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Country Store with Acreage

3294 State Highway 73, Buffalo, MO 65622

For Sale
$615,000

An approximately 4,900-square-foot commercial building sits on a 5.68-acre parcel along a state highway.

Property Size4,900 SF
Lot Size5.68 Acres
Price / SF$125.51
Days on Market186

Property Features for 3294 State Highway 73

General Information

Standard status Active
Size 4,900 SF
Lot size 5.68 Acres
Property subtype Commercial

Additional Details

Property Use Country Store

Taxes and HOA fees

Annual Taxes $2,846

Building Details

Building Size 4,900 SF
Year Built 2007
Listing Agency: High Standard Real Estate Company, LLC
Listed By: Chais N Rankin · License #2016045143
Source: Cappyharrisrealtors
Added: May 5 Changed: Nov 6 Last Checked: Nov 6 at 2:26PM

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 High Standard Real Estate Company, LLC

Rey
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Investment Insights

Based on property information with market context.

This commercial property includes a 4,900-square-foot building on 5.68 acres. The structure dates to 2007 and has served as a country store since opening. Its existing retail configuration provides a foundation for continued store operations or adaptation to other commercial uses.

The property is at 3294 State Highway 73, a few miles north of Buffalo, Missouri. It has highway visibility, parking, and land available for expansion.

Key Highlights

  • 4,900‑square‑foot building on 5.68 acres
  • Built in 2007
  • Country store operation began in 2007

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$39,071
Cap Rate
6.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$781,420 $781.4K
Cap Rate 7%
$558,157 $558.2K
Cap Rate 9%
$434,122 $434.1K
Market Conditions
NOI Build-Up for 4,900 SF
Gross rent
$54.1K $11.04/SF
− Vacancy
−$2.0K −$0.41/SF
EGI
$52.1K $10.63/SF
− OpEx
−$13.0K −$2.66/SF
NOI
$39.1K $7.97/SF
Area
Dallas County, MO
Vacancy
3.70%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$781,420
Cap Rate 7%
$558,157
Cap Rate 9%
$434,122

Alternative Uses

Best Use
Specialty Retail
$558.2K
$488.4K – $651.2K (±1% cap)
NOI $39,071 @ 7.0% cap · market cap 6.35%
Second Best
Retail
$520.9K
$455.8K – $607.8K (±1% cap)
NOI $36,466 @ 7.0% cap · market cap 5.93%
Theoretical Best
Office A
$739.6K
$647.1K – $862.8K (±1% cap)
NOI $51,770 @ 7.0% cap · market cap 8.42%
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

Grocery and convenience stores

Suggested Use

Top Pick Storage Facility Department Store Car Rental Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby
4k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Phillips 66 Shops & Services
3,698 visits/mo 0.4 miles

Demographics for 65622, MO

8,461
Population
3,517
Households
2.4
Avg Household Size
42
Median Age
19%
College-Educated
91%
High-School Grad
151.4 sq mi
ZIP Area
56
Density / Sq Mi
$44,231
Median Household Income
$38,426
Median Earnings
$659
Median Rent
$143,200
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

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - An approximately 4,900-square-foot commercial building sits on a 5.68-acre parcel along a state highway.
Where is this grocery and convenience store located?
The property is located at 3294 State Highway 73 Buffalo, MO.
What is the asking price?
The asking price for this property is $615,000.
What are key features of this property?
This property features: 4,900‑square‑foot building on 5.68 acres; Built in 2007; Country store operation began in 2007
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