Mixed-Use Property with Expansion
For Sale
$550,000
28 Wallace Ranch Road, Theodosia, MO 65761
Commercial Sale, Theodosia, MO
Property SizeContact for details
Lot Size3.30 Acres
Days on Market166
Property Features for 28 Wallace Ranch Road
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bathroom 3, Bathroom 1
Directions
From Theodosia, head West on Us-Hwy 160 aprox 1.5 miles property and sign on left.
Standard status
Active
APN
18-0.5-15-000-000-008.000
Lot size
3.30 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
746
Utilities
Utilities
Electricity Available
Heating system
Wood
Cooling system
Window Unit(s)
Building Details
Year built
1987
Roof type
Metal
Listing Agency:
Sho-Me Real Estate
(417) 924-1307
Listed By:
Payton Watterson
(417) 554-2145
Added: Apr 15
Changed: Sep 15
Last Checked: Sep 27 at 8:06PM
MLS# 60320887
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 mixed-use property combines a leased commercial building with a separate residential home and additional cleared acreage. The commercial component provides established rental income, while the home may support owner occupancy, a long-term rental arrangement, or short-term rental use as described in the property information. The site includes a metal roof, wood heating, window-unit cooling, and electricity available.
The property encompasses 3.3 acres at 28 Wallace Ranch Road in Theodosia, Missouri, near Bull Shoals Lake. Its position along a main roadway provides access and exposure, while the cleared land offers room for potential expansion or additional construction. The property was built in 1987 and includes three bathrooms.
The property encompasses 3.3 acres at 28 Wallace Ranch Road in Theodosia, Missouri, near Bull Shoals Lake. Its position along a main roadway provides access and exposure, while the cleared land offers room for potential expansion or additional construction. The property was built in 1987 and includes three bathrooms.
Key Highlights
- Leased commercial building with established rental income
- Separate residential home included with the property
- 3.3 acres with additional cleared land for expansion
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
Explore this area
Business Placement
Demographics for 65761, MO
1,085
Population
1,063
Households
1
Avg Household Size
59
Median Age
5%
College-Educated
90%
High-School Grad
114.6 sq mi
ZIP Area
9
Density / Sq Mi
$36,903
Median Household Income
$25,096
Median Earnings
$579
Median Rent
$185,600
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Leased commercial space, a separate residence, and cleared acreage create a flexible mixed-use configuration.
Where is this mixed-use property located?
The property is located at 28 Wallace Ranch Road Theodosia, MO.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Leased commercial building with established rental income; Separate residential home included with the property; 3.3 acres with additional cleared land for expansion
