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    1114 W Broadway Street Bolivar, MO 65613

    View on Map
    For Sale
    $625,000

    COMMERCIAL - Bolivar, MO

    Property size:
    4,000 SF
    Lot size:
    0.48 Acres
    Added:
    Jun 4, 2025
    Days on Market:
    302
    Last Refresh:
    Apr 1 at 9:06 am

    Property Features for 1114 W Broadway Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Rooms
    Bathroom 1, Bathroom 2
    Standard status
    Active
    APN
    11-0.1-11-002-000-062.000
    Size
    4,000 SF
    Lot size
    0.48 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxDescription
    BOLIVAR - ELMWOOD PARK - LOTS 5 & 6, BLOCK B ALONG WITH PT W1/2 OF VAC ALLEY ON E SIDE
    TaxAnnualAmount
    1667

    Utilities

    Utilities
    Water Available
    Heating system
    Electric (Heating), Wood
    Cooling system
    Central Air

    Building Details

    Year built
    1978
    Roof type
    Metal

    We can help!

    Listing Contact
    Billy Bruce
    Billy Bruce

    Listing agent Billy Bruce License #2022030802

    Listing office Billy Bruce Realty 1326 W Broadway, Bolivar, MO

    Listing date Jun 4, 2025

    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.

    Overview

    Established Auto Repair Business Opportunity

    This is an opportunity to acquire a well-established business and commercial property in Bolivar, Missouri. Show Me Muffler & Auto Repair has been serving the community since 1976, building a strong reputation over nearly 50 years. The property features a metal building with over 4,000 square feet of functional workspace, including 5 overhead doors and vehicle bays equipped with lifts. A centrally located office divides the space for muffler work and brake/general mechanical repair. The level lot provides ample parking, and the location offers excellent visibility just off Broadway. Recent improvements include a new metal roof and spray foam insulation to improve the building's efficiency. All major equipment, including lifts, benders, and welders, are included in the sale. The property is situated on a 0.48-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sho-Me Muffler & Brake Auto Repair Shop

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Advanced Auto Body Frame and Glass, LLC — 834 W Broadway St, Bolivar, MO 65613
    • Sawyer Tire (Car-X Tire & Auto) — 124 S Killingsworth Ave, Bolivar, MO 65613
    • T&S Mobile truck and auto repair — 2216 W Austin St, 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

    Location Insight

    • Map
    • Local Demand
    City
    Bolivar
    County
    Polk
    State
    Missouri
    Longitude
    -93.423473
    Latitude
    37.611021

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    FAQs

    What type of property is this?
    Auto shop - Well-established auto repair business and property for sale in Bolivar.
    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 $625,000.
    What are key features of this property?
    This property features: Established Business: Includes a well‑established auto repair business ('Show Me Muffler & Auto Repair') with a strong reputation and nearly 50 years of service.; Functional Commercial Space: Features a **4,000+ sq ft metal building with 5 overhead doors, vehicle bays with lifts, and a centrally located office.**; Included Equipment: Sale includes all major equipment such as lifts, benders, and welders.
    (417) 399-4800
    We can help!
    Listing Contact
    Billy Bruce
    Billy Bruce
    Real Estate License ID: 2022030802
    Learn More
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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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