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dizposition

Sell your commercial property in Missouri

We buy commercial real estate across Missouri directly, as-is, for cash.

Missouri at a glance

Population
6.3M
Job growth
+1.1%
Transfer tax
None
Eff. property tax
0.89%

Data current as of

Market conditions

The Missouri market right now

Our read

About 6.3 million people live in Missouri, and the population is growing 0.4% a year. In the latest year the state gained a net 14,028 residents from other states; median household income is $71,589.

Missouri is drawing residents from other states and adding jobs, which gives its larger metros real expansion demand. Kansas City is a rail and highway freight interchange with a large industrial base; St. Louis is Mississippi River logistics, healthcare and aerospace at Boeing Defense; Springfield is southwest Missouri distribution and healthcare; Columbia is the University of Missouri and insurance.

Missouri has no transfer tax, and its constitution prevents one from being added. Assessed values are reset in odd-numbered years, with commercial property assessed at a fixed share of true value.

Valuation

What your Missouri property is worth

How we price it

What a commercial property is worth in Missouri comes down to the income it produces, how durable that income is, and what it costs to hold and transfer the asset here. We underwrite all three rather than applying a statewide cap rate to a number you send us.

Income durability is where most valuations go wrong. A tenant with three years remaining in Kansas City Metro (MO) is a different risk from the same tenant in Columbia, and remaining lease term alone does not capture it. We look at what the space actually re-leases for and how long it sits empty first.

Holding and transfer cost is the other half, and it comes directly out of your proceeds. Transfer tax, property tax treatment, and closing convention vary more between states than most sellers expect. The Missouri figures, with the statutes behind them, are set out in the tax and legal section below.

Capital markets today

10-yr Treasury
5.24%
4.12% a year ago
SOFR
3.87%
4.2% a year ago
30-yr mortgage
7.28%
6.3% a year ago
CRE loan delinquency
1.53%
1.57% a year ago
CRE prices, YoY
6.58%
-2.7% a year ago

Sources: FRED DGS10, 2026-10-01 · FRED SOFR, 2026-10-01 · FRED MORTGAGE30US, 2026-10-01 · FRED DRCRELEXFACBS, 2026-04-01 · FRED COMREPUSQ159N, 2026-01-01

Missouri tax & legal

Missouri has no transfer tax, and its constitution prevents one from being added.

Transfer tax
None
Property tax (eff.)
0.89%
1031 conformity
Yes
Closing
Title state

Missouri property tax vs. the 50 states

  • Missouri
  • Other states
  • Median state
  • Effective property tax rate

    0.29%1.88%

    0.89%

    23rd highest of 50

Effective rates as cited on each state's page; every state's sources include Tax Foundation.

View all states as a table
StateEffective property tax rate
Arizona0.48%
Texas1.40%
Florida0.78%
Alabama0.37%
Alaska0.94%
Arkansas0.56%
California0.70%
Colorado0.50%
Connecticut1.54%
Delaware0.54%
Georgia0.79%
Hawaii0.29%
Idaho0.50%
Illinois1.88%
Indiana0.76%
Iowa1.33%
Kansas1.21%
Kentucky0.74%
Louisiana0.55%
Maine0.98%
Maryland0.92%
Massachusetts1.00%
Michigan1.19%
Minnesota1.00%
Mississippi0.58%
Missouri0.89%
Montana0.61%
Nebraska1.44%
Nevada0.50%
New Hampshire1.50%
New Jersey1.88%
New Mexico0.63%
New York1.30%
North Carolina0.66%
North Dakota0.92%
Ohio1.36%
Oklahoma0.79%
Oregon0.81%
Pennsylvania1.26%
Rhode Island1.12%
South Carolina0.49%
South Dakota1.00%
Tennessee0.52%
Utah0.48%
Vermont1.51%
Virginia0.78%
Washington0.75%
West Virginia0.51%
Wisconsin1.32%
Wyoming0.53%

Statutes

  • Mo. Const. art. X, § 25
  • RSMo § 137.115

Missouri is one of the cheapest states to transfer commercial real estate in, and it is locked in that way.

There is no transfer tax. Article X, § 25 of the Missouri Constitution, adopted in 2010, prevents the state, counties and other political subdivisions from imposing any new tax on the sale or transfer of real estate.

On assessment, RSMo § 137.115 sets new assessed values as of January 1 of each odd-numbered year, and those values carry into the even year that follows. Commercial property is assessed at 32% of true value. Effective rates near 0.89% sit below the national middle.

Missouri follows federal 1031 treatment. Closings are typically handled by title companies; no attorney is required.

What this means

If you're selling in Missouri

  1. No transfer tax to budget for

    Missouri charges no real estate transfer tax, so the largest single closing-cost line in many states does not apply here. On a multimillion-dollar sale that is real money staying with you.

  2. Closes through title, no attorney required

    A title or escrow company handles closing, title insurance, and recording. That usually means a faster close and one less party to coordinate.

  3. 1031 exchange defers state tax too

    Missouri conforms to federal like-kind exchange treatment, so a properly structured 1031 defers both. You must have a qualified intermediary in place before closing — it cannot be arranged afterward.

  4. How the sale affects assessed value

    New assessed values are set as of January 1 of each odd-numbered year and carry into the following year; commercial property is assessed at 32% of true value.

Demand drivers

The Missouri economy

Population

6.3M

Pop. growth

+0.4%

Job growth

+1.1%

Unemployment

3.5%

Net domestic migration

+14,028

Housing permits YTD

13,012

Permits vs last year

+12.1%

Median household income

$72K

How Missouri compares

  • Missouri
  • Other states
  • Median state
  • Job growth, year over year

    -0.9%+1.6%

    +1.1%

    8th highest of 50

  • Population growth

    -0.3%+1.5%

    +0.4%

    24th lowest of 50

  • Unemployment rate

    2.0%5.1%

    3.5%

    18th lowest of 50

  • Median household income

    $59K$105K

    $72K

    9th lowest of 50

View all states as a table
StateJob growth, year over yearPopulation growthUnemployment rateMedian household income
Arizona+0.6%+0.9%4.9%$81K
Texas+1.1%+1.3%4.4%$80K
Florida+0.6%+0.8%4.5%$78K
Alabama+1.1%+0.6%3.4%$67K
Alaska+1.3%+0.1%4.3%$96K
Arkansas+0.6%+0.6%3.9%$62K
California+0.8%-0.0%5.1%$100K
Colorado+0.2%+0.4%4.0%$97K
Connecticut+0.9%+0.4%5.1%$96K
Delaware+0.1%+0.9%4.7%$88K
Georgia-0.1%+0.9%3.2%$80K
Hawaii+0.2%-0.1%2.7%$101K
Idaho+0.9%+1.4%3.6%$81K
Illinois+0.2%+0.1%4.7%$83K
Indiana-0.5%+0.6%3.3%$72K
Iowa+0.0%+0.3%3.2%$76K
Kansas+0.5%+0.4%3.8%$76K
Kentucky-0.1%+0.5%4.7%$65K
Louisiana+1.6%+0.1%4.2%$61K
Maine-0.1%+0.5%3.2%$76K
Maryland-0.2%+0.3%4.1%$103K
Massachusetts+0.2%+0.2%4.3%$105K
Michigan+0.2%+0.3%5.0%$72K
Minnesota+1.4%+0.6%4.4%$87K
Mississippi+0.4%+0.1%3.4%$59K
Missouri+1.1%+0.4%3.5%$72K
Montana-0.9%+0.6%3.2%$75K
Nebraska+0.2%+0.6%2.9%$76K
Nevada+1.3%+0.9%4.8%$81K
New Hampshire+0.2%+0.5%2.8%$100K
New Jersey-0.2%+0.4%4.3%$104K
New Mexico+1.6%-0.1%4.7%$68K
New York-0.0%+0.0%4.3%$86K
North Carolina+1.3%+1.3%3.5%$74K
North Dakota+0.5%+0.8%2.2%$78K
Ohio+0.2%+0.3%3.3%$72K
Oklahoma+0.7%+0.6%4.3%$66K
Oregon-0.8%+0.2%5.1%$85K
Pennsylvania+0.6%+0.1%3.7%$78K
Rhode Island+0.1%+0.4%3.7%$84K
South Carolina+1.6%+1.5%4.1%$72K
South Dakota+0.2%+0.9%2.0%$77K
Tennessee+0.5%+0.9%3.4%$72K
Utah+1.0%+1.0%3.5%$97K
Vermont-0.3%-0.3%2.6%$83K
Virginia-0.9%+0.7%3.6%$92K
Washington+0.4%+0.9%4.9%$99K
West Virginia-0.3%-0.1%4.0%$61K
Wisconsin+0.6%+0.3%3.2%$77K
Wyoming+0.8%+0.3%3.0%$76K

Missouri's economy leans on freight and logistics, aerospace and defense, healthcare and bioscience, agriculture and food processing, and financial services. Its two big metros sit on opposite sides of the state and serve different freight networks: rail and highway in Kansas City, the river in St. Louis.

In the latest year the state added jobs at 1.1% over the past year with unemployment at 3.5%, and residential permits are up 12.1% year to date. Hiring, in-migration and homebuilding all point the same way, which supports demand beyond simple replacement of existing tenants.

Kansas City produces most of our Missouri calls, where the rail and highway interchange supports a large industrial base.

Industries driving demand

  • Freight & logistics

  • Aerospace & defense

  • Healthcare & bioscience

  • Agriculture & food processing

Sources: U.S. Census Bureau, American Community Survey 1-Year Estimates, 2024 · U.S. Census Bureau, Population Estimates Program, Vintage 2025 · U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics, August 2026 · U.S. Bureau of Labor Statistics, Current Employment Statistics (total nonfarm, YoY), August 2026 · U.S. Census Bureau, Building Permits Survey (residential units, year to date), January–August 2026

Regions

Where Missouri volume happens

  1. 01

    Kansas City Metro (MO)

    Rail and highway freight interchange; large industrial base.

  2. 02

    St. Louis

    Mississippi River logistics, healthcare, and aerospace at Boeing Defense.

  3. 03

    Springfield

    Southwest Missouri distribution and healthcare.

  4. 04

    Columbia

    University of Missouri and insurance.

Property types

What we buy in Missouri

Process

How selling to Dizposition works

The full process
  1. Day 0

    01

    Send us the property

    Address, asset type, and the lease if there is one. That is enough for us to start.

  2. 02

    We underwrite it

    Our underwriting runs the income against current Missouri market pricing and the cost of capital. No lowball anchor.

  3. 10 minutes

    03

    You get a firm offer

    In 10 minutes, with the math shown. You will know exactly how we got there.

  4. As fast as 30 days

    04

    Close on your timeline

    As fast as 30 days, or as slow as you need. We are the principal, so the date is yours.

FAQ

Selling commercial property in Missouri

Where in Missouri do you buy commercial property?

Statewide. Our activity concentrates in Kansas City Metro (MO), St. Louis, Springfield and Columbia, but we buy across Missouri including secondary and rural markets that most institutional buyers skip.

What kinds of commercial property do you buy in Missouri?

Retail, industrial, healthcare, hospitality, land, and specialty assets. Missouri's economy leans toward freight & logistics and aerospace & defense, so we see a lot of freight & logistics-adjacent property here. We also buy assets other people avoid — vacant, environmentally impaired, or with short lease term.

What are the closing costs to sell commercial property in Missouri?

Title and escrow fees, any transfer or recording tax the state levies, prorated property taxes, and payoff of existing debt. Because we are the buyer there is no commission. Missouri levies no real estate transfer tax, which removes the largest line item most sellers expect.

Is there a transfer tax when you sell commercial property in Missouri?

Missouri levies no real estate transfer tax, and since 2010 its constitution bars the state and local governments from imposing any new tax on the sale or transfer of real estate.

Does selling reset the property tax assessment in Missouri?

New assessed values are set as of January 1 of each odd-numbered year and carry into the following year; commercial property is assessed at 32% of true value. The effective property tax rate in Missouri is about 0.89%.

Does Missouri follow federal 1031 exchange rules?

Yes. Missouri conforms to Section 1031, so a properly structured exchange defers state income tax on the gain as well as federal. The 45-day identification and 180-day closing deadlines are federal and apply the same way.

Who handles a commercial real estate closing in Missouri?

Missouri is a title state: a title or escrow company typically runs the closing, with attorneys optional. We open title with a national underwriter as soon as terms are agreed.

Is demand for commercial property growing in Missouri?

Missouri's population is growing 0.4% a year and over the latest year it gained a net 14,028 residents from other states. Employers added jobs at 1.1% over the past year, with unemployment at 3.5%, and residential permits are up 12.1% year to date. Those are the inputs behind tenant demand; what they mean for your property depends on its submarket and lease, which is what we underwrite.

How long does it take to sell a commercial property to Dizposition?

You get a firm written offer within 10 minutes of sending us the property. If you accept, you can close in as little as 30 days — most of that is title work and your own timeline. There is no listing period, no marketing, and no waiting on a buyer's financing contingency.

Can I sell my property as-is?

Yes. We are the buyer, so there is no lender requiring repairs and no inspection contingency to renegotiate against you. Deferred maintenance, a failing roof, an aging tank system — we price it into the offer rather than asking you to fix it first.

Can I sell with a tenant in place?

Yes, and in most cases a tenant makes the property more valuable to us, not less. We will ask for the lease, a rent roll, and any estoppel certificates. You do not need to deliver the property vacant.

What if my lease is short-term or about to expire?

Short remaining term is one of the main reasons owners come to us. A conventional buyer needs lease term to get financing, which is why short-dated assets sit on the market. We underwrite the real estate and the backfill prospects rather than the remaining term alone.

What if the property is vacant?

We buy vacant assets. Pricing shifts from an income approach to what the building and land are worth to the next user, which is a different calculation — but it is one we do routinely rather than one that disqualifies the property.

Do I need a broker to sell to you?

No. We buy directly, and there is no commission because there is nothing to market. If you already have a broker, we will pay them. Selling without one saves the commission, but you should understand you are also giving up price discovery — a broker's job is to find out whether someone will pay more than we will.

What documents do I need to get an offer?

The address and the lease are enough to start. To finalize, we will want the rent roll, the last two years of operating statements, the title commitment, any existing survey, and any environmental reports you already have. You do not need an appraisal or a broker package.

How do you determine your offer?

We underwrite in-place income against what the space would re-lease for, adjust for capital needs and any environmental tail, and apply a cap rate supported by comparable transactions. We show you the inputs. If you disagree with an assumption, we would rather argue about the assumption than about the number.

What are typical seller closing costs?

Title and escrow fees, any transfer or recording tax owed in your state, prorated property taxes, and payoff of any existing debt. Because we are the buyer, there is no commission and no marketing cost. Transfer tax varies significantly by state and is often the largest single line.

Will I owe capital gains tax when I sell?

Usually yes, on the gain above your adjusted basis, and depreciation recapture is taxed separately from appreciation. State treatment varies. This is a question for your CPA before you sign, not after — the structure of the sale can change the answer.

Can I do a 1031 exchange?

Yes. A 1031 exchange lets you defer federal capital gains by reinvesting in like-kind property, subject to a 45-day identification window and a 180-day closing window from the date you sell. You must have a qualified intermediary in place before closing — it cannot be arranged afterward. Most states conform to federal treatment, but a few do not.

Can I sell if I am behind on payments or facing foreclosure?

Yes, and speed is the reason to move early rather than late. We can close on a defined date, which is what a lender or a receiver generally needs to see. Send us the payoff figure and any notices you have received.

Can I sell a property I inherited or that is in probate?

Yes. Probate sales take longer because the court timeline governs, not ours, and multiple heirs need to agree on the price before anything can close. We are used to working around both. Inherited property also generally receives a stepped-up basis, which can change the tax math substantially.

What if there is environmental contamination?

Send it anyway. Environmental history is one of the most common reasons a conventional sale falls apart, and it is one of the reasons owners call us. We price the remediation and the residual liability into the offer rather than walking away at the Phase II.

Is there any cost or obligation to get an offer?

None. There is no fee, no listing agreement, and no obligation to accept. If our number does not work for you, you keep the underwriting we showed you and we part ways.

10-minute offer

Ready to sell in Missouri?

Send us the address and the lease. You'll have a firm offer, with the math shown, in 10 minutes.