Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    904 Broadway St Lamar, MO 64759

    View on Map
    Sponsored
    For Sale
    $149,900

    COMMERCIAL - Lamar, MO

    Property size:
    6,400 SF
    Lot size:
    0.15 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 27 at 12:06 pm

    Property Features for 904 Broadway St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    09-09.0-30-02.0-025-003.000
    Size
    6,400 SF
    Lot size
    0.15 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Ceiling Fan(s)

    Building Details

    Flooring type
    Concrete
    Roof type
    Metal

    We can help!

    Listing Contact
    James Edwards
    James Edwards

    Buckhorn Land and Realty, LLC

    Listing agent James Edwards License #2021003059

    Listing date Mar 26, 2026

    MLS# 261538

    Copyright © 2026 Ozark Gateway Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Established Commercial Building in Lamar, MO

    Located at 904 Broadway St in Lamar, Missouri, this commercial building offers approximately 6,400 sq ft of space. Positioned along Broadway, a well-traveled route through town, the property benefits from strong visibility and easy access for customers. The property is being offered as a small engine shop, with a large portion of the tools, parts, and equipment transferring with the sale. Included are lifts, air compressor systems, and a wide assortment of shop tools and inventory. Select machines will remain with the property. The building offers ample space for multiple work bays, storage, and parts organization, making it well-suited for mechanics, fabrication, repair services, or other commercial uses. Situated in Lamar, MO, this property provides an excellent opportunity for an owner-operator or investor looking to acquire both real estate and an income-producing business. The structure dates back to the early 1900s and sits on a lot of approximately 0.15 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

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

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

    Similar Places Nearby

    Fast Eddie Hot Rod Shop

    Location Insight

    • Map
    • Local Demand
    City
    Lamar
    County
    Barton
    State
    Missouri
    Longitude
    -94.275609
    Latitude
    37.496173

    Nearby Similar for Sale

    • $439,000
      3,600 SF

      Retail and Residential Opportunity

      Mixed-use property with retail space, living quarters, and expansion potential.
      13 SW 1St Ln, Lamar, MO 64759
      View Details
    • $234,900
      3,000 SF

      Versatile Commercial Property in Lamar

      Commercial property with showroom, offices, and additional metal building.
      1205 E 12Th St, Lamar, MO 64759
      View Details
    • $695,000
      30,068 SF

      Lamar, MO Strip Center

      Fully occupied strip center with highway access and parking.
      605 W 12Th St, Lamar, MO 64759
      View Details
    • $520,000
      80.00 Acres

      Productive 80-Acre Missouri Farmland

      80+/- acres of prime grassland near Lamar, Missouri.
      48 NE 30Th Ln, Lamar, MO 64759
      View Details
    • Contact for pricing
      729 SF

      Lamar, MO Commercial Property

      Commercial property in Lamar, MO with highway access and parking.
      507 W 12Th St, Lamar, MO 64759
      View Details
    • $350,000
      4,408 SF

      Lamar Greenhouse & Florist Business

      Turnkey Florist & Greenhouse, High ROI
      103 9Th St, Lamar, MO 64759
      View Details
    • Contact for pricing
      30,068 SF

      Mixed-Use Property For Sale

      30,068 SqFt mixed-use property available for purchase.
      605 12Th St W Lamar MO USA, Lamar, MO 64759
      View Details
    • Contact for pricing
      1.00 Acre

      Upscale Lamar Office Space Available

      Modern office hub, pet-friendly, flexible lease.
      128 10Th St, Lamar, MO 64759
      View Details
    • Contact for pricing
      1.00 Acre

      Upscale Lamar Office Space Available

      Modern office hub, pet-friendly, flexible lease.
      128 10Th St, Lamar, MO 64759
      View Details
    • Contact for pricing
      1.00 Acre

      Upscale Lamar Office Space Available

      Prime Lamar office, pet-friendly, all-inclusive.
      128 10Th St, Lamar, MO 64759
      View Details
    • Contact for pricing
      1.00 Acre

      Upscale Lamar Office Space For Lease

      Modern office hub, pet-friendly, flexible lease.
      128 10Th St, Lamar, MO 64759
      View Details
    • Contact for pricing
      1.00 Acre

      Upscale Lamar Office Space Available

      Modern office hub, pet-friendly, flexible lease.
      128 10Th St, Lamar, MO 64759
      View Details

    FAQs

    What type of property is this?
    Auto shop - 6,400 sq ft commercial building with equipment included.
    Where is this auto shop located?
    The property is located at 904 Broadway St Lamar, MO.
    What is the asking price?
    The asking price for this property is $149,900.
    What are key features of this property?
    This property features: - Turn-key small engine business opportunity with equipment included.; - High-visibility location on Broadway, offering easy customer access.; - Substantial 6,400 sq ft building with ample space.
    (417) 667-1163
    Request Owner's contact information
    904 Broadway St Lamar, MO 64759
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    904 Broadway St
    Lamar, MO 64759
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    904 Broadway St Lamar, MO 64759
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    James Edwards
    James Edwards
    Real Estate License ID: 2021003059
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!