Restaurant with Double
For Sale
$795,000
37 Enterprise Drive, Seymour, MO 65746
The property combines commercially zoned land with a restaurant building and existing food-service equipment.
Property Size3,260 SF
Lot Size3.00 Acres
Price / SF$243.87
Days on Market36
Property Features for 37 Enterprise Drive
General Information
Standard status
Active
Size
3,260 SF
Lot size
3.00 Acres
Property subtype
Commercial
Site & Location
Drive-Thru
Yes
Highway Access
Yes
Road Access
Yes
Additional Details
Commercial Hood
Yes
Taxes and HOA fees
Annual Taxes
$2,478
Building Details
Building Size
3,260 SF
Year Built
2006
Year Renovated
2024
Buildings
1
Listing Agency:
Westgate Springfield/Seymour
(417) 595-0600
Listed By:
Scott A Hepko · License #2000167922
(417) 224-7672
Source:
Cappyharrisrealtors
Added: Sep 21
Changed: Oct 25
Last Checked: Oct 26 at 3:39AM
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 Westgate Springfield/Seymour
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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.
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
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
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
NOI $34,443 @ 7.0% cap · market cap 4.33%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
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
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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?
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
