Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Versatile Commercial Property with Upgrades Title is generated by Realmo AI

    1665 Santa Fe Trl, Marshall, MO 65340

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Adaptable commercial space with stage, bars, and ample parking.

    Type:Retail, Industrial
    Property size:
    15,200 SF
    Lot size:
    3.00 Acres
    Price / SF:
    $49/SF
    Added:
    Feb 28, 2026
    Days on Market:
    74
    Last Refresh:
    Mar 17 at 1:16 pm

    Property Features for 1665 Santa Fe Trl

    General Information

    Standard status
    Active
    Size
    15,200 SF
    Lot size
    3.00 Acres
    Property subtype
    Retail, Industrial

    We can help!

    Listing Contact
    Nicci Garmon

    Listing agent Nicci Garmon License #MO

    Listing office CENTURY 21 Community

    Listing date Feb 28, 2026

    Source Crexi

    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 CENTURY 21 Community

    HighLights

    • Over 15,000 sq ft building on almost 3 acres
    • Suitable for diverse business ventures (e.g., event venue, karaoke bar, industrial business)
    • Major upgrades in 2013: new wood, wrought iron, and electrical (including 220 power on stage)
    • Includes large public bathrooms, two spacious bars, dance floor, and stage
    • Equipped with a kitchen, walk‑in cooler, private office/sleeping area and bath
    • Features a 150K fire suppression system

    Overview

    This property, featuring over 15,000 square feet on almost 3 acres, presents a multitude of opportunities. Major upgrades completed in 2013 include new wood, wrought iron, and electrical systems, including 220 power on stage. The property is equipped with large public bathrooms, two spacious bars, a dance floor, and a stage. It also includes a kitchen with a walk-in cooler, a private office/sleeping area with a bath, and an attic area offering extra storage space. A 150K fire suppression system is in place, and ample parking is available. The property is located in the southwest quarter of the northeast quarter of section 9, township 50 north, range 21 west. Potential business uses include a country line dancing hall, industrial business, karaoke bar, pool hall, skating rink, antique mall, or event venue. The owner is open to considering demolition to suit specific needs.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Skating rinks

    Map

    City
    Marshall
    County
    Saline
    State
    Missouri
    Longitude
    -93.1988
    Latitude
    39.0733

    Nearby Similar for Sale

    • $359,000

      Marshall, MO Commercial Property

      Commercial building with warehouse space, offices, and basement.
      121 Lafayette Ave, Marshall, MO 65340
      View Details
    • $840,000

      Versatile Commercial Building on 4 Acres

      8000 sq ft commercial building on 4 acres near I-70.
      26274 State Rte H, Marshall, MO 65340
      View Details
    • $299,000

      Marshall, MO Commercial Building

      Spacious building near Highway 65, suitable for various businesses.
      924 Morrow St., Marshall, MO 65340
      View Details
    • $119,000

      Commercial Building in Marshall, MO

      Large commercial building with showroom and shop in Marshall, MO.
      109 Russell, Marshall, MO 65340
      View Details
    • $359,000
      11,710 SF

      Versatile Commercial Building with Warehouse

      Multi-use building featuring warehouse, office, and retail potential.
      121 N Lafayette Ave, Marshall, MO 65340
      View Details

    FAQs

    What type of property is this?
    Skating rink - Adaptable commercial space with stage, bars, and ample parking.
    Where is this skating rink located?
    The property is located at 1665 Santa Fe Trl Marshall, MO.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: Over 15,000 sq ft building on almost 3 acres; Suitable for diverse business ventures (e.g., event venue, karaoke bar, industrial business); Major upgrades in 2013: new wood, wrought iron, and electrical (including 220 power on stage)
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Nicci Garmon
    Real Estate License ID: MO
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1665 Santa Fe Trl, Marshall, MO 65340
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!