Versatile Commercial
633 Prairie Flower Rd Webb City, MO 64870
633 Prairie Flower Rd, Webb City, MO, 64870
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For Sale
Contact for pricing
Versatile building off Hwy 171 near Joplin Airport, currently configured for office or retail use.
Property Size1,852 SF
Lot Size5.68 Acres
Price / SF$188.98
Days on Market104
Property Features for 633 Prairie Flower Rd
General Information
- Standard status
- Active
- Size
- 1,852 SF
- Lot size
- 5.68 Acres
- Property subtype
- Retail, Office, Industrial
Listing agency
Pro 100 Inc, Realtors
(417) 850-5355
Listed by
James Hunter, IV · License #MO 201110009040
Source
Crexi
Added: Apr 10 Updated: Jul 22 at 8:16AM Checked: Jul 22 at 8:16AM
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 Pro 100 Inc, Realtors
Investment Insights
Based on property information with market context.
This for-sale commercial property includes a building converted from a residential home and currently suited for office or retail use, with potential to be converted back to residential. The sale also includes the adjoining property, which is being offered as part of the transaction.
The combined site totals 5.68 acres, and the properties are served by city water, electric, and natural gas. Both properties use septic systems. Public remarks indicate the property is on a heavily traveled road just off of Hwy 171 near the Joplin Airport, and there is an existing tenant who would consider staying if the new owner wants investment income.
With a residential-to-commercial conversion history and the option to pursue additional development into residential lots (as noted in public remarks), this offering may appeal to buyers seeking flexibility in how the space and land are used.
The combined site totals 5.68 acres, and the properties are served by city water, electric, and natural gas. Both properties use septic systems. Public remarks indicate the property is on a heavily traveled road just off of Hwy 171 near the Joplin Airport, and there is an existing tenant who would consider staying if the new owner wants investment income.
With a residential-to-commercial conversion history and the option to pursue additional development into residential lots (as noted in public remarks), this offering may appeal to buyers seeking flexibility in how the space and land are used.
Key Highlights
- Commercial building with 1,876 SF on 4.32 acres just off Hwy 171 near Joplin Airport
- Versatile space currently suitable for office or retail, with potential other uses
- Converted from a residential home and could be converted back to residential
Local Financial Insights For Office B
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.7k | $21.96 |
| − Vacancy | −$8.1k | −$4.39 |
| EGI | $32.5k | $17.57 |
| − OpEx | −$8.1k | −$4.39 |
| NOI | $24.4k | $13.18 |
1,852 SF · lease $21.96/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$348.6K
$305.0K – $406.7K
NOI $24,402 @ 7.0% cap · market cap 6.97%
Second Best
Retail
$249.6K
$218.4K – $291.2K
NOI $17,473 @ 7.0% cap · market cap 4.99%
Theoretical Best
Office A
$558.8K
$488.9K – $651.9K
NOI $39,114 @ 7.0% cap · market cap 11.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Office units - Versatile building off Hwy 171 near Joplin Airport, currently configured for office or retail use.
Where is this office units located?
The property is located at 633 Prairie Flower Rd Webb City, MO.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Commercial building with 1,876 SF on 4.32 acres just off Hwy 171 near Joplin Airport; Versatile space currently suitable for office or retail, with potential other uses; Converted from a residential home and could be converted back to residential
