Retail Building with
811 E Cherry St Troy, MO
811 E Cherry St, Troy, MO, 00000
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For Sale
Contact for pricing
7,500 SF retail building with 3,600 SF warehouse.
Property Size7,500 SF
Lot Size1.50 Acres
Price / SF$126.67
Days on Market559
Property Features for 811 E Cherry St
General Information
- Standard status
- Active
- Size
- 7,500 SF
- Lot size
- 1.50 Acres
Listing agency
Thomas Realty Group, LLC
(636) 359-1047
Listed by
Tom E Palitzsch · License #471009200
(636) 359-1047
Source
Moodyscre
Added: Jan 8, 2025 Updated: Jul 6 at 8:53AM Checked: Jul 21 at 6:27AM
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 Thomas Realty Group, LLC
Investment Insights
Based on property information with market context.
The property features a 7,500-square-foot retail building, currently operating as Troy Feed & Mercantile, and a 3,600-square-foot warehouse. Additionally, there is a 600-square-foot garage on the 1.4-acre lot. Located close to State Highways 47 and 61, this property presents an investment opportunity. Note that the business inventory is sold separately.
Key Highlights
- 7,500 SF Retail Building (Troy Feed & Mercantile w/ Business)
- Situated on 1.4 AC Property
- Includes a 3,600 SF Warehouse
Local Financial Insights For Retail
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 | $105.3k | $14.04 |
| − Vacancy | −$4.2k | −$0.56 |
| EGI | $101.1k | $13.48 |
| − OpEx | −$30.3k | −$4.04 |
| NOI | $70.8k | $9.43 |
7,500 SF · lease $14.04/SF/yr · vacancy 4.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.01M
$884.5K – $1.18M
NOI $70,762 @ 7.0% cap · market cap 7.45%
Second Best
Warehouse
$527.3K
$461.4K – $615.2K
NOI $36,911 @ 7.0% cap · market cap 3.89%
Theoretical Best
Office A
$1.85M
$1.62M – $2.16M
NOI $129,835 @ 7.0% cap · market cap 13.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - 7,500 SF retail building with 3,600 SF warehouse.
Where is this retail space located?
The property is located at 811 E Cherry St Troy, MO.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 7,500 SF Retail Building (Troy Feed & Mercantile w/ Business); Situated on 1.4 AC Property; Includes a 3,600 SF Warehouse