Contractor Flex
For Sale
$535,000
8296 State Highway 248, Branson, MO 65616
Commercial Sale, Branson, MO
Property Size1,920 SF
Lot Size1.17 Acres
Price / SF$278.65
Days on Market208
Property Features for 8296 State Highway 248
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Lot features
Pasture, Level, Sloped
Directions
From Branson (Approx. 10-15 minutes)Start on US-65 South in Branson.Take the exit for State Highway 248 / Shepherd of the Hills Expressway.Turn east onto Highway 248.Continue on Highway 248 for approximately 3-4 miles.The property will be located on the right side of the road at 8296 State Highway 248.Look for the Snowden Heating & Air building with two bay doors along the highway 248.
Standard status
Active
APN
06-7.0-35-000-000-002.000
Lot size
1.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PT NENE4 E OF HWY
Tax Annual Amount
1068
Legal Description
PT NENE4 E OF HWY
Utilities
Utilities
Electricity Available
Heating system
Forced Air, Electric (Heating)
Cooling system
Wall Unit(s), Electric, Ceiling Fan(s)
Amenities
wet bar
restroom with shower
full RV hookups
Building Details
Year built
2019
Roof type
Metal
Listing Agency:
EXP Realty, LLC.
(816) 982-5990
Listed By:
Justin Hannaford
(682) 433-6920
Added: Mar 11
Changed: Sep 17
Last Checked: Oct 4 at 2:06PM
MLS# 60317718
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.
Constructed in 2019, this 1,920-square-foot metal flex building combines open shop space with a finished office area. The interior includes two bay doors, 12-foot ceilings, a wet bar, and a restroom with shower, supporting both day-to-day operations and administrative functions. Electric heating and cooling are provided, with ceiling fans and wall units also present.
The property occupies approximately 1.17 acres at 8296 State Highway 248 in Branson, Missouri. Its relatively level outdoor area can accommodate vehicles, trailers, equipment, or fleet parking, while full RV hookups add another functional feature. The site has strong frontage along Highway 248 and access to electricity is available.
A metal roof and modern construction round out the facility’s practical configuration for a contractor or other service-oriented operation requiring a combination of indoor workspace and outdoor storage capacity.
The property occupies approximately 1.17 acres at 8296 State Highway 248 in Branson, Missouri. Its relatively level outdoor area can accommodate vehicles, trailers, equipment, or fleet parking, while full RV hookups add another functional feature. The site has strong frontage along Highway 248 and access to electricity is available.
A metal roof and modern construction round out the facility’s practical configuration for a contractor or other service-oriented operation requiring a combination of indoor workspace and outdoor storage capacity.
Key Highlights
- 1,920 SF metal flex building constructed in 2019
- Approximately 1.17 acres with a relatively level operational yard
- Two bay doors and 12‑foot ceilings
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
$15,204
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
2.84%
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%
$304,080
$304.1K
Cap Rate 7%
$217,200
$217.2K
Cap Rate 9%
$168,933
$168.9K
Market Conditions
NOI Build-Up for 1,920 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
$24.9K $12.96/SF
− Vacancy
−$1.5K −$0.78/SF
EGI
$23.4K $12.18/SF
− OpEx
−$8.2K −$4.26/SF
NOI
$15.2K $7.92/SF
Area
Taney County, MO
Vacancy
6.00%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
35.00%
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%
$304,080
Cap Rate 7%
$217,200
Cap Rate 9%
$168,933
Alternative Uses
Best Use
Flex RnD
$217.2K
$190.1K – $253.4K
NOI $15,204 @ 7.0% cap · market cap 2.84%
Second Best
Warehouse
$199.3K
$174.4K – $232.6K
NOI $13,954 @ 7.0% cap · market cap 2.61%
Theoretical Best
Office A
$375.2K
$328.3K – $437.8K
NOI $26,266 @ 7.0% cap · market cap 4.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
12 ft
Clear height
2
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 65616, MO
27,562
Population
16,419
Households
1.7
Avg Household Size
43
Median Age
30%
College-Educated
90%
High-School Grad
76.5 sq mi
ZIP Area
360
Density / Sq Mi
$60,253
Median Household Income
$29,892
Median Earnings
$975
Median Rent
$243,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Flex space - Modern flex facility combining shop space, offices, restroom amenities, and a sizable yard for operational use.
Where is this flex space located?
The property is located at 8296 State Highway 248 Branson, MO.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: 1,920 SF metal flex building constructed in 2019; Approximately 1.17 acres with a relatively level operational yard; Two bay doors and 12‑foot ceilings
