Taco Town Franchise
For Sale
$405,820
2230 Fairlawn Drive, Carthage, MO 64836
The sale includes an operating franchise, restaurant building, and equipment in Carthage.
Property Size2,150 SF
Price / SF$188.75
Days on Market267
Property Features for 2230 Fairlawn Drive
General Information
Standard status
Active
Size
2,150 SF
Property subtype
Commercial
Additional Details
Business Included
Yes
Equipment Included
Yes
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$2,182
Building Details
Building Size
2,150 SF
Year Built
1960
Buildings
1
Listing Agency:
RealPro
(417) 358-4441
Listed By:
Brandi Haddock · License #2010034812
(417) 540-6796
Source:
Jimhutchesonrealtors
Added: Feb 13
Changed: Nov 3
Last Checked: Nov 4 at 8:03AM
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 RealPro
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Investment Insights
Based on property information with market context.
This Carthage restaurant property combines a 2,150-square-foot building with restaurant equipment and the operating Taco Town franchise. The business has served as a family-run operation since 1960, and the building has undergone extensive renovations.
Located at 2230 Fairlawn Drive in Carthage, Missouri, the property is offered with the business as a going concern. Franchise expansion into southwest Missouri is identified as a possibility.
Located at 2230 Fairlawn Drive in Carthage, Missouri, the property is offered with the business as a going concern. Franchise expansion into southwest Missouri is identified as a possibility.
Key Highlights
- 2,150‑square‑foot restaurant building
- Sale includes restaurant equipment and the operating Taco Town franchise
- Family‑run business serving Carthage since 1960
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,734
Cap Rate
5.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$434,680
$434.7K
Cap Rate 7%
$310,486
$310.5K
Cap Rate 9%
$241,489
$241.5K
Market Conditions
NOI Build-Up for 2,150 SF
Gross rent
$30.2K $14.04/SF
− Vacancy
−$1.2K −$0.56/SF
EGI
$29.0K $13.48/SF
− OpEx
−$7.2K −$3.37/SF
NOI
$21.7K $10.11/SF
Area
Jasper 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%
$434,680
Cap Rate 7%
$310,486
Cap Rate 9%
$241,489
Alternative Uses
Best Use
Specialty Retail
$310.5K
$271.7K – $362.2K
NOI $21,734 @ 7.0% cap · market cap 5.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$648.7K
$567.6K – $756.8K
NOI $45,408 @ 7.0% cap · market cap 11.19%
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
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
347
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 64836, MO
25,334
Population
10,241
Households
2.5
Avg Household Size
37
Median Age
24%
College-Educated
82%
High-School Grad
184.1 sq mi
ZIP Area
138
Density / Sq Mi
$58,775
Median Household Income
$35,311
Median Earnings
$883
Median Rent
$157,700
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
Similar Off Market Nearby
- Root Zero 3 — 609 W Fir Rd, Carthage, MO 64836
- Oriental Villa — 2334 Fairlawn Ave, Carthage, MO 64836
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The sale includes an operating franchise, restaurant building, and equipment in Carthage.
Where is this conventional restaurant located?
The property is located at 2230 Fairlawn Drive Carthage, MO.
What is the asking price?
The asking price for this property is $405,820.
What are key features of this property?
This property features: 2,150‑square‑foot restaurant building; Sale includes restaurant equipment and the operating Taco Town franchise; Family‑run business serving Carthage since 1960
