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Medical Office Building
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 Market708

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

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
Listed By: Carolyn Crispin Team · License #2004031070
Added: Nov 7, 2024 Changed: Aug 19 Last Checked: Oct 16 at 5:06AM
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.

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Investment Insights

Based on property information with market context.

This office building at 714 State Hwy 248 in Branson contains 5,184 square feet and was built in 2009. The property includes a bathroom and is described as suitable for medical professionals, office tenants, and specialized service providers.

Building systems include central air conditioning and electric heating, while water is available at the property. The State Hwy 248 address places the office asset within Branson, Missouri, with a configuration that can accommodate professional and service-oriented commercial uses identified in the listing.

Key Highlights

  • 5,184‑square‑foot office building
  • Built in 2009
  • Located at 714 State Hwy 248, Branson, MO 65616

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$64,889
Cap Rate
7.87%
Suggested Prices Based on Cap Rates
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
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 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 (±1% cap)
NOI $64,889 @ 7.0% cap · market cap 7.87%
Second Best
Office B
$766.5K
$670.7K – $894.2K (±1% cap)
NOI $53,654 @ 7.0% cap · market cap 6.50%
Theoretical Best
Office A
$1.01M
$886.5K – $1.18M (±1% cap)
NOI $70,917 @ 7.0% cap · market cap 8.60%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Bill Blitch Branson ... Real Estate Agency Tom Allison Keller ... Real Estate Agency Great American Title ... Title Company Branson Family Dentistry Dental Office Sysco Kansas City Big Box & Wholesale Store

Suggested Use

Top Pick Parking Lot & Garage Storage Facility Furniture & Home Goods Auto Repair Shop (Bike/Boat/Book/etc) Store Locksmith

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

701
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - Office property with central air, electric heating, and water available.
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: 5,184‑square‑foot office building; Built in 2009; Located at 714 State Hwy 248, Branson, MO 65616
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