Golf Course View
For Sale
$199,900
300 Glory Road #2, Branson, MO 65616
2-bedroom, 2-bath condo with golf course views and amenities.
Property Size1,216 SF
Price / SF$164.39
Days on Market445
Property Features for 300 Glory Road #2
General Information
Standard status
Active
Size
1,216 SF
Property subtype
Condominium
Amenities
Central
Ceiling Fan(s)
Central Air
Electric Cooktop
Free-Standing Electric Oven
Microwave
Electric Water Heater
Dishwasher
Building Details
Building Size
1,216 SF
Year Built
1998
Stories
1
Listing Agency:
Branson Tri-Lakes
Listed By:
Timothy Parsons · License #2016039924
(417) 229-3175
Source:
Kw
Added: Jun 20, 2025
Changed: Aug 22
Last Checked: Sep 6 at 6:54PM
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 Branson Tri-Lakes
Investment Insights
Based on property information with market context.
This well-maintained condo features 2 bedrooms and 2 bathrooms, offering views of a golf course. The property is situated in a high-demand area, providing convenient access to shopping, dining, and entertainment venues. Residents can enjoy exclusive amenities such as pools, tennis courts, and a clubhouse. The location is also within minutes of Table Rock Lake. The property size is 1216 square feet.
Key Highlights
- Sweeping golf course views.
- Located in a high‑demand area close to shopping, dining, and entertainment.
- Exclusive amenities including pools, tennis, and clubhouse.
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
$9,820
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
4.91%
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%
$196,400
$196.4K
Cap Rate 7%
$140,286
$140.3K
Cap Rate 9%
$109,111
$109.1K
Market Conditions
NOI Build-Up for 1,216 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
$19.4K $15.96/SF
− Vacancy
−$1.6K −$1.28/SF
EGI
$17.9K $14.68/SF
− OpEx
−$8.0K −$6.61/SF
NOI
$9.8K $8.08/SF
Area
Taney County, MO
Vacancy
8.00%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
45.00%
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%
$196,400
Cap Rate 7%
$140,286
Cap Rate 9%
$109,111
Alternative Uses
Best Use
Apartment 5plus
$140.3K
$122.8K – $163.7K
NOI $9,820 @ 7.0% cap · market cap 4.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$237.6K
$207.9K – $277.3K
NOI $16,635 @ 7.0% cap · market cap 8.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
625
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 Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - 2-bedroom, 2-bath condo with golf course views and amenities.
Where is this apartment building located?
The property is located at 300 Glory Road #2 Branson, MO.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Sweeping golf course views.; Located in a high‑demand area close to shopping, dining, and entertainment.; Exclusive amenities including pools, tennis, and clubhouse.
