Multi-Building Flex
For Sale
Contact for pricing
7621 SE Cannon Ball Road, Holt, MO 64048
Versatile commercial property with offices, conference areas, storage buildings, and operational space across a substantial acreage tract.
Property Size9,500 SF
Lot Size4.00 Acres
Price / SF$147.37
Days on Market128
Property Features for 7621 SE Cannon Ball Road
General Information
Standard status
Active
Size
9,500 SF
Lot size
4.00 Acres
Property subtype
Business for Sale
Zoning
Com
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Amenities
conference room
kitchen
laundry
storm shelter
reception area
private offices
Building Details
Year Built
2016
Listing Agency:
Keller Williams KC North
(816) 674-1929
Listed By:
Dave Campbell · License #WP7291089
Source:
Crexi
Added: Apr 25
Changed: Aug 30
Last Checked: Aug 30 at 2:11PM
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 Keller Williams KC North
Investment Insights
Based on property information with market context.
This flex-space property combines a professional main building with several supporting structures across more than 4 acres. The interior program includes dedicated offices, conference areas, a kitchen, laundry facilities, a storm shelter, and 5 bathrooms. Additional improvements include a 40x50 machine barn, a climate-controlled office and operations building with reception, private offices, and a conference room, plus a 40x60 flex barn configured for storage or workspace. Total indoor area exceeds 9,500 sq ft and includes multiple 30-amp hookups and a conex container for added storage.
The property fronts Hwy 33 and PP, with access to I-35 described as just minutes away. Exterior features include fenced pasture, mature trees, a creek, and a mix of asphalt and concrete surfaces supporting circulation around the buildings. Com zoning is also identified for the property.
The property fronts Hwy 33 and PP, with access to I-35 described as just minutes away. Exterior features include fenced pasture, mature trees, a creek, and a mix of asphalt and concrete surfaces supporting circulation around the buildings. Com zoning is also identified for the property.
Key Highlights
- More than 4 acres with frontage on Hwy 33 and PP
- Over 9,500 sq ft of indoor space across multiple buildings
- 40x60 flex barn built for RV storage, equipment, or workspace
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
$44,870
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
3.21%
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%
$897,400
$897.4K
Cap Rate 7%
$641,000
$641.0K
Cap Rate 9%
$498,556
$498.6K
Market Conditions
NOI Build-Up for 9,500 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
$55.9K $5.88/SF
− Vacancy
−$3.1K −$0.32/SF
EGI
$52.8K $5.56/SF
− OpEx
−$7.9K −$0.83/SF
NOI
$44.9K $4.72/SF
Area
Clay County, MO
Vacancy
5.50%
Lease Rate
$5.88 /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%
$897,400
Cap Rate 7%
$641,000
Cap Rate 9%
$498,556
Alternative Uses
Best Use
Office B
$1.91M
$1.67M – $2.23M
NOI $133,739 @ 7.0% cap · market cap 9.55%
Second Best
Flex RnD
$1.84M
$1.61M – $2.15M
NOI $129,034 @ 7.0% cap · market cap 9.22%
Theoretical Best
Office A
$2.91M
$2.55M – $3.39M
NOI $203,604 @ 7.0% cap · market cap 14.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
76
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 64048, MO
4,281
Population
1,648
Households
2.6
Avg Household Size
46
Median Age
29%
College-Educated
95%
High-School Grad
45.8 sq mi
ZIP Area
93
Density / Sq Mi
$101,193
Median Household Income
$46,414
Median Earnings
$980
Median Rent
$300,400
Median Home Value
Market
Vacancy Rate% for Office 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?
Flex space - Versatile commercial property with offices, conference areas, storage buildings, and operational space across a substantial acreage tract.
Where is this flex space located?
The property is located at 7621 SE Cannon Ball Road Holt, MO.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: More than 4 acres with frontage on Hwy 33 and PP; Over 9,500 sq ft of indoor space across multiple buildings; 40x60 flex barn built for RV storage, equipment, or workspace
