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Victorian Hotel Property with Turret
For Sale
$1,080,000
Pending

1482 Lake Shore Drive, Branson, MO 65616

COMMERCIAL - Branson, MO

Property Size8,000 SF
Lot Size0.70 Acres
Days on Market118

Property Features for 1482 Lake Shore Drive

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 12
Full bathrooms 12
Rooms Bathroom 8, Bathroom 10, Bathroom 2, Bathroom 5, Bathroom 3, Bathroom 7, Bathroom 11, Bathroom 1, Bathroom 9, Bathroom 6, Bathroom 4, Bathroom 12
View Lake
Directions Business 65 & East 76 across Lake Taneycomo to left on East Hwy 76 to left on Lakeshore Drive.
Standard status Pending
APN 08-8.0-28-000-000-086.002
Lot size 0.70 Acres

Taxes and HOA fees

Tax Description See Deed
Legal Description See Deed

Utilities

Utilities Electricity Available
Heating system Propane (Heating), Electric (Heating)
Cooling system Electric, Ceiling Fan(s), Central Air

Amenities

wraparound porch

Building Details

Year built 1995
Roof type Composition
Listing Agency: Gerken & Associates, Inc.
Listed By: Dave Dove · License #2015003767
Added: May 1 Changed: Aug 18 Last Checked: Aug 26 at 5:06AM
MLS# 60322467

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.

Built in 1995, this Victorian-style hospitality property occupies 0.7 acres and includes 18 bedrooms and 12 bathrooms. The approximately over 8,000-square-foot building features a distinctive turret and wraparound porch, with interior areas suited to guest accommodations, shared spaces, dining, gatherings, and events. C1 zoning supports its commercial hospitality positioning.

The property is located at 1482 Lake Shore Drive in Branson, near Branson Landing and Lake Taneycomo. Heating is provided by propane and electric systems, while cooling includes central air, electric service, and ceiling fans. The property also has electricity available and a composition roof.

Key Highlights

  • 18‑bedroom, 12‑bathroom hospitality property
  • Over 8,000 square feet on 0.7 acres
  • C1‑zoned commercial property

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
$51,300
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
4.75%
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%
$1,026,000 $1.0M
Cap Rate 7%
$732,857 $732.9K
Cap Rate 9%
$570,000 $570.0K
Market Conditions
NOI Build-Up for 8,000 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
$120.0K $15.00/SF
− Vacancy
−$12.0K −$1.50/SF
EGI
$108.0K $13.50/SF
− OpEx
−$56.7K −$7.09/SF
NOI
$51.3K $6.41/SF
Area
Taney County, MO
Vacancy
10.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
52.50%
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%
$1,026,000
Cap Rate 7%
$732,857
Cap Rate 9%
$570,000

Alternative Uses

Best Use
Hotel Hospitality
$732.9K
$641.3K – $855.0K (±1% cap)
NOI $51,300 @ 7.0% cap · market cap 4.75%
Second Best
no second resolved use
Theoretical Best
Office A
$1.56M
$1.37M – $1.82M (±1% cap)
NOI $109,440 @ 7.0% cap · market cap 10.13%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Barnabas House Bed ... Bed & Breakfast

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Hair Salon Law Firm HVAC Service Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

128
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Hotel - Eighteen bedrooms, twelve bathrooms, and a wraparound porch support lodging and event functions.
Where is this hotel located?
The property is located at 1482 Lake Shore Drive Branson, MO.
What is the asking price?
The asking price for this property is $1,080,000.
What are key features of this property?
This property features: 18‑bedroom, 12‑bathroom hospitality property; Over 8,000 square feet on 0.7 acres; C1‑zoned commercial property
More about this property
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