Listing Agency: Pace Properties

Listed By: Kate Grewe Milford · License #2016041183 Show Phone

Source: Paceproperties

Added: Apr 3 Changed: Oct 1 Last Checked: Oct 20 at 5:04PM

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Investment Insights

Based on property information with market context.

The property is located in an area with a population of 8,443 within a 1-mile radius, 22,515 within a 3-mile radius, and 39,116 within a 5-mile radius. The median income in the surrounding areas is $68,143 (1-mile radius), $70,614 (3-mile radius), and $75,621 (5-mile radius). The daytime population is 4,671 (1-mile radius), 13,780 (3-mile radius), and 21,584 (5-mile radius). The property is suitable for restaurant or other commercial real estate use.

Key Highlights

• High median income ranging from $68,143 to $75,621
• Significant daytime population up to 21,584
• Substantial population base reaching up to 39,116

Property Analytics

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Current Use

Restaurants

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Big Box & Wholesale Store Electrical Service Auto Parts Store

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

275

Businesses Nearby

3k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 72% Dining 28%

Sinclair Shops & Services

2,268 visits/mo 0.4 miles

SUBWAY Dining

876 visits/mo 0.5 miles

Demographics for 65248, MO

4,781

Population

1,815

Households

2.6

Avg Household Size

33

Median Age

31%

College-Educated

90%

High-School Grad

172.6 sq mi

ZIP Area

28

Density / Sq Mi

$53,797

Median Household Income

$30,000

Median Earnings

$838

Median Rent

$141,600

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?

Restaurant - Restaurant property for sale in Fayette, Missouri.

Where is this restaurant located?

The property is located at 515 North Cleveland Street Fayette, MO.

What is the asking price?

The asking price for this property is $225,000.

What are key features of this property?

This property features: High median income ranging from $68,143 to $75,621; Significant daytime population up to 21,584; Substantial population base reaching up to 39,116