Restaurant Space Below
For Sale
Contact for pricing
164 Forsyth Taneyville Road Unit A, Forsyth, MO 65653
The interior is down to its framing, ready for a new build-out and layout.
Property Size5,478 SF
Price / SF$0.41
Days on Market103
Property Features for 164 Forsyth Taneyville Road Unit A
General Information
Standard status
Active
Size
5,478 SF
Property subtype
Other
Property Condition
Severity
Major Repairs Needed
Evidence
taken down to the studs
Building Details
Year Built
1950
Listing Agency:
White Magnolia Real Estate LLC
(417) 544-0411
Listed By:
Rose Backlin · License #2017043430
(417) 331-6426
Source:
Onefiverealestate
Added: Jul 23
Changed: Nov 1
Last Checked: Nov 1 at 1:48AM
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 White Magnolia Real Estate LLC
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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.
Unit A is a restaurant-oriented commercial space within Shadow Rock Apartments in Forsyth. Its interior has been taken down to the studs, and a build-out is required. The unit was previously used as a restaurant; the next occupant can configure the space for its business needs.
There are 21 occupied apartments directly above the commercial units. Bull Shoals Lake and Shadowrock Park are nearby, with fishing, boating, kayaking, a boat ramp, playground and picnic areas in the vicinity. The property is about 20 minutes from Branson and Highway 65.
There are 21 occupied apartments directly above the commercial units. Bull Shoals Lake and Shadowrock Park are nearby, with fishing, boating, kayaking, a boat ramp, playground and picnic areas in the vicinity. The property is about 20 minutes from Branson and Highway 65.
Key Highlights
- 21 occupied apartments are located directly above the commercial spaces
- Unit A interior has been taken down to the studs; build‑out required
- Near Bull Shoals Lake and Shadowrock Park
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,376
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,107,520
$1.1M
Cap Rate 7%
$791,086
$791.1K
Cap Rate 9%
$615,289
$615.3K
Market Conditions
NOI Build-Up for 5,478 SF
Gross rent
$76.9K $14.04/SF
− Vacancy
−$3.1K −$0.56/SF
EGI
$73.8K $13.48/SF
− OpEx
−$18.5K −$3.37/SF
NOI
$55.4K $10.11/SF
Area
Taney County, MO
Vacancy
4.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,107,520
Cap Rate 7%
$791,086
Cap Rate 9%
$615,289
Alternative Uses
Best Use
Specialty Retail
$791.1K
$692.2K – $922.9K
NOI $55,376 @ 7.0% cap · market cap 2,452.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.07M
$936.7K – $1.25M
NOI $74,939 @ 7.0% cap · market cap 3,318.82%
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
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 65653, MO
5,806
Population
2,894
Households
2
Avg Household Size
50
Median Age
20%
College-Educated
92%
High-School Grad
63.8 sq mi
ZIP Area
91
Density / Sq Mi
$47,929
Median Household Income
$34,470
Median Earnings
$719
Median Rent
$181,400
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?
Conventional restaurant - The interior is down to its framing, ready for a new build-out and layout.
Where is this conventional restaurant located?
The property is located at 164 Forsyth Taneyville Road Unit A Forsyth, MO.
What are key features of this property?
This property features: 21 occupied apartments are located directly above the commercial spaces; Unit A interior has been taken down to the studs; build‑out required; Near Bull Shoals Lake and Shadowrock Park
