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    Former Automotive Building on Corridor Title is generated by Realmo AI

    828 Commercial Street, Marshfield, MO 65706

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    For Sale
    $449,900

    COMMERCIAL - Marshfield, MO

    Lot size:
    0.37 Acres
    Added:
    Apr 27, 2026
    Days on Market:
    28
    Last Refresh:
    May 24 at 7:06 am

    Property Features for 828 Commercial Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    GB
    Bathrooms
    2
    Rooms
    Bathroom 2, Bathroom 1
    Standard status
    Active
    APN
    112010001019001030
    Lot size
    0.37 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    Lt 1 Replat Of Lt 2 Of Replat Lts 7-14 Blk 27 First Railroad Add
    Tax Annual Amount
    2874

    Utilities

    Heating system
    Forced Air, Propane (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1999
    Roof type
    Metal

    We can help!

    Listing Contact
    Sam R. Craft

    Listing agent Sam R. Craft License #2019042641

    Listing office Reece Commercial 3626 S. Campbell Ave., Springfield, MO

    Listing date Apr 27, 2026

    MLS# 60321953

    Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Equipped with automotive FF&E including three two‑post lifts, one in‑ground lift, two air compressors, exhaust ventilation, and twelve security cameras.
    • Benefit from five exterior drive‑in overhead doors: (4) 12x12, (1) 13x14, plus two additional interior doors, totaling seven drive‑in doors.
    • Forced air heating and central air cooling for shop space, office, and mezzanine.
    • Desirable corridor location.
    • Potential to acquire additional land.
    • Potential to acquire the property without the two‑post lifts.

    Overview

    This former automotive building is available on a desirable corridor. The building includes FF&E such as three two-post lifts, one in-ground lift, two air compressors, exhaust ventilation, and twelve security cameras. The property has five exterior drive-in overhead doors: four measuring 12x12 and one measuring 13x14. There are seven total drive-in overhead doors, matching the number of work bays. Every drive-in door has a concrete approach. The building features approximately 200 square feet of office space, along with a public restroom and an employee restroom. The shop space, office, and mezzanine are serviced by forced air heating and cooling. The property is zoned GB and sits on a lot of 0.37 acres. There is potential to acquire the property without the two-post lifts as well as a potential for additional land. The property is located in Marshfield, Missouri, in Webster County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Guardian Interlock Factory

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Crawford Tire Shop — 332 S Pitts St, Marshfield, MO 65706
    • Cantrell's Truck & Auto Garage — 710 Commercial St, Marshfield, MO 65706
    • Koster Tire Shop — 832 Commercial St, Marshfield, MO 65706
    • Lumley's class act service center llc — 1648 turnbo, 317 Commercial St, Marshfield, MO 65706
    • Golinski Restoration — 841B E 2nd St, Marshfield, MO 65706

    Location Insight

    • Map
    • Local Demand
    City
    Marshfield
    County
    Webster
    State
    Missouri
    Longitude
    -92.894726
    Latitude
    37.335183

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    FAQs

    What type of property is this?
    Auto shop - Former automotive building with equipment on a desirable corridor.
    Where is this auto shop located?
    The property is located at 828 Commercial Street Marshfield, MO.
    What is the asking price?
    The asking price for this property is $449,900.
    What are key features of this property?
    This property features: Equipped with automotive FF&E including **three two‑post lifts, one in‑ground lift, two air compressors, exhaust ventilation, and twelve security cameras.**; Benefit from **five exterior drive‑in overhead doors**: (4) 12x12, (1) 13x14, plus two additional interior doors, totaling seven drive‑in doors.; Forced air heating and central air cooling for shop space, office, and mezzanine.
    (417) 955-1232
    We can help!
    Listing Contact
    Sam R. Craft
    Real Estate License ID: 2019042641
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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