Commercial Land with Existing
For Sale
$514,900
7 Oak Hall Road, Jonesburg, MO 63351
Land, Jonesburg, MO
Property Size1,500 SF
Lot Size2.67 Acres
Price / SF$343.27
Days on Market68
Property Features for 7 Oak Hall Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Lot features
Adjoins Government Land, City Lot, Level
Elementary school
Jonesburg Elem.
Middle school
Montgomery Co. Middle
High school
Montgomery Co. High
Elementary school district
Montgomery Co. R-II
Middle school district
Montgomery Co. R-II
High school district
Montgomery Co. R-II
Directions
GPS Friendly
Subdivision
379 - Montgomery County
Standard status
Active
APN
15-1.0-01-000-000-018.000
Lot size
2.67 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
1 47 4 Pt E1/2 Se, Jonesburg Annex 2013
Tax Annual Amount
1112
Legal Description
1 47 4 Pt E1/2 Se, Jonesburg Annex 2013
Listing Agency:
Elite Real Estate Advisors
(636) 377-0390
Listed By:
Rachel Bergsieker · License #2015014921
(636) 333-7036 x0
Added: Jul 9
Changed: Aug 28
Last Checked: Sep 14 at 5:06AM
MLS# 26017190
Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial land property comprises 2.67+/- acres and includes a 30x50 building that is currently rented. The structure was previously used as a convenience station, providing an existing improvement on the site alongside commercial zoning.
The property is located at 7 Oak Hall Road in Jonesburg, Missouri, with highway access, road frontage, and visibility from the highway. A billboard is also visible from the highway. The combination of an existing rental building, commercial zoning, and highway-oriented exposure supports consideration for continued operation or future commercial redevelopment.
The property is located at 7 Oak Hall Road in Jonesburg, Missouri, with highway access, road frontage, and visibility from the highway. A billboard is also visible from the highway. The combination of an existing rental building, commercial zoning, and highway-oriented exposure supports consideration for continued operation or future commercial redevelopment.
Key Highlights
- 2.67+/- acres of commercial land
- 30x50 building currently rented
- Commercial zoning
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
$37,764
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
7.33%
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%
$755,280
$755.3K
Cap Rate 7%
$539,486
$539.5K
Cap Rate 9%
$419,600
$419.6K
Market Conditions
NOI Build-Up for 1,500 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
$52.6K $35.04/SF
− Vacancy
−$2.2K −$1.47/SF
EGI
$50.4K $33.57/SF
− OpEx
−$12.6K −$8.39/SF
NOI
$37.8K $25.18/SF
Area
Montgomery County, MO
Vacancy
4.20%
Lease Rate
$35.04 /SF/Yr
Expense Ratio
25.00%
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%
$755,280
Cap Rate 7%
$539,486
Cap Rate 9%
$419,600
Alternative Uses
Best Use
Specialty Retail
$539.5K
$472.1K – $629.4K
NOI $37,764 @ 7.0% cap · market cap 7.33%
Second Best
Industrial
$89.4K
$78.2K – $104.3K
NOI $6,256 @ 7.0% cap · market cap 1.21%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
73
Businesses Nearby
12k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Phillips 66
Shops & Services
8,146 visits/mo
0.3 miles
Dollar General
Shops & Services
4,151 visits/mo
0.5 miles
Demographics for 63351, MO
1,766
Population
656
Households
2.7
Avg Household Size
48
Median Age
12%
College-Educated
85%
High-School Grad
55.5 sq mi
ZIP Area
32
Density / Sq Mi
$66,528
Median Household Income
$39,671
Median Earnings
$911
Median Rent
$207,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Commercially zoned acreage offers highway access, road frontage, and a rented building with prior convenience-station use.
Where is this commercial land located?
The property is located at 7 Oak Hall Road Jonesburg, MO.
What is the asking price?
The asking price for this property is $514,900.
What are key features of this property?
This property features: 2.67+/- acres of commercial land; 30x50 building currently rented; Commercial zoning
