West Plains, MO
Commercial Real Estate Market Trends & Data

$114 Avg asking sale price
$12 Avg asking lease rate
3,144 SF Avg unit lease size
11,165 SF Avg building size for sale

West Plains's Demographic Profile

West Plains has 5,258 households and a median income of $41,866, providing context for rent absorption and tenant demand across retail and multifamily assets. A +4% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 12,450
# Households 5,258
Median age 39
Median household income $41,866
Avg household size 2.0
Renter-occupied housing units 2,569
5-year population change +4%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near West Plains, MO

↻ Updated Monthly

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Nearby Retail Markets Avg Cost/SF Typical Size
West Plains $110 10,500 SF
Willow Springs $18 5,400 SF
Thayer $250 1,200 SF
Viola $79 2,400 SF
Alton $73 7,146 SF

Commercial Properties For Sale in West Plains

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Highland Park, LLC.

West Plains, MO 65775

  • 5 AC Lot
  • 1 Commercial Lot
  • $650,000
For Sale

1505 N Kentucky Ave

West Plains, MO 65775

  • 1.22 AC Lot
  • 1 Commercial Lot
  • $425,145
For Sale

000 Gleghorn Street

West Plains, MO 65775

  • 16.76 AC Lot
  • 1 Commercial Lot
  • $499,900
For Sale

4949 State Route CC

West Plains, MO 65775

  • 20 AC Lot
  • 1 Commercial Lot
  • $599,000
For Sale

3102 Independence Sq

West Plains, MO 65775

  • 12,600 SF Office Building
  • $1,950,000
For Sale

8.75 Acres with Highway Frontage, The Timbers

West Plains, MO 65775

  • 8.75 AC Lot
  • 1 Commercial Lot
  • $975,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether West Plains pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
West Plains $114 11,165 SF
Koshkonong $34 3,960 SF
Caulfield $211 7,489 SF

Regional Demographic Comparison

This comparison places West Plains alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in West Plains or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
West Plains 12,450 5,258 39 $41,866 2 2,569 4%
Pomona 532 209 44 $31,071 2 52 6%
Brandsville 120 49 45 $58,888 3 10 5%
Koshkonong 224 93 47 $32,500 2 17 -3%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in West Plains, MO and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in West Plains

View All Commercial Real Estate For Sale in West Plains
Is West Plains a good market for a first-time commercial real estate investor?

West Plains offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in West Plains?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in West Plains. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in West Plains?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for West Plains. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does West Plains compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to West Plains. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for West Plains acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in West Plains, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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