Search
Taco Town Restaurant with Renovated Building
For Sale
$405,820

2230 Fairlawn Drive, Carthage, MO 64836

COMMERCIAL - Carthage, MO

Property Size2,150 SF
Lot Size0.50 Acres
Price / SF$188.75
Days on Market175

Property Features for 2230 Fairlawn Drive

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1
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

Taxes and HOA fees

Tax Annual Amount 2821

Utilities

Heating system Heat Pump (Heating), Central
Cooling system Heat Pump, Central Air

Building Details

Year built 1960
Flooring type Ceramic
Listing Agency: REALPRO
Listed By: Brandi Haddock · License #2010034812
Added: Feb 12 Changed: Aug 4 Last Checked: Aug 6 at 4:06AM
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.

Investment Insights

Based on property information with market context.

Taco Town restaurant business with its building and equipment offered for new ownership. The property sits on a 0.5-acre lot and includes a 2,150 SF building that was built in 1960. Interior finishes include ceramic flooring, and the layout includes two bathrooms. Heating is provided by central heat and a heat pump, with cooling via central air and a heat pump.

The restaurant is positioned for visibility along a high-traffic route in Carthage, Missouri. Recent renovations are described as extensive, supporting an operating-ready presentation for the next owner.

The offering includes the building, equipment, and the going concern operations. Call for a private off-hours tour and additional information.

Key Highlights

  • 0.5‑acre lot with a 2,150 SF building
  • Taco Town restaurant business with building and equipment included
  • Built in 1960

Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $30.2k $14.04
− Vacancy −$1.2k −$0.56
EGI $29.0k $13.48
− OpEx −$7.2k −$3.37
NOI $21.7k $10.11
2,150 SF · lease $14.04/SF/yr · vacancy 4.00% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$310.5K
$271.7K – $362.2K (±1% cap)
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 (±1% cap)
NOI $45,408 @ 7.0% cap · market cap 11.19%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Electrical Service HVAC Service Bakery Garden Center

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

347
Businesses Nearby
Balanced
Demand for This Use

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

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.

Similar Off Market Nearby

  • Oriental Villa 2334 Fairlawn Ave, Carthage, MO 64836
  • Root Zero 3 609 W Fir Rd, Carthage, MO 64836

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Taco Town restaurant built in 1960 with central HVAC, heat pump, and ceramic flooring, plus renovated building and included equipment.
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: 0.5‑acre lot with a 2,150 SF building; Taco Town restaurant business with building and equipment included; Built in 1960
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