Commercial Office
For Sale
$825,000
5-714 State Highway 248, Branson, MO 65616
Office property configured for medical, professional, and specialized service users.
Property Size5,184 SF
Price / SF$159.14
Days on Market642
Property Features for 5-714 State Highway 248
General Information
Standard status
Active
Size
5,184 SF
Taxes and HOA fees
Annual Taxes
$2,738
Building Details
Buildings
1
Building Size
5,184 SF
Listing Agency:
Keller Williams Tri-Lakes
(417) 501-9111
Listed By:
Carolyn Crispin Team · License #2004031070
(417) 501-9111
Source:
Exprealty
Added: Nov 26, 2024
Changed: Aug 30
Last Checked: Aug 30 at 5:37AM
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 Tri-Lakes
Investment Insights
Based on property information with market context.
This 5,184-square-foot office building offers commercial space suited to medical professionals, office tenants, and specialized service providers. The property is located at 5-714 State Highway 248 in Branson, Missouri, providing a highway-addressed setting for office operations and client-facing services.
Key Highlights
- 5,184‑square‑foot commercial office building
- Located at 5‑714 State Highway 248, Branson, MO
- Suitable for medical professionals, office tenants, and specialized service providers
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$64,889
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.87%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,297,780
$1.3M
Cap Rate 7%
$926,986
$927.0K
Cap Rate 9%
$720,989
$721.0K
Market Conditions
NOI Build-Up for 5,184 SF
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.
Gross rent
$113.8K $21.96/SF
− Vacancy
−$5.7K −$1.10/SF
EGI
$108.1K $20.86/SF
− OpEx
−$43.3K −$8.34/SF
NOI
$64.9K $12.52/SF
Area
Taney County, MO
Vacancy
5.00%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,297,780
Cap Rate 7%
$926,986
Cap Rate 9%
$720,989
Alternative Uses
Best Use
Healthcare Medical
$927.0K
$811.1K – $1.08M
NOI $64,889 @ 7.0% cap · market cap 7.87%
Second Best
Office B
$766.5K
$670.7K – $894.2K
NOI $53,654 @ 7.0% cap · market cap 6.50%
Theoretical Best
Office A
$1.01M
$886.5K – $1.18M
NOI $70,917 @ 7.0% cap · market cap 8.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
779
Businesses Nearby
Explore this area
Business Placement
Demographics for 65616, MO
27,562
Population
16,419
Households
1.7
Avg Household Size
43
Median Age
30%
College-Educated
90%
High-School Grad
76.5 sq mi
ZIP Area
360
Density / Sq Mi
$60,253
Median Household Income
$29,892
Median Earnings
$975
Median Rent
$243,000
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office property configured for medical, professional, and specialized service users.
Where is this office building located?
The property is located at 5-714 State Highway 248 Branson, MO.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 5,184‑square‑foot commercial office building; Located at 5‑714 State Highway 248, Branson, MO; Suitable for medical professionals, office tenants, and specialized service providers
