Open-Plan Office
For Sale
$399,900
714 State Highway 248 Unit 1, Branson, MO 65616
An adaptable interior layout gives businesses room to configure the space around their operations.
Property Size2,417 SF
Price / SF$165.45
Days on Market727
Property Features for 714 State Highway 248 Unit 1
General Information
Standard status
Active
Size
2,417 SF
Property subtype
Office
Additional Details
Property Use
Office
Taxes and HOA fees
Annual Taxes
$2,738
Building Details
Building Size
2,417 SF
Year Built
2009
Listing Agency:
Keller Williams Tri-Lakes
Listed By:
Carolyn Crispin Team · License #2004031070
(417) 501-9111
Source:
Stepaboverealty
Added: Nov 4, 2024
Changed: Oct 31
Last Checked: Oct 31 at 11:20AM
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
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Investment Insights
Based on property information with market context.
This office unit contains 2,417 square feet with an open interior that can be arranged to suit a business’s needs. The property was built in 2009 and is located at 714 State Highway 248, Unit 1, in Branson, Missouri.
Key Highlights
- 2,417 square feet of open‑plan office space
- Built in 2009
- Located at 714 State Highway 248, Unit 1, Branson, Missouri
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,016
Cap Rate
6.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$500,320
$500.3K
Cap Rate 7%
$357,371
$357.4K
Cap Rate 9%
$277,956
$278.0K
Market Conditions
NOI Build-Up for 2,417 SF
Gross rent
$36.3K $15.00/SF
− Vacancy
−$2.9K −$1.20/SF
EGI
$33.4K $13.80/SF
− OpEx
−$8.3K −$3.45/SF
NOI
$25.0K $10.35/SF
Area
Taney County, MO
Vacancy
8.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$500,320
Cap Rate 7%
$357,371
Cap Rate 9%
$277,956
Alternative Uses
Best Use
Office B
$357.4K
$312.7K – $416.9K
NOI $25,016 @ 7.0% cap · market cap 6.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$472.4K
$413.3K – $551.1K
NOI $33,065 @ 7.0% cap · market cap 8.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
701
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - An adaptable interior layout gives businesses room to configure the space around their operations.
Where is this office unit located?
The property is located at 714 State Highway 248 Unit 1 Branson, MO.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 2,417 square feet of open‑plan office space; Built in 2009; Located at 714 State Highway 248, Unit 1, Branson, Missouri
