shop building with a finished 192 sq ft office space and a bathroom. The shop is equipped with four 12x12 overhead doors for loading and access, plus an attached 16x33 covered carport that can serve as additional covered workspace or storage.
Additional space includes a rear 16x72 storage/shop area with two overhead doors, along with a 24x36x13 carport/storage structure. A security system is also included.
The property sits on 3.3 acres and is described as having convenient access to both Cape Girardeau and Jackson, supporting a range of commercial uses and potential flexibility for future site use.
Additional space includes a rear 16x72 storage/shop area with two overhead doors, along with a 24x36x13 carport/storage structure. A security system is also included.
The property sits on 3.3 acres and is described as having convenient access to both Cape Girardeau and Jackson, supporting a range of commercial uses and potential flexibility for future site use.
Key Highlights
- 3.3‑acre commercial property with a 3,800 SF shop building
- Shop includes finished 192 SF office space and a bathroom
- Four 12x12 overhead doors plus additional overhead doors in the rear 16x72 storage/shop area
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
$29,501
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
5.90%
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%
$590,020
$590.0K
Cap Rate 7%
$421,443
$421.4K
Cap Rate 9%
$327,789
$327.8K
Market Conditions
NOI Build-Up for 3,800 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
$37.8K $9.96/SF
− Vacancy
−$3.1K −$0.83/SF
EGI
$34.7K $9.13/SF
− OpEx
−$5.2K −$1.37/SF
NOI
$29.5K $7.76/SF
Area
Cape Girardeau County, MO
Vacancy
8.30%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
15.00%
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%
$590,020
Cap Rate 7%
$421,443
Cap Rate 9%
$327,789
Alternative Uses
Best Use
Warehouse
$421.4K
$368.8K – $491.7K
NOI $29,501 @ 7.0% cap · market cap 5.90%
Second Best
Industrial
$353.9K
$309.7K – $412.9K
NOI $24,772 @ 7.0% cap · market cap 4.96%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $83,918 @ 7.0% cap · market cap 16.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 63755, MO
27,496
Population
10,867
Households
2.5
Avg Household Size
39
Median Age
35%
College-Educated
95%
High-School Grad
177.1 sq mi
ZIP Area
155
Density / Sq Mi
$82,841
Median Household Income
$41,876
Median Earnings
$977
Median Rent
$233,400
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?
Flex space - Flex warehouse on 3.3 acres with finished office space, multiple overhead doors, and covered carport/storage structures.
Where is this flex space located?
The property is located at 6065 State Highway W Jackson, MO.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 3.3‑acre commercial property with a 3,800 SF shop building; Shop includes finished 192 SF office space and a bathroom; Four 12x12 overhead doors plus additional overhead doors in the rear 16x72 storage/shop area
