Calculate cap rates and net operating income for commercial properties in Missouri. Compare your results against Missouri's secondary market benchmarks sourced from CBRE H2 2025.
Missouri straddles the border between Kansas City and St. Louis, both significant secondary markets. Kansas City benefits from strong logistics infrastructure (Union Pacific, Burlington Northern rail hub) and a growing tech scene. St. Louis has a diversified economy with healthcare (BJC, Mercy), biosciences (Pfizer), and financial services. Both markets offer value relative to coastal peers.
| Property Type | Typical Low % | Typical High % |
|---|---|---|
| Multifamily | 5.5% | 7.5% |
| Industrial | 5.5% | 7.5% |
| Retail | 6.0% | 8.0% |
| Office | 7.0% | 9.5% |
Benchmarks sourced from CBRE H2 2025 Cap Rate Survey, JP Morgan, Matthews, and Cushman & Wakefield market data. Ranges represent typical stabilized assets — actual rates vary by asset quality, location, and market conditions.
Missouri cap rates range from 5.5–7.5% for multifamily and industrial, 6.0–8.0% for retail, and 7.0–9.5% for office. Kansas City and St. Louis trend toward the lower end, with strong logistics fundamentals supporting competitive industrial rates.
Kansas City is one of the most important rail and logistics hubs in the US, served by multiple Class I railroads and positioned centrally for national distribution. The city's industrial market benefits from e-commerce growth, automotive manufacturing supply chains, and agricultural processing. Sprint (T-Mobile merger) and major logistics operators anchor industrial demand.
St. Louis is anchored by healthcare and biosciences (Washington University, BJC Healthcare, Pfizer's CenterPoint facility), financial services (Edward Jones, Centene), and manufacturing (Boeing defense, Anheuser-Busch InBev). The Cortex Innovation Community has created a growing tech corridor that's attracting startup and corporate innovation investment.
This tool is for informational and educational reference only and does not constitute real estate investment advice. Cap rate benchmarks are estimates based on published industry surveys and may not reflect current conditions in your specific market, submarket, or asset class. Actual cap rates vary significantly based on property condition, location, tenant quality, lease terms, and local market dynamics. Always consult a licensed commercial real estate broker, appraiser, or investment advisor before making real estate investment decisions.