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    7143 Hwy, Unit 168 Palmyra, MO 63461

    For Sale
    $249,000

    Unimproved Land - Palmyra, MO

    Type:Unimproved Land
    Property size:
    2,520 SF
    Lot size:
    1.20 Acres
    Days on Market:
    100
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 7143 Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    007.06.24.0.04.001.100
    Parking features
    Driveway, Open, Parking Lot
    Size
    2,520 SF
    Lot size
    1.20 Acres

    Utilities

    Heating system
    Electric (Heating), Forced Air, Propane (Heating)
    Cooling system
    Central Air, Electric, Exhaust Fan (Cooling), Multi Units, Window Unit(s)

    Building Details

    Year built
    2002
    Building materials
    Brick
    Roof type
    Shingle
    Architectural style
    Other

    Ragar Realty (573) 248-9006 [email protected]

    Listing agent Wesley Tuley (573) 769-3200 License #2016029865

    Listing date Aug 28, 2025

    MLS# 25027063 Listing URL

    Copyright © 2025 MARIS. 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 Restaurant and Bar Opportunity

    This 2,520 square foot building, currently operating as a long-established and successful restaurant and bar, presents opportunities for entrepreneurs, investors, or conversion into a spacious private residence. Previously utilized as a daycare, the building's flexible layout suits various business concepts, including food and beverage, office space, retail, or service-based businesses. It features three restrooms, a full kitchen, a laundry room, storage areas, and dedicated office space. The property includes yard space and a large back deck. New siding and a new roof enhance curb appeal and provide peace of mind. Ground source heating and cooling contribute to energy efficiency. The building is wired for an alarm system and equipped with fire protection and some sprinklers. Ample parking and easy access are available on the 1.2-acre lot. The property is located just outside Palmyra, in a rural area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Map

    City
    Palmyra
    County
    Marion
    State
    Missouri
    Longitude
    -91.509541
    Latitude
    39.807942

    FAQs

    What type of property is this?
    Bar - Adaptable commercial building with potential for various business concepts.
    Where is this bar located?
    The property is located at 7143 Hwy, Unit 168 Palmyra, MO.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: - Versatile 2,520 sq ft building suitable for restaurant/bar, office, retail, or residential conversion.; - Established restaurant/bar with **full kitchen**, 3 restrooms, laundry room, and dedicated office space.; - New siding and roof for enhanced curb appeal and reduced maintenance.
    (573) 769-3200
    Request Owner's contact information
    7143 Hwy, Unit 168 Palmyra, MO 63461
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    Palmyra, MO 63461
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    Realmo Value Estimation

    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.

    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.

    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
    7143 Hwy, Unit 168 Palmyra, MO 63461
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