Freestanding Restaurant
For Sale
Contact for pricing
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 Market10
Property Features for 1291 BANNING ST
General Information
Standard status
Active
Size
3,522 SF
Lot size
0.80 Acres
Property subtype
Retail, Land
Zoning
General Bus.
Investment Type
Redevelopment
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
Stories
1
Units
1
Listing Agency:
Reece Commercial Real Estate
(417) 955-1232
Listed By:
Sam Craft · License #2019042641
Source:
Crexi
Added: Jul 28
Changed: Aug 4
Last Checked: Aug 4 at 5:53AM
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 Real Estate
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 For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.9k | $11.04 |
| − Vacancy | −$1.4k | −$0.41 |
| EGI | $37.4k | $10.63 |
| − OpEx | −$9.4k | −$2.66 |
| NOI | $28.1k | $7.97 |
3,522 SF · lease $11.04/SF/yr · vacancy 3.70% · expense 25.00%
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.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
89
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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
