Office Building with Flexible
For Sale
Contact for pricing
269 State Highway 248, Branson, MO 65616
Versatile office building with 20+ private offices, conference rooms, and reception space on 4.28 acres.
Property Size11,285 SF
Lot Size4.28 Acres
Price / SF$124.06
Days on Market71
Property Features for 269 State Highway 248
General Information
Standard status
Active
Size
11,285 SF
Class
B
Total Parking Spaces
40
Lot size
4.28 Acres
Property subtype
Office, Hospitality, Mixed Use
Lease Type
Gross
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
private offices
work areas
conference rooms
reception space
Building Details
Year Built
1989
Stories
4
Units
22
Tenancy
Multi
Listing Agency:
Gerken & Associates, Inc.
Listed By:
Dave Dove · License #2015003767
(417) 593-0336
Source:
Crexi
Added: Jun 29
Changed: Aug 25
Last Checked: Sep 7 at 5:47AM
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 Gerken & Associates, Inc.
Investment Insights
Based on property information with market context.
This for-sale commercial office property at 269 State Highway 248 offers more than 11,000 square feet of office space with a flexible layout. The interior includes 20+ private offices, multiple work areas, conference rooms, and reception space, supporting a range of professional workflows and multi-department operations.
The property sits on 4.28 acres along State Highway 248, providing convenient access to Highway 65. It is positioned just minutes from Branson Landing, Cox Medical Center Branson, and nearby shopping, dining, lodging, and local attractions, making it well-suited for organizations that need straightforward access for employees, clients, and customers. An adjoining property at MLS #60300960 (000 State Highway 248) is also available for buyers seeking additional room for expansion or future development.
The property sits on 4.28 acres along State Highway 248, providing convenient access to Highway 65. It is positioned just minutes from Branson Landing, Cox Medical Center Branson, and nearby shopping, dining, lodging, and local attractions, making it well-suited for organizations that need straightforward access for employees, clients, and customers. An adjoining property at MLS #60300960 (000 State Highway 248) is also available for buyers seeking additional room for expansion or future development.
Key Highlights
- 1989‑built commercial property with 11,000+ sq ft of office space for a variety of uses.
- 20+ private offices plus conference rooms and flexible reception/work areas.
- Set on 4.28 acres with direct frontage on State Highway 248.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$116,800
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.34%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,336,000
$2.3M
Cap Rate 7%
$1,668,571
$1.7M
Cap Rate 9%
$1,297,778
$1.3M
Market Conditions
NOI Build-Up for 11,285 SF
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.
Gross rent
$169.3K $15.00/SF
− Vacancy
−$13.5K −$1.20/SF
EGI
$155.7K $13.80/SF
− OpEx
−$38.9K −$3.45/SF
NOI
$116.8K $10.35/SF
Area
Taney County, MO
Vacancy
8.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,336,000
Cap Rate 7%
$1,668,571
Cap Rate 9%
$1,297,778
Alternative Uses
Best Use
Office B
$1.67M
$1.46M – $1.95M
NOI $116,800 @ 7.0% cap · market cap 8.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.21M
$1.93M – $2.57M
NOI $154,379 @ 7.0% cap · market cap 11.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
878
Businesses Nearby
Explore this area
Business Placement
Demographics for 65616, MO
27,562
Population
16,419
Households
1.7
Avg Household Size
43
Median Age
30%
College-Educated
90%
High-School Grad
76.5 sq mi
ZIP Area
360
Density / Sq Mi
$60,253
Median Household Income
$29,892
Median Earnings
$975
Median Rent
$243,000
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Versatile office building with 20+ private offices, conference rooms, and reception space on 4.28 acres.
Where is this office building located?
The property is located at 269 State Highway 248 Branson, MO.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 1989‑built commercial property with 11,000+ sq ft of office space for a variety of uses.; 20+ private offices plus conference rooms and flexible reception/work areas.; Set on 4.28 acres with direct frontage on State Highway 248.
