Freestanding Restaurant
For Sale
$525,000
1291 Banning St, Marshfield, MO 65706
Freestanding restaurant property with pylon signage, walk-in refrigeration, and access from Banning Street.
Property Size3,522 SF
Lot Size0.80 Acres
Price / SF$149.06
Days on Market197
Property Features for 1291 Banning St
General Information
Standard status
Active
Size
3,522 SF
Lot size
0.80 Acres
Property subtype
Commercial
Site & Location
Drive-Thru
No
Pylon Signage
Yes
Highway Access
Yes
Road Access
Yes
Additional Details
Land Use
retail, restaurant
Amenities
walk-in cooler
walk-in freezer
pylon signage
Building Details
Year Built
2002
Buildings
1
Listing Agency:
Reece Commercial
Listed By:
Sam R. Craft · License #2019042641
(417) 955-1232
Source:
Trilakeshomesearch
Added: Apr 24
Changed: Nov 1
Last Checked: Nov 4 at 2:19PM
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 Reece Commercial
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding restaurant property occupies approximately 0.80 acres and includes an existing building constructed in 2002. Interior improvements include a walk-in cooler and a walk-in freezer, supporting continued restaurant use or a reconfigured food-service operation. Pylon signage is positioned for visibility from Interstate 44, while the site is accessed from Banning Street.
The property is located at the Marshfield interchange identified as I-44 Exit 100. Banning Street is signalized at Spur Drive, providing a defined access point to the site. Zoning is General Bus. The location and existing improvements also support consideration of restaurant or retail redevelopment, including drive-through-oriented concepts where permitted.
The property is located at the Marshfield interchange identified as I-44 Exit 100. Banning Street is signalized at Spur Drive, providing a defined access point to the site. Zoning is General Bus. The location and existing improvements also support consideration of restaurant or retail redevelopment, including drive-through-oriented concepts where permitted.
Key Highlights
- Approximately 0.80‑acre restaurant site
- Pylon signage visible from Interstate 44
- Existing walk‑in cooler and walk‑in freezer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,083
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$561,660
$561.7K
Cap Rate 7%
$401,186
$401.2K
Cap Rate 9%
$312,033
$312.0K
Market Conditions
NOI Build-Up for 3,522 SF
Gross rent
$38.9K $11.04/SF
− Vacancy
−$1.4K −$0.41/SF
EGI
$37.4K $10.63/SF
− OpEx
−$9.4K −$2.66/SF
NOI
$28.1K $7.97/SF
Area
Webster County, MO
Vacancy
3.70%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$561,660
Cap Rate 7%
$401,186
Cap Rate 9%
$312,033
Alternative Uses
Best Use
Specialty Retail
$401.2K
$351.0K – $468.1K
NOI $28,083 @ 7.0% cap · market cap 5.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$531.6K
$465.1K – $620.2K
NOI $37,211 @ 7.0% cap · market cap 7.09%
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
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
477
Businesses Nearby
165k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 68%
Shops & Services 16%
Home Improvements & Furnishings 13%
Electronics 1%
McDonald's
Dining
32,972 visits/mo
0.2 miles
SONIC Drive In
Dining
18,493 visits/mo
0.2 miles
Bomgaars
Home Improvements & Furnishings
17,247 visits/mo
0.1 miles
Wendy's
Dining
16,734 visits/mo
0.3 miles
Taco Bell
Dining
14,883 visits/mo
0.2 miles
Demographics for 65706, MO
15,784
Population
7,070
Households
2.2
Avg Household Size
40
Median Age
21%
College-Educated
91%
High-School Grad
180.0 sq mi
ZIP Area
88
Density / Sq Mi
$76,304
Median Household Income
$40,264
Median Earnings
$780
Median Rent
$234,400
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
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Freestanding restaurant property with pylon signage, walk-in refrigeration, and access from Banning Street.
Where is this conventional restaurant located?
The property is located at 1291 Banning St Marshfield, MO.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Approximately 0.80‑acre restaurant site; Pylon signage visible from Interstate 44; Existing walk‑in cooler and walk‑in freezer
