Church with Insulated
For Sale
$429,000
27906 County Road 316, Urbana, MO 65767
Commercial Sale, Urbana, MO
Property Size3,000 SF
Lot Size1.42 Acres
Price / SF$143
Days on Market143
Property Features for 27906 County Road 316
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bathroom 3, Bathroom 2
Parking
3440
Subdivision
Peaceful Acres
Directions
From Urbana take H Highway to CR 316
Standard status
Active
APN
09-8.0-28-000-000-010.000
Lot size
1.42 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
Lots 25 & 26 In Peaceful Acres Subdivision (Less B Eg Sw Cor Lot 25 Th E 60 .2' Th N 200.7' To Pt 23. 6' Ne Of Nw Cor Lot 25 Th Sw To Nw Cor Lot 25 Th S 189.7' To Pob)
Tax Annual Amount
1108
Legal Description
Lots 25 & 26 In Peaceful Acres Subdivision (Less B Eg Sw Cor Lot 25 Th E 60 .2' Th N 200.7' To Pt 23. 6' Ne Of Nw Cor Lot 25 Th Sw To Nw Cor Lot 25 Th S 189.7' To Pob)
Utilities
Heating system
Pellet Stove, Forced Air
Cooling system
Central Air
Building Details
Year built
1978
Listing Agency:
Century 21 Peterson Real Estate · Century 21 Real Estate
(417) 745-6798
Listed By:
Pamela J. Colvin
(816) 914-2193
Added: Jun 2
Changed: Oct 18
Last Checked: Oct 22 at 6:06PM
MLS# 60328977
Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). 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 church property includes a remodeled home with open-concept main living and multiple living areas, plus an insulated shop designed for versatile use. The shop is approximately 50 x 60 feet and features a 14-foot overhead door, insulated space, concrete floors, heat and a/c, and a propane stove, along with a kitchen, laundry area, and a bathroom. The main home offers an oversized entryway opening to the main living area, with a kitchen that includes granite countertops, abundant cabinetry, and a large bar area, plus convenient laundry and pantry space. The main level has two bedrooms and a full bathroom, and the walkout lower level includes a large family room with a pellet stove, three additional bedrooms, an office, and a kitchenette with a full bathroom and walkout entry access to the shop.
Outside, the property sits on a 1.42-acre lot that has been surveyed, with asphalt road frontage, oversized parking, and a second drive to the shop. Amenities include a covered front patio, a spacious 16 x 32 deck, and a tree house. A NEW private well supports the property. The shop includes its own driveway access, and the home provides additional covered outdoor space for day-to-day use.
Location-wise, the property is minutes from Pomme de Terre Lake, with 2 boat ramps/lake access less than a mile away, and it is in the Skyline school district.
Outside, the property sits on a 1.42-acre lot that has been surveyed, with asphalt road frontage, oversized parking, and a second drive to the shop. Amenities include a covered front patio, a spacious 16 x 32 deck, and a tree house. A NEW private well supports the property. The shop includes its own driveway access, and the home provides additional covered outdoor space for day-to-day use.
Location-wise, the property is minutes from Pomme de Terre Lake, with 2 boat ramps/lake access less than a mile away, and it is in the Skyline school district.
Key Highlights
- Insulated shop is approximately 50 x 60 with a 14‑foot overhead door
- Shop includes kitchen, laundry area, bathroom, concrete floors, heat and a/c, and a propane stove
- Remodeled home features an open‑concept main living area plus walkout lower level with pellet stove
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,252
Cap Rate
5.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$485,040
$485.0K
Cap Rate 7%
$346,457
$346.5K
Cap Rate 9%
$269,467
$269.5K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$47.2K $15.72/SF
− Vacancy
−$3.1K −$1.02/SF
EGI
$44.1K $14.70/SF
− OpEx
−$19.8K −$6.61/SF
NOI
$24.3K $8.08/SF
Area
Dallas County, MO
Vacancy
6.50%
Lease Rate
$15.72 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$485,040
Cap Rate 7%
$346,457
Cap Rate 9%
$269,467
Alternative Uses
Best Use
Apartment 5plus
$346.5K
$303.2K – $404.2K
NOI $24,252 @ 7.0% cap · market cap 5.65%
Second Best
Mixed Use
$320.6K
$280.6K – $374.1K
NOI $22,444 @ 7.0% cap · market cap 5.23%
Theoretical Best
Office A
$452.8K
$396.2K – $528.3K
NOI $31,696 @ 7.0% cap · market cap 7.39%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Drive-in doors
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
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Business Placement
Demographics for 65767, MO
1,962
Population
892
Households
2.2
Avg Household Size
45
Median Age
6%
College-Educated
84%
High-School Grad
80.2 sq mi
ZIP Area
24
Density / Sq Mi
$51,923
Median Household Income
$26,483
Median Earnings
$538
Median Rent
$165,300
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Remodeled home with open-concept living plus an insulated shop with heat and a large overhead door for storage or hobbies.
Where is this mixed-use property located?
The property is located at 27906 County Road 316 Urbana, MO.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: Insulated shop is approximately 50 x 60 with a 14‑foot overhead door; Shop includes kitchen, laundry area, bathroom, concrete floors, heat and a/c, and a propane stove; Remodeled home features an open‑concept main living area plus walkout lower level with pellet stove
