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    Battlefield Shop with Fenced Yard Title is generated by Realmo AI

    6088 W Farm Road 164, Battlefield, MO 65619

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    Claim this Listing
    For Sale
    $1,500,000

    COMMERCIAL - Battlefield, MO

    Property size:
    5,000 SF
    Lot size:
    5.00 Acres
    Price / SF:
    $300/SF
    Added:
    Oct 29, 2025
    Days on Market:
    201
    Last Refresh:
    May 17 at 9:06 am

    Property Features for 6088 W Farm Road 164

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    M-1
    Bathrooms
    4
    Rooms
    Bathroom 4, Bathroom 3, Bathroom 1, Bathroom 2
    Standard status
    Active
    APN
    1711100023
    Size
    5,000 SF
    Lot size
    5.00 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    5A M/L BEG 21.72 FT S NW COR E1/2 NE1/4 11/28/23 TO S R/W HW Y 164 FT E 450 FTS 484 FT W 450 FT N TO BEG 11/28/23
    Tax Annual Amount
    10400

    Building Details

    Year built
    2007

    We can help!

    Listing Contact
    Mark Patrick
    Mark Patrick

    Listing agent Mark Patrick License #1999127595

    Listing office Reece Commercial 3626 S. Campbell Ave., Springfield, MO

    Listing date Oct 29, 2025

    MLS# 60308664

    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.

    HighLights

    • 1.5‑acre fenced and secure property with office and shop space.
    • 5,000sf heated shop with large sliding doors.
    • 5,000sf office warehouse building with multiple offices, reception area, break room with full kitchen, and executive office with bathroom and shower.
    • Easy access to James River Freeway at Hwy 60 and Sunshine St.
    • Highway 60 visibility in the Republic area.
    • Built in 2007.

    Overview

    This commercial property features a shop, office space, and a secure, fenced 5-acre lot. It offers convenient access to James River Freeway at Hwy 60 and Sunshine Street, situated in the Republic area with visibility from Hwy 60. The office warehouse building spans 5,000 square feet and includes multiple offices, a large reception area, a break room equipped with a full kitchen, and a large executive office with an attached bathroom and shower. The shop also measures 5,000 square feet and is heated, featuring large sliding doors. The 2024 property taxes are $10,400. The property is serviced by propane gas and a septic system. The zoning is M-1.

    Financial Insights

    Value Estimation Calculated for Office B

    Conservative
    $918.7K
    NOI $82,685 @ 9.00% cap · cautious / downside scenario
    Moderate
    $1.18M
    NOI $82,685 @ 7.00% cap · market / base-case scenario
    Aggressive
    $1.65M
    NOI $82,685 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    NOI Build-Up
    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.
         Calculated for Office B

    Component $ $/SF
    Gross rent $115.2k $23.04
    − Vacancy −$5.0k −$0.99
    EGI $110.2k $22.05
    − OpEx −$27.6k −$5.51
    NOI $82.7k $16.54
    5,000 SF · lease $23.04/SF/yr · vacancy 4.30% · expense 25.00%

    Alternative Use Scenarios

    Best Use
    Office B
    $1.18M
    $1.03M – $1.38M (±1% cap)
    NOI $82,685 @ 7.0% cap · market cap 5.51%
    Second Best
    Flex RnD
    $397.0K
    $347.4K – $463.1K (±1% cap)
    NOI $27,788 @ 7.0% cap · market cap 1.85%
    Theoretical Best
    Office A
    $1.64M
    $1.44M – $1.91M (±1% cap)
    NOI $114,840 @ 7.0% cap · market cap 7.66%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Gym & Fitness Center Pharmacy Auto Parts Store Department Store Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Battlefield
    County
    Greene
    State
    Missouri
    Longitude
    -93.4094982
    Latitude
    37.1537143

    Nearby Similar for Sale

    • $1,250,000

      Battlefield Commercial Building with Units

      15,000 SF building with two units on 1.02 acres.
      5410 S Daniel Street, Battlefield, MO 65619
      View Details
    • $1,250,000
      15,000 SF

      Battlefield Flex Space with Parking

      15,000 SF building with two units and ample parking.
      5410 S Daniel St, BATTLEFIELD, MO, 65619-9758
      View Details

    FAQs

    What type of property is this?
    Flex space - Shop and office space with fenced, secure 5-acre lot.
    Where is this flex space located?
    The property is located at 6088 W Farm Road 164 Battlefield, MO.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 1.5‑acre fenced and secure property with office and shop space.; 5,000sf heated shop with large sliding doors.; 5,000sf office warehouse building with multiple offices, reception area, break room with full kitchen, and executive office with bathroom and shower.
    (417) 888-6612
    We can help!
    Listing Contact
    Mark Patrick
    Mark Patrick
    Real Estate License ID: 1999127595
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    6088 W Farm Road 164, Battlefield, MO 65619
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