Retail Building with
For Sale
$895,000
811 E Cherry St, Troy, MO 63379
7,500 SF retail building with 3,600 SF warehouse.
Property Size7,500 SF
Price / SF$119.33
Days on Market332
Property Features for 811 E Cherry St
General Information
Standard status
Active
Size
7,500 SF
Building Details
Year Built
1920
Listing Agency:
Thomas Realty Group LLC
Listed By:
Tom Palitzsch · License #1999055253
(636) 359-1047
Source:
Nations-network
Added: Nov 24, 2025
Changed: Oct 14
Last Checked: Oct 7 at 1:16PM
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
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,762
Cap Rate
7.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,415,240
$1.4M
Cap Rate 7%
$1,010,886
$1.0M
Cap Rate 9%
$786,244
$786.2K
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$105.3K $14.04/SF
− Vacancy
−$4.2K −$0.56/SF
EGI
$101.1K $13.48/SF
− OpEx
−$30.3K −$4.04/SF
NOI
$70.8K $9.43/SF
Area
Lincoln County, MO
Vacancy
4.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,415,240
Cap Rate 7%
$1,010,886
Cap Rate 9%
$786,244
Alternative Uses
Best Use
Retail
$1.01M
$884.5K – $1.18M
NOI $70,762 @ 7.0% cap · market cap 7.91%
Second Best
Warehouse
$527.3K
$461.4K – $615.2K
NOI $36,911 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$1.85M
$1.62M – $2.16M
NOI $129,835 @ 7.0% cap · market cap 14.51%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
982
Businesses Nearby
Explore this area
Business Placement
Demographics for 63379, MO
26,583
Population
10,464
Households
2.5
Avg Household Size
38
Median Age
21%
College-Educated
94%
High-School Grad
135.9 sq mi
ZIP Area
196
Density / Sq Mi
$86,844
Median Household Income
$47,088
Median Earnings
$976
Median Rent
$238,500
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
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 $895,000.
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
