Freestanding Drive-Through
New
For Sale
$525,000
1291 Banning Street, Marshfield, MO 65706
SINGLE_FAMILY - Marshfield, MO
Property Size3,202 SF
Lot Size0.80 Acres
Price / SF$163.96
Days on Market3
Property Features for 1291 Banning Street
General Information
Property type
Residential
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
walk-in freezer
Building Details
Year built
2002
Listing Agency:
Reece Commercial
(417) 882-5710
Listed By:
Sam R. Craft · License #2019042641
(417) 955-1232
Added: Jul 28
Last Checked: Jul 30 at 1:06PM
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.
Investment Insights
Based on property information with market context.
Now available is a freestanding restaurant building on approximately 0.80 acres, offered as an exclusive listing. The property includes a +/- 3,202 SF restaurant building with walk-in cooler and freezer in place, and it is described as conducive to drive-through concepts.
The site is positioned for visibility from Interstate 44 with pylon signage. Access to Banning Street is noted from the most prominent Marshfield exit (I-44 Exit 100) and the roadway is signalized at Spur Drive.
For sale in Marshfield, Missouri, this property presents an existing restaurant use with a drive-thru-ready site configuration and redevelopment potential, subject to applicable approvals.
The site is positioned for visibility from Interstate 44 with pylon signage. Access to Banning Street is noted from the most prominent Marshfield exit (I-44 Exit 100) and the roadway is signalized at Spur Drive.
For sale in Marshfield, Missouri, this property presents an existing restaurant use with a drive-thru-ready site configuration and redevelopment potential, subject to applicable approvals.
Key Highlights
- +/- 0.80‑acre retail site with a +/- 3,202 SF freestanding restaurant building (built 2002)
- Unparalleled visibility from Interstate 44 with pylon signage
- Conducive to drive‑thru concepts
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 | $35.4k | $11.04 |
| − Vacancy | −$1.3k | −$0.41 |
| EGI | $34.0k | $10.63 |
| − OpEx | −$8.5k | −$2.66 |
| NOI | $25.5k | $7.97 |
3,202 SF · lease $11.04/SF/yr · vacancy 3.70% · expense 25.00%
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.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
89
Businesses Nearby
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?
Drive through restaurant - Freestanding restaurant building on a 0.8-acre site with walk-in cooler and freezer, positioned for drive-through concepts.
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: +/- 0.80‑acre retail site with a +/- 3,202 SF freestanding restaurant building (built 2002); Unparalleled visibility from Interstate 44 with pylon signage; Conducive to drive‑thru concepts
