Highway Grocery and Convenience
3294 State Highway 73, Buffalo, MO 65622
For Sale
$615,000
Commercial Sale, Buffalo, MO
Property Size5,000 SF
Lot Size5.68 Acres
Price / SF$123
Days on Market186
Property Features for 3294 State Highway 73
General Information
Property type
Property subtype
Bathrooms
Full bathrooms
Rooms
Fencing
Directions
Standard status
APN
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Heating system
Cooling system
Building Details
Year built
Buildings
Listing Agency:
High Standard Real Estate Company, LLC
Listed By:
Chais N Rankin · License #2016045143
(417) 733-6699
Added: May 5
Changed: Oct 31
Last Checked: Nov 6 at 11:06PM
MLS# 60322743
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.
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Investment Insights
Based on property information with market context.
This grocery and convenience property occupies approximately 5.68 acres and includes nearly 5,000 square feet under roof. The improvements have operated as a country store since 2007 and include retail-oriented space, warehouse capacity, bathrooms, and room for adaptation to additional commercial functions. The building is described as ready for immediate occupancy, with propane heating, central air, and electric cooling.
The property is located at 3294 State Highway 73, a few miles north of Buffalo, Missouri. On-site parking and highway exposure support customer access, while barbed-wire fencing and available electricity are also included among the property features. The site’s acreage provides room for expansion, subject to applicable approvals.
The property is located at 3294 State Highway 73, a few miles north of Buffalo, Missouri. On-site parking and highway exposure support customer access, while barbed-wire fencing and available electricity are also included among the property features. The site’s acreage provides room for expansion, subject to applicable approvals.
Key Highlights
- Approximately 5.68 acres along State Highway 73
- Nearly 5,000 square feet under roof
- Country store operation dating to 2007
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,868
Cap Rate
6.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$797,360
$797.4K
Cap Rate 7%
$569,543
$569.5K
Cap Rate 9%
$442,978
$443.0K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$55.2K $11.04/SF
− Vacancy
−$2.0K −$0.41/SF
EGI
$53.2K $10.63/SF
− OpEx
−$13.3K −$2.66/SF
NOI
$39.9K $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%
$797,360
Cap Rate 7%
$569,543
Cap Rate 9%
$442,978
Alternative Uses
Best Use
Specialty Retail
$569.5K
$498.4K – $664.5K
NOI $39,868 @ 7.0% cap · market cap 6.48%
Second Best
Retail
$531.6K
$465.1K – $620.2K
NOI $37,210 @ 7.0% cap · market cap 6.05%
Theoretical Best
Office A
$754.7K
$660.3K – $880.4K
NOI $52,826 @ 7.0% cap · market cap 8.59%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
4k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Existing improvements combine retail space with warehouse capacity and adaptable commercial functionality.
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: Approximately 5.68 acres along State Highway 73; Nearly 5,000 square feet under roof; Country store operation dating to 2007
