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

    519 N N Jefferson Avenue Lebanon, MO 65536

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $349,000

    Two-story mixed-use building in prime location near Lebanon High School.

    Lot size:
    0.35 Acres
    Added:
    Apr 7, 2025
    Days on Market:
    387
    Last Refresh:
    Jan 14 at 8:11 am

    Property Features for 519 N N Jefferson Avenue

    General Information

    Standard status
    Active
    Lot size
    0.35 Acres

    We can help!

    Listing Contact
    Justin Shadel

    Listing agent Justin Shadel

    Listing office Keller Williams Greater Springfield

    Listing date Apr 7, 2025

    Source Exprealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Greater Springfield

    Overview

    Prime Commercial Real Estate Opportunity

    This two-story building with an attached apartment has been a successful retail location for over forty years. Situated on Jefferson Avenue, it benefits from its proximity to Lebanon High School and travelers heading to the Lake of the Ozarks, as North Jefferson serves as the gateway to the lake. The building's multi-use potential is significant, enhanced by its proximity to downtown activities and shopping. This commercial real estate is located in the city.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Work Comp Center ... Law Firm Jimmy John's Take-out & Catering Pams Flowers LLC (Bike/Boat/Book/etc) Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Laclede
    State
    Missouri
    Longitude
    -92.6689
    Latitude
    37.684

    Nearby Similar for Sale

    • $499,900
      11,564 SF

      Turn Key Motel Opportunity

      28-unit motel near state park entrance, remodeled in 2018.
      11451 HWY 64, Lebanon, MO 65536
      View Details
    • $600,000
      6,878 SF

      Versatile Mixed-Use Commercial Property

      High-visibility mixed-use property with office and shop areas.
      935 S Jefferson Avenue, Lebanon, MO 65536
      View Details
    • $450,000
      6,878 SF

      Versatile Mixed-Use Commercial Property

      High-visibility mixed-use property with office and shop areas.
      935 S Jefferson Avenue, Lebanon, MO 65536
      View Details
    • $550,000
      2,699 SF

      Lebanon, MO Investment Opportunity

      Gas station, convenience store, and campground near Bennett Springs State Park.
      11448 Highway 64, Lebanon, MO 65536
      View Details
    • $235,000
      2,610 SF

      Commercial Building on Elm Street

      Commercial building with high visibility and income potential.
      333 E Elm Street, Lebanon, MO 65536
      View Details
    • $184,900
      1,740 SF

      Updated Commercial Space, Lebanon, MO

      Versatile commercial property with modern updates and flexible layout.
      144 Bonnie Drive, Lebanon, MO 65536
      View Details
    • $750,000
      5,400 SF

      High-Traffic Retail/Office Building

      5400 SF building on 0.52 acres with high visibility.
      123 EVERGREEN Parkway, Lebanon, MO 65536
      View Details
    • $279,900

      Versatile Commercial Property, High Visibility

      Adaptable commercial or mixed-use property on 1.5 acres.
      837 Lynn Street, Lebanon, MO 65536
      View Details
    • $225,000
      2,270 SF

      Versatile Mixed-Use Commercial Property

      2,300 sq ft property with office and shop space.
      711 Kenoly Street, Lebanon, MO 65536
      View Details
    • $399,900
      3,200 SF

      Versatile Commercial Property in Lebanon, MO

      Spacious shop with office, kitchen, parking, and covered storage.
      22801 Sunshine Lane, Lebanon, MO 65536
      View Details
    • $514,900
      3,150 SF

      Modern Craftsman Home on Wooded Acres

      Modern craftsman home on 20 wooded acres near Bennett Spring.
      13940 INDUSTRY Road, Lebanon, MO 65536
      View Details
    • $599,900
      890 SF

      Prime Corner Lot in Lebanon

      Corner lot with high traffic, ideal for retail development.
      751 LYNN Street, Lebanon, MO 65536
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Two-story mixed-use building in prime location near Lebanon High School.
    Where is this mixed-use property located?
    The property is located at 519 N N Jefferson Avenue Lebanon, MO.
    What is the asking price?
    The asking price for this property is $349,000.
    What are key features of this property?
    This property features: Prime commercial real estate location on Jefferson Avenue.; Successful retail location for over 40 years.; Proximity to Lebanon High School.
    (417) 883-4900
    We can help!
    Listing Contact
    Justin Shadel
    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!