Taco Town Restaurant with
For Sale
$405,820
2230 Fairlawn Drive, Carthage, MO 64836
Commercial Sale, Carthage, MO
Property Size2,150 SF
Lot Size0.50 Acres
Price / SF$188.75
Days on Market268
Property Features for 2230 Fairlawn Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Directions
North on Busn. 71; Exit 50 (Fir Rd/ Mo-HH); East (right) on Fir Rd to Grand Ave at light. East on Grand Ave heading due North to round-a-bout leading to Fairlawn Drive. Business on North side.
Subdivision
09 - Carthage Area
Standard status
Active
APN
14501610016001000
Size
2,150 SF
Lot size
0.50 Acres
Additional Details
Business Included
Yes
Taxes and HOA fees
Tax Annual Amount
2821
Utilities
Heating system
Heat Pump (Heating), Central
Cooling system
Central Air, Heat Pump
Building Details
Year built
1960
Flooring type
Ceramic
Listing Agency:
REALPRO
(417) 358-4441
Listed By:
Brandi Haddock · License #2010034812
(417) 540-6796
Added: Feb 12
Changed: Oct 27
Last Checked: Nov 6 at 6:06AM
MLS# 260777
Copyright © 2026 Ozark Gateway 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.
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Investment Insights
Based on property information with market context.
This conventional restaurant property includes the building, equipment, and an operating Taco Town franchise business. The approximately 2,150-square-foot facility occupies a 0.5-acre parcel and contains two bathrooms, ceramic flooring, central air conditioning, and heat-pump heating and cooling. Building renovations and an established restaurant operation are part of the offering.
Constructed in 1960, the property is located at 2230 Fairlawn Drive in Carthage, Missouri. The sale includes the going concern associated with the Taco Town franchise, providing an existing restaurant format with its physical improvements and equipment in place.
Constructed in 1960, the property is located at 2230 Fairlawn Drive in Carthage, Missouri. The sale includes the going concern associated with the Taco Town franchise, providing an existing restaurant format with its physical improvements and equipment in place.
Key Highlights
- Taco Town franchise and operating restaurant business included
- 2,150 square feet on a 0.5‑acre parcel
- Building renovations and restaurant equipment included
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
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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 - Renovated franchise restaurant operation with ceramic flooring and central heating and cooling.
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: Taco Town franchise and operating restaurant business included; 2,150 square feet on a 0.5‑acre parcel; Building renovations and restaurant equipment included
