Building Details

Building Size 3,260 SF

Year Built 2006

Year Renovated 2024

Buildings 1

Listing Agency: Westgate Springfield/Seymour s***@westgaterealty.com Show Phone

Listed By: Scott A Hepko · License #2000167922 Show Phone

Source: Cappyharrisrealtors

Added: Sep 21 Changed: Oct 25 Last Checked: Oct 26 at 3:39AM

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Investment Insights

Based on property information with market context.

The 3,260-square-foot restaurant building was remodeled in 2024 and has two drive-through lanes, two restrooms, a hood, a walk-in cooler, and an open seating area. The building was constructed in 2006 and occupies 3 acres of commercially zoned land.

Located just off Highway 60, the property is approximately 30 minutes east of Springfield in Seymour, Missouri. The existing restaurant configuration includes kitchen equipment and drive-through service features.

Key Highlights

• 3,260‑square‑foot restaurant building on 3 acres
• Remodeled in 2024; year built is 2006
• Double drive‑through configuration

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$25,994

Cap Rate

3.27%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$519,880 $519.9K

Cap Rate 7%

$371,343 $371.3K

Cap Rate 9%

$288,822 $288.8K

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,260 SF

Gross rent

$36.0K $11.04/SF

− Vacancy

−$1.3K −$0.41/SF

EGI

$34.7K $10.63/SF

− OpEx

−$8.7K −$2.66/SF

NOI

$26.0K $7.97/SF

Area

Webster 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%

$519,880

Cap Rate 7%

$371,343

Cap Rate 9%

$288,822

Alternative Uses

Best Use

Specialty Retail

$371.3K

$324.9K – $433.2K (±1% cap)

NOI $25,994 @ 7.0% cap · market cap 3.27%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$492.0K

$430.5K – $574.1K (±1% cap)

NOI $34,443 @ 7.0% cap · market cap 4.33%

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

Conventional restaurants

Suggested Use

Top Pick Building Supply Auto Repair Shop Plumbing Service Storage Facility Pharmacy Kitchen & Bath Showroom

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

Yes

Commercial hood

Location Intelligence

Trade Area within ½ mile

35

Businesses Nearby

30k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 100%

McDonald's Dining

29,916 visits/mo 0.3 miles

Demographics for 65746, MO

8,667

Population

2,870

Households

3

Avg Household Size

30

Median Age

14%

College-Educated

83%

High-School Grad

185.4 sq mi

ZIP Area

47

Density / Sq Mi

$53,503

Median Household Income

$34,809

Median Earnings

$698

Median Rent

$190,500

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - The property combines commercially zoned land with a restaurant building and existing food-service equipment.

Where is this conventional restaurant located?

The property is located at 37 Enterprise Drive Seymour, MO.

What is the asking price?

The asking price for this property is $795,000.

What are key features of this property?

This property features: 3,260‑square‑foot restaurant building on 3 acres; Remodeled in 2024; year built is 2006; Double drive‑through configuration