Conventional Restaurant for
For Sale
$495,000
501 Main Street, Belton, MO 64012
For-sale conventional restaurant property at 501 Main Street in Belton, Missouri, with directions off I-435.
Property Size2,400 SF
Days on Market129
Property Features for 501 Main Street
General Information
Standard status
Active
Size
2,400 SF
Zoning
Com
Taxes and HOA fees
Annual Taxes
$2,593
Amenities
Storage
On Street, Parking Lot
Building Details
Building Size
2,400 SF
Stories
1
Listing Agency:
Integrity Group Real Estate
Listed By:
Marilyn May
(913) 915-0915
Source:
Evrealestate
Added: May 3
Changed: Sep 8
Last Checked: Sep 7 at 3:04PM
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 Integrity Group Real Estate
Investment Insights
Based on property information with market context.
This for-sale conventional restaurant property is located at 501 Main Street in Belton, Missouri.
Access is described from I-435: take exit 175 and head south on State Hwy 49. Turn right onto State Hwy Y/E 163rd St/N Cedar St, then turn right on Main Street to reach the destination on the right.
The offering is categorized as a restaurant/commercial real estate asset. Additional building or site details were not provided in the information available.
Access is described from I-435: take exit 175 and head south on State Hwy 49. Turn right onto State Hwy Y/E 163rd St/N Cedar St, then turn right on Main Street to reach the destination on the right.
The offering is categorized as a restaurant/commercial real estate asset. Additional building or site details were not provided in the information available.
Key Highlights
- Conventional restaurant property for sale at 501 Main Street in Belton, Missouri
- Includes storage
- Parking available: on‑street parking and a parking lot
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,387
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.93%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$487,740
$487.7K
Cap Rate 7%
$348,386
$348.4K
Cap Rate 9%
$270,967
$271.0K
Market Conditions
NOI Build-Up for 2,400 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$33.7K $14.04/SF
− Vacancy
−$1.2K −$0.49/SF
EGI
$32.5K $13.55/SF
− OpEx
−$8.1K −$3.39/SF
NOI
$24.4K $10.16/SF
Area
Cass County, MO
Vacancy
3.50%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$487,740
Cap Rate 7%
$348,386
Cap Rate 9%
$270,967
Alternative Uses
Best Use
Specialty Retail
$348.4K
$304.8K – $406.5K
NOI $24,387 @ 7.0% cap · market cap 4.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$541.1K
$473.5K – $631.3K
NOI $37,878 @ 7.0% cap · market cap 7.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
557
Businesses Nearby
99k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 70%
Dining 29%
QuikTrip
Shops & Services
46,653 visits/mo
0.3 miles
SONIC Drive In
Dining
10,800 visits/mo
0.3 miles
Dollar General
Shops & Services
10,218 visits/mo
0.3 miles
Popeyes Louisiana Kitchen
Dining
9,642 visits/mo
0.4 miles
Scooter's Coffee
Dining
6,155 visits/mo
0.3 miles
Demographics for 64012, MO
28,364
Population
12,722
Households
2.2
Avg Household Size
39
Median Age
27%
College-Educated
93%
High-School Grad
47.2 sq mi
ZIP Area
601
Density / Sq Mi
$71,782
Median Household Income
$43,122
Median Earnings
$1,232
Median Rent
$200,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - For-sale conventional restaurant property at 501 Main Street in Belton, Missouri, with directions off I-435.
Where is this conventional restaurant located?
The property is located at 501 Main Street Belton, MO.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Conventional restaurant property for sale at 501 Main Street in Belton, Missouri; Includes storage; Parking available: on‑street parking and a parking lot
