Automotive Repair Shop with
For Sale
$600,000
1114 W Broadway Street, Bolivar, MO 65613
Commercial Sale, Bolivar, MO
Property Size4,000 SF
Lot Size0.48 Acres
Price / SF$150
Days on Market455
Property Features for 1114 W Broadway Street
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Subdivision
Elmwood Park
Lot features
Sidewalk(s)
View
City
Directions
From the square in Bolivar, MO head West on Broadway St for .5 mile to the property location on the Southside of the street.
Standard status
Active
APN
11-0.1-11-002-000-062.000
Lot size
0.48 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
BOLIVAR - ELMWOOD PARK - LOTS 5 & 6, BLOCK B ALONG WITH PT W1/2 OF VAC ALLEY ON E SIDE
Tax Annual Amount
1667
Legal Description
BOLIVAR - ELMWOOD PARK - LOTS 5 & 6, BLOCK B ALONG WITH PT W1/2 OF VAC ALLEY ON E SIDE
Utilities
Utilities
Water Available
Heating system
Wood, Electric (Heating)
Cooling system
Central Air
Amenities
overhead doors
vehicle bays
lifts
office
metal roof
spray foam insulation
Building Details
Year built
1978
Roof type
Metal
Listing Agency:
Billy Bruce Realty
(417) 326-2106
Listed By:
Billy Bruce · License #2017032571
(417) 399-4800
Added: Jun 4, 2025
Changed: Aug 19
Last Checked: Sep 1 at 7:06PM
MLS# 60296221
Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This automotive repair property includes a 4,000-square-foot metal building constructed in 1978 on a 0.48-acre lot. Five overhead doors serve vehicle bays equipped with lifts, while a central office separates muffler operations from brake and general mechanical work. The building also includes two bathrooms, central air, electric and wood heating, a metal roof, and spray foam insulation. Recent improvements include a new metal roof and added insulation.
Located at 1114 W Broadway Street in Bolivar, the property offers level-site parking and visibility near Broadway. Water is available, and the sale includes major operating equipment such as lifts, benders, and welders. The established Show Me Muffler & Auto Repair business has served the community since 1976.
Located at 1114 W Broadway Street in Bolivar, the property offers level-site parking and visibility near Broadway. Water is available, and the sale includes major operating equipment such as lifts, benders, and welders. The established Show Me Muffler & Auto Repair business has served the community since 1976.
Key Highlights
- 4,000‑square‑foot metal automotive service building
- 0.48‑acre level lot at 1114 W Broadway Street, Bolivar, MO 65613
- Five overhead doors with vehicle bays and lifts
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$29,768
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.96%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$595,360
$595.4K
Cap Rate 7%
$425,257
$425.3K
Cap Rate 9%
$330,756
$330.8K
Market Conditions
NOI Build-Up for 4,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$44.2K $11.04/SF
− Vacancy
−$1.6K −$0.41/SF
EGI
$42.5K $10.63/SF
− OpEx
−$12.8K −$3.19/SF
NOI
$29.8K $7.44/SF
Area
Polk County, MO
Vacancy
3.70%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$595,360
Cap Rate 7%
$425,257
Cap Rate 9%
$330,756
Alternative Uses
Best Use
Retail
$425.3K
$372.1K – $496.1K
NOI $29,768 @ 7.0% cap · market cap 4.96%
Second Best
Industrial
$183.3K
$160.4K – $213.8K
NOI $12,829 @ 7.0% cap · market cap 2.14%
Theoretical Best
Office A
$603.7K
$528.3K – $704.4K
NOI $42,261 @ 7.0% cap · market cap 7.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
5
Service bays
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
220
Businesses Nearby
11k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 95%
Beauty & Spa 5%
Dollar General
Shops & Services
7,990 visits/mo
0.4 miles
Phillips 66
Shops & Services
2,486 visits/mo
0.4 miles
Rock Paper Scissors
Beauty & Spa
533 visits/mo
0.2 miles
Demographics for 65613, MO
17,890
Population
7,327
Households
2.4
Avg Household Size
37
Median Age
26%
College-Educated
90%
High-School Grad
184.9 sq mi
ZIP Area
97
Density / Sq Mi
$56,919
Median Household Income
$31,765
Median Earnings
$828
Median Rent
$197,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- T&S Mobile truck and auto repair — 2216 W Austin St, Bolivar, MO 65613
- Sawyer Tire (Car-X Tire & Auto) — 124 S Killingsworth Ave, Bolivar, MO 65613
- All Hail PDR — 138 S Killingsworth Ave, Bolivar, MO 65613
- Sho-Me Muffler & Brake — 1114 W Broadway St #1811, Bolivar, MO 65613
- Advanced Auto Body Frame and Glass, LLC — 834 W Broadway St, Bolivar, MO 65613
Frequently Asked Questions
What type of property is this?
Auto shop - Established repair business with divided service areas, included equipment, and a metal building near Broadway.
Where is this auto shop located?
The property is located at 1114 W Broadway Street Bolivar, MO.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 4,000‑square‑foot metal automotive service building; 0.48‑acre level lot at 1114 W Broadway Street, Bolivar, MO 65613; Five overhead doors with vehicle bays and lifts
