Restaurant Building with Prep
New
For Sale
$399,900
111 N Madison Street, Webb City, MO 64870
Commercial Sale, Webb City, MO
Property Size3,400 SF
Lot Size0.51 Acres
Price / SF$117.62
Days on Market3
Property Features for 111 N Madison Street
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bathroom 2, Bathroom 1
Directions
From MacArthur & Madison, N on Madison to property on right.
Subdivision
08 - Webb City Area
Standard status
Active
Size
3,400 SF
Lot size
0.51 Acres
Taxes and HOA fees
Tax Annual Amount
3406
Utilities
Heating system
Electric (Heating), Central
Cooling system
Central Air
Building Details
Year built
2006
Number of units
1
Flooring type
Concrete
Roof type
Composition, Metal
Listing Agency:
Real Broker, LLC
(855) 450-0442
Listed By:
FORREST. Real Estate Forrest Stodghill · License #2015033149
(417) 483-0149
Added: Nov 4
Last Checked: Nov 6 at 6:06AM
MLS# 266226
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.
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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.
Located at 111 N Madison Street in Webb City, this 3,400-square-foot commercial building is set on a 0.51-acre parcel. The interior is configured for restaurant use and includes a built-in counter, prep tables, concrete flooring, and three bathrooms. The building was constructed in 2006.
Central heating uses electric service, and the property has central air conditioning. The roof is listed with composition and metal materials.
Central heating uses electric service, and the property has central air conditioning. The roof is listed with composition and metal materials.
Key Highlights
- 3,400‑square‑foot restaurant‑configured building on 0.51 acres
- Built‑in counter and prep tables
- 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
View Realmo Analytics
Market
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 - Restaurant-configured space includes a built-in counter and prep tables, with central heating and air conditioning.
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 restaurant‑configured building on 0.51 acres; Built‑in counter and prep tables; Three bathrooms
