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    3924 Jr Prewitt Pkwy Osage Beach, MO 65065
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    Property profile & analytics

    3924 Jr Prewitt Pkwy Osage Beach, MO 65065

    View on Map
    • Strip malls
    • 33,990 SF
    • 3.60 lot acres
    For Lease
    $600,000
    View Listing →
    Osage Beach Shopping Center Space For Lease
    $600,000

    Osage Beach Shopping Center Space

    Retail space available in Prewitt's Point Shopping Center.

    3924 Jr Prewitt Pkwy, Osage Beach, MO 65065
    View Listing
    Property ID
    US48-1767361
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $600,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Strip malls

    Property Details for 3924 Jr Prewitt Pkwy

    Year built
    2004
    Lot size
    3.60 lot acres
    Property size
    33,990 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    143051000000036016
    APU
    143051000000036016

    Description

    Prewitt's Point Shopping Center, located at 3924 Jr Prewitt Pkwy in Osage Beach, Missouri (zip code 65065), offers exceptional retail and restaurant opportunities. This C-1 zoned property boasts a total of 61,360 square feet, with 21,260 square feet currently vacant and available for lease. The center features multiple tenancies, allowing for flexibility in space requirements. Units range from a minimum of 1,050 square feet to a maximum contiguous space of 9,460 square feet. The property sits on a lot ranging from 0.74 to 2.29 acres, providing ample space for customer parking and potential expansion. Prewitt's Point enjoys a prime location off Highway 42 and Osage Beach Parkway, benefiting from high visibility and convenient access. The center is strategically positioned near established anchors including Hy-Vee, Target, and Lowe's, ensuring significant foot traffic and a strong customer base. Seven spaces are currently available, presenting a unique opportunity for businesses seeking a vibrant and well-located retail presence in Osage Beach. Interested parties should inquire about available unit sizes and lease terms.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $600,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Osage Beach
    County
    Miller
    State
    Missouri
    Longitude
    -92.6024
    Latitude
    38.1595

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $512,260
    $315,080
    $827,340
    -
    $1,600,800
    $984,630
    $2,585,430

    Comparable in this City

    • Value Estimation by Request
      5,040 SF

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      View Details
    • Value Estimation
      $10,690,000
      140,240 SF

      950 Hwy 42

      STORE, RETAIL OUTLET • 140,240 SF
      950 Hwy 42, Osage Beach, MO 65065-9712
      View Details
    • Value Estimation by Request
      1.30 Acres

      Hwy 54 & Passover Rd

      Individual retail properties • 1.30 Acres
      0 Hwy 54 & Passover Rd, Osage Beach, MO 65065
      View Details
    • Value Estimation
      $1,030,000
      10,700 SF

      901 Hwy 42

      RETAIL STORES (PERSONAL SERVICES) • 10,700 SF
      901 Hwy 42, Osage Beach, MO 65065-9724
      View Details
    • Value Estimation
      $515,000
      6,224 SF

      3930 Osage Bch Pkwy

      RESTAURANT • 6,224 SF
      3930 Osage Bch Pkwy, Osage Beach, MO 65065-2146
      View Details
    • Value Estimation by Request
      1,304 SF

      846 Hwy 42

      RETAIL STORES (PERSONAL SERVICES) • 1,304 SF
      846 Hwy 42, Osage Beach, MO 65065-5763
      View Details

    Similar Nearby for Sale

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      Prime Commercial Building and Strip Mall

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    Similar Nearby for Lease

    • Contact for pricing

      Retail Space in Osage Beach

      Junior box available in Prewitt’s Point Shopping Center.
      3958 Jr Prewitt Pkwy, Osage Beach, MO 65065
      View Details
    • $10 SF/Yr
      420 SF

      Retail and Office Space Available

      Retail and office spaces with highway visibility and ample parking.
      3797 Osage Beach Pkwy, Osage Beach, MO 65065
      View Details
    • Contact for pricing

      Osage Beach Shopping Center Space

      Retail space available in Prewitt's Point Shopping Center.
      3924 Jr Prewitt Pkwy, Osage Beach, MO 65065
      View Details
    • Contact for pricing

      Osage Beach Retail Space Available

      Retail space for lease in Prewitt Point Shopping Center.
      3975 Jr Prewitt Pkwy, Osage Beach, MO 65065
      View Details
    • Contact for pricing

      Osage Beach Retail Space

      New retail development in a high-traffic tourist destination.
      4690 Osage Beach Pkwy, Osage Beach, MO 65065
      View Details
    • Contact for pricing

      Commercial Land for Lease

      Land available for ground lease or build-to-suit.
      Osage Beach Pkwy, Osage Beach, MO 65065
      View Details
    View Listing
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    Osage Beach, MO 65065
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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.

    More about this property
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