Freestanding Restaurant with Pylon
For Sale
$525,000
1291 Banning Street, Marshfield, MO 65706
Commercial Sale, Marshfield, MO
Property Size3,202 SF
Lot Size0.80 Acres
Price / SF$163.96
Days on Market94
Property Features for 1291 Banning Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Directions
Exit 100 on I-44. Left at Banning from Spur. Property on N side of road.
Standard status
Active
APN
112004003002002100
Lot size
0.80 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Lt 4-A Amended Lt 4 Of Amended Third Brownwell Addition
Tax Annual Amount
8647
Legal Description
Lt 4-A Amended Lt 4 Of Amended Third Brownwell Addition
Amenities
pylon signage
walk-in cooler
freezer
Building Details
Year built
2002
Listing Agency:
Reece Commercial
(417) 882-5710
Listed By:
Sam R. Craft
(417) 955-1232
Added: Jul 28
Changed: Oct 17
Last Checked: Oct 29 at 5:06AM
MLS# 60329942
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.
The property includes a freestanding restaurant building of approximately 3,202 SF on about 0.80 acres. Constructed in 2002, the building contains a walk-in cooler and walk-in freezer, along with two bathrooms. The site is positioned for drive-through restaurant concepts and may also support redevelopment, as described in the offering materials.
Access is provided from Banning Street near I-44 Exit 100, with a signalized connection at Spur Drive. Pylon signage provides visibility from Interstate 44, which links the Marshfield area with St. Louis, Springfield, Joplin, Tulsa, and other regional markets.
Access is provided from Banning Street near I-44 Exit 100, with a signalized connection at Spur Drive. Pylon signage provides visibility from Interstate 44, which links the Marshfield area with St. Louis, Springfield, Joplin, Tulsa, and other regional markets.
Key Highlights
- Approximately 0.80‑acre restaurant site
- Freestanding building measures approximately 3,202 SF
- Constructed in 2002
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,532
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$510,640
$510.6K
Cap Rate 7%
$364,743
$364.7K
Cap Rate 9%
$283,689
$283.7K
Market Conditions
NOI Build-Up for 3,202 SF
Gross rent
$35.4K $11.04/SF
− Vacancy
−$1.3K −$0.41/SF
EGI
$34.0K $10.63/SF
− OpEx
−$8.5K −$2.66/SF
NOI
$25.5K $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%
$510,640
Cap Rate 7%
$364,743
Cap Rate 9%
$283,689
Alternative Uses
Best Use
Specialty Retail
$364.7K
$319.2K – $425.5K
NOI $25,532 @ 7.0% cap · market cap 4.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$483.3K
$422.9K – $563.8K
NOI $33,830 @ 7.0% cap · market cap 6.44%
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
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?
Drive through restaurant - Restaurant property with interstate exposure, drive-through redevelopment potential, and existing refrigeration infrastructure.
Where is this drive through restaurant located?
The property is located at 1291 Banning Street 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; Freestanding building measures approximately 3,202 SF; Constructed in 2002
