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

    925 & 929 S Neosho BLVD Neosho, MO 64850

    View on Map
    For Sale
    $1,095,000

    Restaurant - Neosho, MO

    Property size:
    4,814 SF
    Lot size:
    1.17 Acres
    Added:
    Mar 9, 2026
    Days on Market:
    24
    Last Refresh:
    Apr 1 at 1:06 pm

    Property Features for 925 & 929 S Neosho BLVD

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Standard status
    Active
    APN
    16-7.0-25-003-001-003.000
    Size
    4,814 SF
    Lot size
    1.17 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1960
    Flooring type
    Carpet, Concrete, Vinyl
    Architectural style
    Other

    We can help!

    Listing Contact
    Nina Moser

    Listing agent Nina Moser

    Listing office REECE NICHOLS REAL ESTATE-SPRINGFIELD 3626 S. Campbell Ave., Springfield, MO

    Listing date Mar 9, 2026

    MLS# 1338705 Listing URL

    Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant/Retail Space in Neosho, MO

    This 4,814 square foot commercial building in Neosho, MO, offers a flexible interior layout suitable for a variety of commercial uses. The property includes commercial kitchen infrastructure and a large, open dining or retail area. Ample on-site parking is available. The property is situated on 1.17 acres within city limits, providing room for additional parking, outdoor seating, expansion, or future redevelopment. The location is just south of the signalized intersection at Neosho Boulevard and South Street, directly across from Casey’s, placing it within an established commercial corridor with steady traffic and excellent exposure. The property is ideal for restaurant or coffee concepts, bakeries, retail, medical or professional office space, franchise operations, or service-based businesses seeking strong visibility and convenient access. The property is zoned commercial. Commercial properties with drive-thru capability and boulevard frontage rarely become available in Neosho.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    MoJoe's Cafe & Coffee Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • Cherry Party Platters — 501 1/2, 501 Oak Ridge Dr, Neosho, MO 64850
    • THE BAR-B-Q JOINT — 410 S Business 49, Neosho, MO 64850

    Location Insight

    • Map
    • Local Demand
    City
    Neosho
    County
    Newton
    State
    Missouri
    Longitude
    -94.382973
    Latitude
    36.859324

    Nearby Similar for Sale

    • $185,000
      2,500 SF

      Versatile Commercial Live/Work Property

      Live/work property with insulated shop near Neosho and I-49.
      9741 Gateway Drive, Neosho, MO 64850
      View Details
    • $1,095,000
      4,814 SF

      High-Visibility Commercial Building with Drive-Thru

      Commercial building with drive-thru on 1.17 acres in Neosho.
      925 & 929 S Neosho Boulevard, Neosho, MO 64850
      View Details
    • $825,000
      3,828 SF

      Neosho Commercial Building For Sale

      Former Pizza Hut suitable for restaurant, retail, or office conversion.
      648 S Neosho Boulevard, Neosho, MO 64850
      View Details
    • $280,000
      3,360 SF

      Highway Accessible Commercial Building

      3,360 sq ft commercial building near I-49 and highways.
      12619 Nettle Drive, Neosho, MO 64850
      View Details
    • $349,999

      Versatile Shop on Unrestricted Acres

      40x60 shop on 10+/- acres with no restrictions.
      13504 Jay Drive, Neosho, MO 64850
      View Details
    • $349,900
      4,120 SF

      Historic Neosho Square Mixed-Use Property

      4,120 sq ft mixed-use property on Neosho Square.
      109 E Main Street, Neosho, MO 64850
      View Details
    • $269,500
      1,950 SF

      Established Floral & Gift Shop

      Profitable floral and gift shop in Neosho, Missouri for sale.
      115 N College Street, Neosho, MO 64850
      View Details
    • $899,999
      3,100 SF

      Turnkey Mechanic Shop For Sale

      Profitable diesel mechanic shop with high visibility near I-49.
      11628 Iris Road, Neosho, MO 64850
      View Details
    • $575,000

      Former Gas Station on Corner

      Corner lot with signage and great visibility in Neosho, MO.
      N Business 49 & Reid Road, Neosho, MO 64850
      View Details
    • $150,000
      560 SF

      Updated Commercial Building in Neosho

      Move-in ready commercial building with versatile space and excellent visibility.
      1577 N Business 49, Neosho, MO 64850
      View Details
    • $210,000
      1,980 SF

      Neosho Multi-Unit Investment Opportunity

      Two Neosho properties offered as a package investment opportunity.
      515 & 527 Morrow Street, Neosho, MO 64850
      View Details
    • $575,000

      Former Gas Station on Corner

      Corner lot with signage and great visibility in Neosho.
      N Business 49 & Reid Road, Neosho, MO 64850
      View Details

    FAQs

    What type of property is this?
    Restaurant - Versatile commercial building with high visibility and development potential.
    Where is this restaurant located?
    The property is located at 925 & 929 S Neosho BLVD Neosho, MO.
    What is the asking price?
    The asking price for this property is $1,095,000.
    What are key features of this property?
    This property features: Prime location in established commercial corridor with high traffic and excellent exposure on Neosho Boulevard.; Flexible 4,814 sq ft building suitable for various commercial uses.; Ample on‑site parking and 1.17 acres offering expansion or redevelopment potential.
    (913) 491-1001
    We can help!
    Listing Contact
    Nina Moser
    Real Estate License ID: 2004036953
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!