Search
Five-Screen Cinema-Anchored Commercial Property
For Sale
$1,350,000

1651 Highway O, Gravois Mills, MO 65037

CommercialSale, Gravois Mills, MO

Property Size24,000 SF
Lot Size10.68 Acres
Price / SF$56.25
Days on Market183

Property Features for 1651 Highway O

General Information

Property type Commercial Sale
Property subtype Office
Zoning C-1
Parking 120
Lot features Gentle Sloping, Level, Manufactured Home Pad
Directions From the O Road intersection on Hwy 5 in Laurie travel 3.1 miles until you see the Cinema and business complex on the right.
Subdivision K
Standard status Active
APN 205015400001016000
Size 24,000 SF
Lot size 10.68 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Morgan County parcel numbers 205015400001016000 and 205015300001075002 totally approx. 10.68 acres according to county records. Full legal to govern.
Tax Annual Amount 23348
Legal Description Morgan County parcel numbers 205015400001016000 and 205015300001075002 totally approx. 10.68 acres according to county records. Full legal to govern.

Utilities

Sewer type Public Sewer
Heating system Forced Air, Electric (Heating)
Cooling system Central Air
Water source Public

Amenities

level ground
multiple pad sites for expansion
Co-Mo fiber optic internet

Building Details

Year built 1998
Building materials Block
Roof type Flat
Listing Agency: Weichert, Realtors(R) - Laurie Realty
Listed By: Billy Boulden DR · License #2018004165
Added: Mar 24 Changed: Sep 16 Last Checked: Sep 22 at 10:06AM
MLS# 3585096

Copyright © 2026 Bagnell Dam Association of Realtors. 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.

This C-1 commercial property spans 10.68 acres and includes approximately 24,000 square feet of improvements. The site is anchored by a 5-screen cinema, with additional retail spaces, a restaurant location, and a separate ATM tenant. Level terrain, block construction, flat roofing, electric forced-air heat, and central air conditioning support the existing improvements. The cinema business and equipment are excluded from the sale, while the seller will provide a 5-year cinema lease at closing.

The property offers 1,200 feet of frontage on Hwy O, sits across from a golf course, and includes 100+ parking spaces. Public sewer, electric service, Co-Mo fiber optic internet, and public water are present or planned, with city water scheduled to come in April 2026. Multiple pad sites provide additional development area, subject to applicable approvals.

Key Highlights

  • 10.68‑acre C‑1 commercial property with approximately 24,000 square feet of improvements
  • 5‑screen cinema anchors the site; cinema business and equipment are excluded
  • 1,200 feet of frontage on Hwy O across from a golf course

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

VIP Lake West ... Cinema Lake Life Property ... Vacation Rental Photographic Artistry and Images Wedding Service

Suggested Use

Top Pick Big Box & Wholesale Store Storage Facility Accounting Firm Hotel & Motel Restaurant Bar & Pub

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

Lease Details

Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

19
Businesses Nearby

Demographics for 65037, MO

4,732
Population
5,426
Households
0.9
Avg Household Size
59
Median Age
20%
College-Educated
91%
High-School Grad
79.2 sq mi
ZIP Area
60
Density / Sq Mi
$66,404
Median Household Income
$33,221
Median Earnings
$791
Median Rent
$250,300
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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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?
Theater & concert hall - C-1 commercial property combines cinema, retail, restaurant, and ATM space with public utilities and expansion pads.
Where is this theater & concert hall located?
The property is located at 1651 Highway O Gravois Mills, MO.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 10.68‑acre C‑1 commercial property with approximately 24,000 square feet of improvements; 5‑screen cinema anchors the site; cinema business and equipment are excluded; 1,200 feet of frontage on Hwy O across from a golf course
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message