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Mixed-Use Building with Event Center

3099 Highway 95, Mountain Grove, MO 65711

For Sale
$1,990,000

Retail and event functions share a heated, climate-controlled building with a commercial kitchen and flexible storage areas.

Property Size20,000 SF
Lot Size10.00 Acres
Price / SF$99.50
Days on Market478

Property Features for 3099 Highway 95

General Information

Standard status Active
Size 20,000 SF
Lot size 10.00 Acres
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes
Mixed-Use Components retail, event center

Additional Details

Currently Operating Yes
Property Use Retail Business and Event Center

Taxes and HOA fees

Annual Taxes $2,775

Amenities

Full Commercial Kitchen
Sound System

Building Details

Building Size 20,000 SF
Year Built 2016
Buildings 1
Stories 1
Listing Agency: 37 North Realty - Mountain Grove
Listed By: Liz Citron · License #2007037378
Source: Cappyharrisrealtors
Added: Jul 17, 2025 Changed: Nov 6 Last Checked: Nov 6 at 2:47PM

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 37 North Realty - Mountain Grove

Rey
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Investment Insights

Based on property information with market context.

This 20,000-square-foot mixed-use property combines retail space, an event center and substantial storage. The building measures 100 x 200 feet, with 20-foot side walls and a 23-foot center height. The event area is approximately 49 x 83 feet, with a commercial kitchen, entry, table and chair storage, sound system, and connecting restrooms. Two interior roll-up doors link it to an open area. A rear storage section measures approximately 100 x 100 feet and includes a loading dock, 16 x 16 exterior doors, separate storage and a half bath. The retail area is approximately 100 x 36 feet. Spray-foam insulation, heated floors and central heating and cooling serve the facility; the event room has a dropped ceiling and carpeting.

The property fronts Highway 95, just north of the Highway 60 intersection. Walmart, Ace Hardware, A-Squared Brewery and an assisted living facility are among the nearby businesses. The building occupies approximately 4 acres, with an additional 6 acres of wooded and open land overlooking the Missouri State Fruit Station’s lake. Built in 2016, the site totals approximately 10 acres.

Key Highlights

  • 20,000‑square‑foot building on approximately 10 acres
  • Built in 2016; 100 x 200 feet, with 20‑foot side walls and a 23‑foot center height
  • Event area approximately 49 x 83 feet, with commercial kitchen, sound system and connecting restrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$148,262
Cap Rate
7.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,965,240 $3.0M
Cap Rate 7%
$2,118,029 $2.1M
Cap Rate 9%
$1,647,356 $1.6M
Market Conditions
NOI Build-Up for 20,000 SF
Gross rent
$259.2K $12.96/SF
− Vacancy
−$31.1K −$1.56/SF
EGI
$228.1K $11.40/SF
− OpEx
−$79.8K −$3.99/SF
NOI
$148.3K $7.41/SF
Area
Wright County, MO
Vacancy
12.00%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,965,240
Cap Rate 7%
$2,118,029
Cap Rate 9%
$1,647,356

Alternative Uses

Best Use
Industrial
$4.36M
$3.81M – $5.09M (±1% cap)
NOI $305,137 @ 7.0% cap · market cap 15.33%
Second Best
Mixed Use
$2.83M
$2.48M – $3.30M (±1% cap)
NOI $198,000 @ 7.0% cap · market cap 9.95%
Theoretical Best
Office A
$5.64M
$4.94M – $6.58M (±1% cap)
NOI $395,042 @ 7.0% cap · market cap 19.85%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Storage Facility Cafe & Coffee Shop Pet Grooming Service

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
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

77
Businesses Nearby

Demographics for 65711, MO

9,278
Population
4,130
Households
2.2
Avg Household Size
44
Median Age
16%
College-Educated
84%
High-School Grad
293.4 sq mi
ZIP Area
32
Density / Sq Mi
$51,154
Median Household Income
$33,927
Median Earnings
$686
Median Rent
$120,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Retail and event functions share a heated, climate-controlled building with a commercial kitchen and flexible storage areas.
Where is this mixed-use property located?
The property is located at 3099 Highway 95 Mountain Grove, MO.
What is the asking price?
The asking price for this property is $1,990,000.
What are key features of this property?
This property features: 20,000‑square‑foot building on approximately 10 acres; Built in 2016; 100 x 200 feet, with 20‑foot side walls and a 23‑foot center height; Event area approximately 49 x 83 feet, with commercial kitchen, sound system and connecting restrooms
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