Restaurant
New
For Sale
$1,500,000
1830 E Jackson Boulevard, Jackson, MO 63755
Commercial Sale, Jackson, MO
Property Size6,420 SF
Lot Size1.14 Acres
Price / SF$233.64
Days on Market3
Property Features for 1830 E Jackson Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Security features
Security System
Appliances
Water Heater
Subdivision
Litz Brother Subd
Standard status
Active
APN
15-118-00-05-00401-0000
Lot size
1.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7426
Utilities
Heating system
Natural Gas, Forced Air
Cooling system
Ceiling Fan(s), Central Air, Electric
Water source
Public
Building Details
Year built
1985
Floors in Building
1
Flooring type
Tile
Building materials
Brick, Stone, Vinyl Siding
Listing Agency:
Century 21 Ashland Realty · Century 21 Real Estate
(573) 334-2121
Listed By:
Sandy Tegel · License #2001014505
(573) 979-5719
Added: Sep 25
Changed: Sep 26
Last Checked: Sep 27 at 3:06AM
MLS# 26062043
Copyright © 2026 Mid America Regional Information Systems, Inc. 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.
The restaurant building contains 6,420 square feet and sits on a 1.140-acre parcel. The restaurant remains in operation as the building and real estate are marketed for sale. Built in 1985, the structure has brick, stone, and vinyl siding, with tile flooring, natural gas forced-air heat, and central air conditioning. Public water serves the property.
The site is zoned C-2 Commercial and is located at 1830 E Jackson Boulevard in Jackson, Missouri.
The site is zoned C-2 Commercial and is located at 1830 E Jackson Boulevard in Jackson, Missouri.
Key Highlights
- 6,420‑square‑foot restaurant building
- 1.140‑acre parcel
- C‑2 Commercial zoning
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
$64,898
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
4.33%
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%
$1,297,960
$1.3M
Cap Rate 7%
$927,114
$927.1K
Cap Rate 9%
$721,089
$721.1K
Market Conditions
NOI Build-Up for 6,420 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
$90.1K $14.04/SF
− Vacancy
−$3.6K −$0.56/SF
EGI
$86.5K $13.48/SF
− OpEx
−$21.6K −$3.37/SF
NOI
$64.9K $10.11/SF
Area
Cape Girardeau 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 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%
$1,297,960
Cap Rate 7%
$927,114
Cap Rate 9%
$721,089
Alternative Uses
Best Use
Specialty Retail
$927.1K
$811.2K – $1.08M
NOI $64,898 @ 7.0% cap · market cap 4.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.03M
$1.77M – $2.36M
NOI $141,777 @ 7.0% cap · market cap 9.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
217
Businesses Nearby
76k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 88%
Shops & Services 12%
McDonald's
Dining
22,097 visits/mo
0.4 miles
Taco Bell
Dining
13,755 visits/mo
0.4 miles
Burger King
Dining
12,579 visits/mo
0.3 miles
Wings Etc.
Dining
8,831 visits/mo
0.2 miles
El Torero
Dining
4,867 visits/mo
0.0 miles
Demographics for 63755, MO
27,496
Population
10,867
Households
2.5
Avg Household Size
39
Median Age
35%
College-Educated
95%
High-School Grad
177.1 sq mi
ZIP Area
155
Density / Sq Mi
$82,841
Median Household Income
$41,876
Median Earnings
$977
Median Rent
$233,400
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - The restaurant is operating while its building and real estate are offered for sale.
Where is this conventional restaurant located?
The property is located at 1830 E Jackson Boulevard Jackson, MO.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 6,420‑square‑foot restaurant building; 1.140‑acre parcel; C‑2 Commercial zoning
