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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    513 Reed St Moberly, MO 65270

    • Retail space
    • 3,404 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-0768901
    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.

    Current Use by Public Records

    • Retail space

    Property Details for 513 Reed St

    Year built
    1898
    Lot size
    0.15 lot acres
    Property size
    3,404 SF
    Property type
    Retail space
    Property subtype
    Storefront properties

    Description

    This exceptional mixed-use property in downtown Moberly, Missouri, presents a unique investment opportunity. Located at 513 W Reed St, this fee-simple owned building boasts 3,404 square feet across two stories, built in 1898. The main level offers approximately 1700 square feet of attractive retail space, featuring handsome tin ceilings, ideal for a variety of businesses. An adjacent vacant lot is included, providing potential for outdoor seating or expansion. Upstairs, a partially finished unit (approximately 70% complete) offers three bedrooms and one bathroom, perfect for an owner/manager or as a lucrative Airbnb rental. This unit requires finishing touches including kitchen installation, some flooring, ceiling trim, and completion of two bedrooms. The bathroom is fully functional, and water is connected. The property sits on a 0.15-acre lot and includes 10 parking spaces. Zoned B3 general business, this location benefits from its position within the Community Improvement District (CID), opening doors to potential grants and state/federal tax credits. The asking price is $158,700. The seller is highly motivated.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Moberly
    County
    Randolph
    State
    Missouri
    Longitude
    -92.442150341903
    Latitude
    39.41980355476

    Comparable in this City

    • $295,000
      6,440 SF

      Downtown Moberly Commercial Opportunity

      Over 6,000 sq ft commercial space in downtown Moberly.
      500 W Reed St, Moberly, MO 65270
      View Details
    • $169,000
      4,387 SF

      Moberly Commercial Building with Restaurant

      Commercial building in Moberly's historic downtown district, currently a restaurant.
      400 W Reed St, Moberly, MO 65270
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    • $115,000
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      Moberly, MO Retail Investment Property

      Income-generating retail property on a corner lot in Moberly, MO.
      1102 N Morley St, Moberly, MO 65270
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    • $739,000
      4,063 SF

      Prime Moberly Autobody Business

      Turnkey Autobody Shop on 3 Acres
      959 Highway 24, Moberly, MO 65270
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    • $80,000

      Moberly Commercial Land - $80k

      High-visibility lot, prime commercial location.
      318 Morley St, Moberly, MO 65270
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    • $175,000

      Moberly, MO Agricultural Land

      15 acres of partially wooded land suitable for agricultural use.
      N/A County Rd 2455, Moberly, MO 65270
      View Details

    Similar Nearby for Sale

    • $295,000
      6,440 SF

      Downtown Moberly Commercial Opportunity

      Over 6,000 sq ft commercial space in downtown Moberly.
      500 W Reed St, Moberly, MO 65270
      View Details
    • $169,000
      4,387 SF

      Moberly Commercial Building with Restaurant

      Commercial building in Moberly's historic downtown district, currently a restaurant.
      400 W Reed St, Moberly, MO 65270
      View Details
    • $115,000
      768 SF

      Moberly, MO Retail Investment Property

      Income-generating retail property on a corner lot in Moberly, MO.
      1102 N Morley St, Moberly, MO 65270
      View Details
    • $739,000
      4,063 SF

      Prime Moberly Autobody Business

      Turnkey Autobody Shop on 3 Acres
      959 Highway 24, Moberly, MO 65270
      View Details
    • $80,000

      Moberly Commercial Land - $80k

      High-visibility lot, prime commercial location.
      318 Morley St, Moberly, MO 65270
      View Details
    • $175,000

      Moberly, MO Agricultural Land

      15 acres of partially wooded land suitable for agricultural use.
      N/A County Rd 2455, Moberly, MO 65270
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,212 SF

      Retail Space Available for Lease

      Retail property available for lease at 1320 Hwy 24 East.
      1320 Highway 24 East, Moberly, MO 65270
      View Details
    • $7 SF/Yr
      40,123 SF

      643 Morley St

      Retail properties • 40,123 SF
      643 Morley St, Moberly, MO 65270
      View Details
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    513 Reed St
    Moberly, MO 65270
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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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