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    Main Street Retail Storefront Title is generated by Realmo AI

    903 Main Street, Trenton, MO 64683

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    For Sale
    $184,500

    For sale retail storefront with a Main Street address, offering a straightforward setting for retail or service uses.

    Added:
    Jun 1, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 3 at 2:44 am

    Property Features for 903 Main Street

    General Information

    Standard status
    Active

    Building Details

    Year Built
    1900

    We can help!

    Listing Contact
    Melissa Purkapile

    Listing agent Melissa Purkapile License #2006008970

    Listing office T-C Smith & Associates, Inc.DBA Century 21 Smith & Associates

    Listing date Jun 1, 2026

    Source Evrealestate

    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 T-C Smith & Associates, Inc.DBA Century 21 Smith & Associates

    HighLights

    • Retail storefront at 903 Main St, Trenton, MO 64683 (Main Street address in Grundy County)
    • In‑law floorplan interior layout
    • On‑street parking available
    • Built in 1900

    Overview

    This property is a for-sale retail storefront at 903 Main Street in Trenton, Missouri. Offered under retail property classifications, it presents a simple, street-accessible building format intended for day-to-day customer-oriented business activity. The listing materials provided focus on the property’s retail nature and sale availability, making it a practical option for buyers looking for a dedicated retail-style location.

    The asset is located in Grundy County and is positioned on Main Street within Trenton, providing direct access to the town’s primary commercial corridor. A set of directions is included in the listing materials for reaching the property from E 9th St and connecting through Main St. While no additional surrounding tenants or traffic details are provided, the Main Street address supports an intent for local retail visibility.

    As a retail storefront, the property may fit a range of small business concepts that benefit from a compact, consumer-facing presence. Prospective tenants or owner-operators should confirm the building’s interior layout, utilities, and any use requirements during their due diligence, since the provided information does not specify size or improvement details. For qualified buyers, it offers a manageable retail real estate opportunity aligned with customer-facing operations.
    Location Intelligence

    Current Use by Public Records

    Kansas City Life ... Insurance Agency Ready Set Go ... Moving Company Sigrist & Associates PC Accounting Firm Main Street Trenton/Trenton ... Charitable Organization BCTGM Advocacy Group

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Trenton
    County
    Grundy
    State
    Missouri
    Longitude
    -93.617521
    Latitude
    40.075438

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    FAQs

    What type of property is this?
    Storefront property - For sale retail storefront with a Main Street address, offering a straightforward setting for retail or service uses.
    Where is this storefront property located?
    The property is located at 903 Main Street Trenton, MO.
    What is the asking price?
    The asking price for this property is $184,500.
    What are key features of this property?
    This property features: Retail storefront at 903 Main St, Trenton, MO 64683 (Main Street address in Grundy County); In‑law floorplan interior layout; On‑street parking available
    (660) 359-1101
    We can help!
    Listing Contact
    Melissa Purkapile
    Real Estate License ID: 2006008970
    Learn More
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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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