Retail and Warehouse
For Sale
$2,040,000
685 State Highway 165, Branson, MO 65616
Two metal buildings constructed in 2017 offer combined retail and warehouse/storage space with ample concrete parking.
Property Size15,600 SF
Price / SF$130.77
Days on Market352
Property Features for 685 State Highway 165
General Information
Standard status
Active
Size
15,600 SF
Property subtype
Retail
Taxes and HOA fees
Annual Taxes
$14,950
Amenities
Central Air, Electric
3
Metal
200X493.7
Building Details
Year Built
2017
Listing Agency:
Weichert, Realtors-The Griffin Company
(417) 331-3200
Listed By:
La Nora Kay · License #2022041893
(417) 331-3200
Source:
Xome
Added: Aug 25, 2025
Changed: Aug 9
Last Checked: Aug 11 at 5:37AM
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 Weichert, Realtors-The Griffin Company
Investment Insights
Based on property information with market context.
Two metal retail and warehouse/storage buildings constructed in 2017 are offered on a single 2.26-acre commercial parcel. The property includes a 10,800 sf retail building and a 4,800 sf warehouse building, designed to support day-to-day retail operations and storage needs. On-site parking is provided with 43 spaces, along with ample concrete parking and strong ingress/egress for convenient access.
The buildings are located on Historic Highway 165 in Branson, Missouri, about 1/2 mile south of the Branson Strip (Hwy 76), supporting visibility to passing traffic. The current tenant operates a specialty retail and accessory shop, paying $10,000 per month on an NNN basis, and intends to liquidate and vacate in mid-2026.
For those seeking an occupied property, the real estate is for sale. The business is also listed for sale separately for an additional $295,000.
The buildings are located on Historic Highway 165 in Branson, Missouri, about 1/2 mile south of the Branson Strip (Hwy 76), supporting visibility to passing traffic. The current tenant operates a specialty retail and accessory shop, paying $10,000 per month on an NNN basis, and intends to liquidate and vacate in mid-2026.
For those seeking an occupied property, the real estate is for sale. The business is also listed for sale separately for an additional $295,000.
Key Highlights
- Constructed in 2017: 10,800 SF retail building plus 4,800 SF warehouse/storage building on a 2.26‑acre commercial parcel
- Located on Historic Highway 165 in Branson, MO, 1/2 mile south of the Branson Strip (Hwy 76)
- Metal, maintenance‑free buildings with a metal roof
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
$155,610
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
7.63%
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%
$3,112,200
$3.1M
Cap Rate 7%
$2,223,000
$2.2M
Cap Rate 9%
$1,729,000
$1.7M
Market Conditions
NOI Build-Up for 15,600 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
$234.0K $15.00/SF
− Vacancy
−$11.7K −$0.75/SF
EGI
$222.3K $14.25/SF
− OpEx
−$66.7K −$4.27/SF
NOI
$155.6K $9.98/SF
Area
Taney County, MO
Vacancy
5.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
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%
$3,112,200
Cap Rate 7%
$2,223,000
Cap Rate 9%
$1,729,000
Alternative Uses
Best Use
Retail
$2.22M
$1.95M – $2.59M
NOI $155,610 @ 7.0% cap · market cap 7.63%
Second Best
Warehouse
$1.62M
$1.42M – $1.89M
NOI $113,373 @ 7.0% cap · market cap 5.56%
Theoretical Best
Office A
$3.05M
$2.67M – $3.56M
NOI $213,408 @ 7.0% cap · market cap 10.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
373
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 65616, MO
27,562
Population
16,419
Households
1.7
Avg Household Size
43
Median Age
30%
College-Educated
90%
High-School Grad
76.5 sq mi
ZIP Area
360
Density / Sq Mi
$60,253
Median Household Income
$29,892
Median Earnings
$975
Median Rent
$243,000
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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- Silverback Storage - Branson — 673 Aaron Way, Branson, MO 65616
- The Preserve Self Storage — 3391 Green Mountain Dr, Branson, MO 65616
Frequently Asked Questions
What type of property is this?
Warehouse - Two metal buildings constructed in 2017 offer combined retail and warehouse/storage space with ample concrete parking.
Where is this warehouse located?
The property is located at 685 State Highway 165 Branson, MO.
What is the asking price?
The asking price for this property is $2,040,000.
What are key features of this property?
This property features: Constructed in 2017: 10,800 SF retail building plus 4,800 SF warehouse/storage building on a 2.26‑acre commercial parcel; Located on Historic Highway 165 in Branson, MO, 1/2 mile south of the Branson Strip (Hwy 76); Metal, maintenance‑free buildings with a metal roof
