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    121 Howard Johnson Dr Rolla, MO 65401

    For Sale
    $799,900

    Established Mexican Restaurant, High Traffic Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional opportunity presents the chance to acquire a thriving, turnkey Mexican restaurant in Rolla, Missouri. Located just off Interstate 44, this business enjoys high visibility and easy access for both local residents and travelers, ensuring a consistent flow of customers. The property sits on a 0.88-acre lot at 121 Howard Johnson Drive and includes a fully operational restaurant, complete with a well-equipped kitchen ready for immediate use. All necessary equipment is included, eliminating the need for significant upfront investment in furnishings and appliances. The dining area is designed to comfortably accommodate patrons, and the existing business boasts a loyal customer base, providing a solid foundation for continued success. This is an ideal acquisition for experienced restaurateurs seeking an established operation or for entrepreneurs looking to enter the food service industry with minimal start-up hurdles. The asking price for this turnkey business is $799,900. The property's prime location and established clientele make this a truly unique and attractive investment opportunity. Serious inquiries are encouraged to explore this exceptional chance to own a successful and profitable restaurant. The property is ready for immediate operation, allowing for a seamless transition and quick return on investment. Don't miss this chance to own a piece of Rolla's culinary scene.

    Property Features for 121 Howard Johnson Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    38,333 SF

    Building Details

    Year Built
    1968
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Rolla
    County
    Phelps
    State
    Missouri
    Longitude
    -91.79002
    Latitude
    37.94445

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    FAQs

    What type of property is this?
    Commercial real estate - Established Mexican Restaurant, High Traffic Location
    Where is this commercial real estate located?
    The property is located at 121 Howard Johnson Dr Rolla, MO.
    What is the asking price?
    The asking price for this property is $799,900.
    289-3478
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    121 Howard Johnson Dr Rolla, MO 65401
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    Rolla, MO 65401
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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
    121 Howard Johnson Dr Rolla, MO 65401
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