Commercial Land With Existing
For Sale
Contact for pricing
2536 NW COUNTY RD 591, Butler, MO 64730
Includes a former restaurant building with a residential second floor and retained food-service equipment.
Property Size6,300 SF
Price / SF$71.43
Days on Market10
Property Features for 2536 NW COUNTY RD 591
General Information
Standard status
Active
Size
6,300 SF
Class
C
Property subtype
Retail, Land
Zoning
Not Zoned
Investment Type
Redevelopment
Building Details
Year Built
1994
Stories
1
Listing Agency:
Reece Commercial Real Estate
(417) 955-1232
Listed By:
Sam Craft · License #2019042641
Source:
Crexi
Added: Jul 28
Changed: Aug 4
Last Checked: Aug 5 at 1:55PM
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 Reece Commercial Real Estate
Investment Insights
Based on property information with market context.
This 8.2-acre commercial land property includes an approximately 6,300 SF building constructed in 1994. The structure was formerly operated as a restaurant and contains a residential second floor, a walk-in cooler, and various FF&E. The property is identified as not zoned.
The site is near Exit 131 of Interstate 49 and Missouri HWY 52, providing access to both routes. Its existing improvements offer a combination of land area and an established building footprint for users evaluating the property in its current configuration.
The site is near Exit 131 of Interstate 49 and Missouri HWY 52, providing access to both routes. Its existing improvements offer a combination of land area and an established building footprint for users evaluating the property in its current configuration.
Key Highlights
- 8.2‑acre commercial land parcel
- Approximately 6,300 SF building constructed in 1994
- Former restaurant building with residential second story
Financial Insights For Industrial
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 | $37.0k | $5.88 |
| − Vacancy | −$2.0k | −$0.32 |
| EGI | $35.0k | $5.56 |
| − OpEx | −$10.5k | −$1.67 |
| NOI | $24.5k | $3.89 |
6,300 SF · lease $5.88/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$1.22M
$1.07M – $1.42M
NOI $85,277 @ 7.0% cap · market cap 18.95%
Second Best
Mixed Use
$1.07M
$935.6K – $1.25M
NOI $74,844 @ 7.0% cap · market cap 16.63%
Theoretical Best
Retail
$1.39M
$1.22M – $1.62M
NOI $97,441 @ 7.0% cap · market cap 21.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
Demographics for 64730, MO
6,803
Population
2,986
Households
2.3
Avg Household Size
42
Median Age
17%
College-Educated
91%
High-School Grad
282.3 sq mi
ZIP Area
24
Density / Sq Mi
$46,121
Median Household Income
$35,605
Median Earnings
$772
Median Rent
$170,400
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Includes a former restaurant building with a residential second floor and retained food-service equipment.
Where is this commercial land located?
The property is located at 2536 NW COUNTY RD 591 Butler, MO.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 8.2‑acre commercial land parcel; Approximately 6,300 SF building constructed in 1994; Former restaurant building with residential second story
