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Leased Auto Shop with Expansion Land
For Sale
$375,000

28 Wallace Ranch Road, Theodosia, MO 65761

Commercial Sale, Theodosia, MO

Property SizeContact for details
Lot Size1.60 Acres
Days on Market67

Property Features for 28 Wallace Ranch Road

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Directions From Theodosia, head West on Us-Hwy 160 aprox 1.5 miles property and sign on left.
Standard status Active
APN 18-0.5-15-000-008.000
Lot size 1.60 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 746

Utilities

Utilities Electricity Available
Heating system Wood
Cooling system Window Unit(s)

Building Details

Year built 1987
Roof type Metal
Listing Agency: Sho-Me Real Estate
Listed By: Payton Watterson
Added: Jul 23 Changed: Aug 27 Last Checked: Sep 27 at 6:06PM
MLS# 60329564

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.

Investment Insights

Based on property information with market context.

This commercial property includes a leased building, a residence, and 1.6 acres of land. The improvements date to 1987 and feature a metal roof, wood heating, window-unit cooling, electricity available, and one bathroom. The property is classified as an auto shop and includes an existing commercial component.

Located at 28 Wallace Ranch Road in Theodosia, Missouri, the property sits along a main roadway and is minutes from Bull Shoals Lake. The combination of an occupied commercial building, residential component, and additional land creates a varied property configuration for an owner or investor. The listing also identifies the site as suitable for future expansion, without specifying planned improvements or permitted uses.

Key Highlights

  • 1.6‑acre commercial property with a leased building, residence, and additional land
  • Auto shop classification with an existing leased commercial building
  • Located on 28 Wallace Ranch Road in Theodosia, MO 65761

Property Analytics

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Current Use

Auto shops

Suggested Use

Top Pick HVAC Service Hair Salon Nail Salon Pet Grooming Service Spa & Massage 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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby
Balanced
Demand for This Use

Demographics for 65761, MO

1,085
Population
1,063
Households
1
Avg Household Size
59
Median Age
5%
College-Educated
90%
High-School Grad
114.6 sq mi
ZIP Area
9
Density / Sq Mi
$36,903
Median Household Income
$25,096
Median Earnings
$579
Median Rent
$185,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Auto shop - Commercial property combines an occupied building, residence, and additional land along a visible roadway near Bull Shoals Lake.
Where is this auto shop located?
The property is located at 28 Wallace Ranch Road Theodosia, MO.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1.6‑acre commercial property with a leased building, residence, and additional land; Auto shop classification with an existing leased commercial building; Located on 28 Wallace Ranch Road in Theodosia, MO 65761
More about this property
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