Restaurant Building with Prep
111 N Madison Street, Webb City, MO 64870
For Sale
New
$399,900
Commercial Sale, Webb City, MO
Property Size3,400 SF
Lot Size0.51 Acres
Price / SF$117.62
Days on Market4
Property Features for 111 N Madison Street
General Information
Property type
Property subtype
Bathrooms
Full bathrooms
Rooms
Lot features
View
Directions
Standard status
APN
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Heating system
Cooling system
Building Details
Year built
Roof type
Listing Agency:
Real Broker LLC
(855) 450-0442
Listed By:
Forrest Real Estate · License #2015033149
(417) 483-0149
Added: Nov 6
Changed: Nov 9
Last Checked: Nov 9 at 7:06AM
MLS# 60338046
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.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,400-square-foot restaurant property occupies a 0.51-acre parcel and was built in 2006. The interior includes epoxy flooring, a fixed counter, and prep tables, with three bathrooms. Electric heat and central air serve the building, and water is available.
The property is at 111 N Madison Street in Webb City, Missouri. The roof is composition and metal.
The property is at 111 N Madison Street in Webb City, Missouri. The roof is composition and metal.
Key Highlights
- 3,400‑square‑foot building on a 0.51‑acre parcel
- Configured for restaurant use with built‑in counter and prep tables
- Epoxy flooring and three bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,370
Cap Rate
8.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$687,400
$687.4K
Cap Rate 7%
$491,000
$491.0K
Cap Rate 9%
$381,889
$381.9K
Market Conditions
NOI Build-Up for 3,400 SF
Gross rent
$47.7K $14.04/SF
− Vacancy
−$1.9K −$0.56/SF
EGI
$45.8K $13.48/SF
− OpEx
−$11.5K −$3.37/SF
NOI
$34.4K $10.11/SF
Area
Jasper County, MO
Vacancy
4.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$687,400
Cap Rate 7%
$491,000
Cap Rate 9%
$381,889
Alternative Uses
Best Use
Specialty Retail
$491.0K
$429.6K – $572.8K
NOI $34,370 @ 7.0% cap · market cap 8.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.03M
$897.6K – $1.20M
NOI $71,808 @ 7.0% cap · market cap 17.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
354
Businesses Nearby
69k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 79%
Shops & Services 21%
McDonald's
Dining
32,884 visits/mo
0.5 miles
Culver's
Dining
21,797 visits/mo
0.5 miles
Dollar General
Shops & Services
8,059 visits/mo
0.1 miles
Phillips 66
Shops & Services
6,751 visits/mo
0.4 miles
Demographics for 64870, MO
16,566
Population
6,796
Households
2.4
Avg Household Size
35
Median Age
30%
College-Educated
92%
High-School Grad
33.6 sq mi
ZIP Area
493
Density / Sq Mi
$64,619
Median Household Income
$39,267
Median Earnings
$942
Median Rent
$166,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Conventional restaurants in Jasper County, MO
Properties on Market for Conventional restaurants in Jasper County
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- King Buffet — 501 S Madison St H, Webb City, MO 64870
- East Buffet — N Madison St, Webb City, MO 64870
Frequently Asked Questions
What type of property is this?
Conventional restaurant - A built-in counter, prep tables, and commercial kitchen-related finishes support its restaurant layout.
Where is this conventional restaurant located?
The property is located at 111 N Madison Street Webb City, MO.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 3,400‑square‑foot building on a 0.51‑acre parcel; Configured for restaurant use with built‑in counter and prep tables; Epoxy flooring and three bathrooms
