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    Restaurant Building with Parking Title is generated by Realmo AI

    2334 Fairlawn Drive, Carthage, MO 64836

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    Claim this Listing
    For Sale
    $782,000

    COMMERCIAL - Carthage, MO

    Property size:
    3,910 SF
    Lot size:
    0.80 Acres
    Price / SF:
    $200/SF
    Added:
    Oct 30, 2025
    Days on Market:
    244
    Last Refresh:
    Jun 30 at 2:06 pm

    Property Features for 2334 Fairlawn Drive

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    3,910 SF
    Lot size
    0.80 Acres

    Taxes and HOA fees

    Tax Annual Amount
    5823

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    2000
    Flooring type
    Ceramic, Carpet
    Roof type
    Shingle

    We can help!

    Contact an agent
    The Flanagan Group, Kimberly Flanagan

    Listing agent The Flanagan Group, Kimberly Flanagan License #2011019446

    Listing office The Essential Real Estate 526 S Main Street, joplin, MO

    Listing date Oct 30, 2025

    MLS# 256045

    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.

    HighLights

    • 3,910 SF commercial building built in 2000
    • Sits on nearly 1 acre of land
    • Currently occupied by a restaurant tenant
    • Forced air heating and central air cooling
    • Ceramic and carpet flooring
    • Shingle roof, ample parking, easy access, and road frontage

    Overview

    This for-sale commercial property is a 3,910-square-foot restaurant building situated on approximately 0.8 acres. The property is currently occupied by a restaurant tenant, offering an owner-operator or investment-minded buyer a ready-to-operate setup. The site includes ample parking and is designed for straightforward customer access.

    Located at 2334 Fairlawn Drive in Carthage, Missouri (64836), the building benefits from road frontage, providing visibility to passing traffic. The combination of lot size and site access supports day-to-day restaurant operations and makes the property workable for a range of retail-oriented uses.

    For tenants, owners, and investors evaluating food service, this building provides a practical platform to continue a restaurant concept in place. Buyers seeking an owner-operator scenario may find the current restaurant occupancy useful for planning continuity, while also having the option to reposition the space for other business uses consistent with a commercial restaurant facility. The property’s parking and frontage features are key operational considerations for customer traffic and site usability.

    Local 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 $54.9k $14.04
    − Vacancy −$2.2k −$0.56
    EGI $52.7k $13.48
    − OpEx −$13.2k −$3.37
    NOI $39.5k $10.11
    3,910 SF · lease $14.04/SF/yr · vacancy 4.00% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $564.6K
    $494.1K – $658.8K (±1% cap)
    NOI $39,525 @ 7.0% cap · market cap 5.05%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.18M
    $1.03M – $1.38M (±1% cap)
    NOI $82,579 @ 7.0% cap · market cap 10.56%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

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

    Location Insight

    • Map
    • Local Demand
    City
    Carthage
    County
    Jasper
    State
    Missouri
    Longitude
    -94.312208
    Latitude
    37.149517

    FAQs

    What type of property is this?
    Conventional restaurant - 3,910 SF restaurant building on a 0.8-acre lot with ample parking and road frontage in Carthage, MO.
    Where is this conventional restaurant located?
    The property is located at 2334 Fairlawn Drive Carthage, MO.
    What is the asking price?
    The asking price for this property is $782,000.
    What are key features of this property?
    This property features: 3,910 SF commercial building built in 2000; Sits on nearly 1 acre of land; Currently occupied by a restaurant tenant
    More about this property
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