Mixed-Use Property With Expansion
For Sale
$550,000
28 Wallace Ranch Road, Theodosia, MO 65761
COMMERCIAL - Theodosia, MO
Property SizeContact for details
Lot Size3.30 Acres
Days on Market135
Property Features for 28 Wallace Ranch Road
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bathroom 3, Bathroom 2
Directions
From Theodosia, head West on Us-Hwy 160 aprox 1.5 miles property and sign on left.
Standard status
Active
APN
18-0.5-15-000-000-008.000
Lot size
3.30 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
(417) 924-1307
Listed By:
Payton Watterson
(417) 554-2145
Added: Apr 15
Changed: Aug 18
Last Checked: Aug 27 at 7:06AM
MLS# 60320887
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 mixed-use property brings together a leased commercial building, a separate residential home, and cleared land within one tract. The residence may support owner occupancy or rental use, while the commercial component is already leased. The property encompasses 3.3 acres, providing the physical setting described for additional construction or other development.
Located at 28 Wallace Ranch Road in Theodosia, the property sits along a main roadway near Bull Shoals Lake. Existing improvements include a metal roof, wood heating, window-unit cooling, and electricity available. The commercial building and home create a combination of income-producing and residential components, with additional land included for future plans.
Located at 28 Wallace Ranch Road in Theodosia, the property sits along a main roadway near Bull Shoals Lake. Existing improvements include a metal roof, wood heating, window-unit cooling, and electricity available. The commercial building and home create a combination of income-producing and residential components, with additional land included for future plans.
Key Highlights
- 3.3‑acre mixed‑use property with a leased commercial building and separate residential home
- Cleared land included for expansion or additional construction
- Located at 28 Wallace Ranch Road, Theodosia, MO 65761
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Combines a leased commercial building, separate home, and cleared land near Bull Shoals Lake.
Where is this mixed-use property located?
The property is located at 28 Wallace Ranch Road Theodosia, MO.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 3.3‑acre mixed‑use property with a leased commercial building and separate residential home; Cleared land included for expansion or additional construction; Located at 28 Wallace Ranch Road, Theodosia, MO 65761
