Commercial Building in Prime
For Sale
$825,000
714 State Hwy 248, Branson, MO 65616
Commercial Sale, Branson, MO
Property Size5,184 SF
Price / SF$159.14
Days on Market657
Property Features for 714 State Hwy 248
General Information
Property type
Commercial Sale
Property subtype
Office
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Directions
West on Hwy 248 from US Hwy 65, approximately 1 mile. Located on the north side of Hwy 248.
Standard status
Active
APN
08-9.0-29-000-000-023.501
Size
5,184 SF
Taxes and HOA fees
Tax Year
2023
Tax Description
MANCHESTER VILLAGE OFFICE CONDOMINIUM MANCHESTER VILLAGE OFFICE CONDOMINIUM- UN 1, BLD 5
Tax Annual Amount
2738
Legal Description
MANCHESTER VILLAGE OFFICE CONDOMINIUM MANCHESTER VILLAGE OFFICE CONDOMINIUM- UN 1, BLD 5
Utilities
Utilities
Water Available
Heating system
Electric (Heating)
Cooling system
Central Air
Building Details
Year built
2009
Listing Agency:
Keller Williams Tri-Lakes · Keller Williams Realty
(417) 336-4999
Listed By:
Carolyn Crispin Team · License #2004031070
(417) 501-9111
Added: Nov 7, 2024
Changed: Aug 19
Last Checked: Aug 26 at 4:06AM
MLS# 60281649
Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 5,184 square foot commercial building is located in Branson. The property is suited for medical professionals, office tenants, or specialized service providers. It features flexible spaces, modern amenities, and a strategic location that provides high visibility and easy accessibility.
Key Highlights
- Premier 5,184 square foot commercial building.
- Strategic location in the heart of Banson, guaranteeing high visibility and easy accessibility.
- Perfectly suited for medical professionals, office tenants, or specialized service providers.
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
$64,889
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
7.87%
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%
$1,297,780
$1.3M
Cap Rate 7%
$926,986
$927.0K
Cap Rate 9%
$720,989
$721.0K
Market Conditions
NOI Build-Up for 5,184 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
$113.8K $21.96/SF
− Vacancy
−$5.7K −$1.10/SF
EGI
$108.1K $20.86/SF
− OpEx
−$43.3K −$8.34/SF
NOI
$64.9K $12.52/SF
Area
Taney County, MO
Vacancy
5.00%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
40.00%
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%
$1,297,780
Cap Rate 7%
$926,986
Cap Rate 9%
$720,989
Alternative Uses
Best Use
Healthcare Medical
$927.0K
$811.1K – $1.08M
NOI $64,889 @ 7.0% cap · market cap 7.87%
Second Best
Office B
$766.5K
$670.7K – $894.2K
NOI $53,654 @ 7.0% cap · market cap 6.50%
Theoretical Best
Office A
$1.01M
$886.5K – $1.18M
NOI $70,917 @ 7.0% cap · market cap 8.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
701
Businesses Nearby
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 Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - 5,184 SF commercial building suitable for various businesses.
Where is this office building located?
The property is located at 714 State Hwy 248 Branson, MO.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Premier 5,184 square foot commercial building.; Strategic location in the heart of Banson, guaranteeing high visibility and easy accessibility.; Perfectly suited for medical professionals, office tenants, or specialized service providers.
