Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Building in Prime Location Title is generated by Realmo AI

    714 State Hwy 248 Unit 5, Branson, MO 65616

    View on Map
    Claim this Listing
    For Sale
    $825,000

    5,184 SF commercial building suitable for various businesses.

    Type:Office
    Property size:
    5,184 SF
    Price / SF:
    $159/SF
    Added:
    Nov 6, 2024
    Days on Market:
    575
    Last Refresh:
    May 12 at 9:55 pm

    Property Features for 714 State Hwy 248 Unit 5

    General Information

    Standard status
    Active
    Size
    5,184 SF
    Property subtype
    Office

    Building Details

    Year Built
    2009

    We can help!

    Listing Contact
    Carolyn Crispin Team

    Listing agent Carolyn Crispin Team

    Listing office Keller Williams Tri-Lakes

    Listing date Nov 6, 2024

    Source Xome

    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 Keller Williams Tri-Lakes

    HighLights

    • Premier 5,184 square foot commercial building.
    • Strategic location in the heart of Banson with high visibility and easy accessibility.
    • Flexible spaces suitable for medical professionals, office tenants, or specialized service providers.
    • Modern amenities.
    • Central Air cooling.
    • Built in 2009.

    Overview

    This 5,184 square foot commercial building is located in Banson. The property is suited for medical professionals, office tenants, or specialized service providers. It offers flexible spaces, modern amenities, and a strategic location with high visibility and easy accessibility.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $77.8k $15.00
    − Vacancy −$6.2k −$1.20
    EGI $71.5k $13.80
    − OpEx −$17.9k −$3.45
    NOI $53.7k $10.35
    5,184 SF · lease $15.00/SF/yr · vacancy 8.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $766.5K
    $670.7K – $894.2K (±1% cap)
    NOI $53,654 @ 7.0% cap · market cap 6.50%
    Second Best
    —
    —
    no second resolved use
    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 local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    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

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Dental Office Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Branson
    County
    Taney
    State
    Missouri
    Longitude
    -93.228918
    Latitude
    36.6628052

    Nearby Similar for Sale

    • $1,200,000
      4,000 SF

      Versatile Branson Commercial Opportunity

      High-visibility commercial property with showroom, warehouse, and residential features.
      3612 Shepherd Of The Hills Expressway, Branson, MO 65616
      View Details
    • $2,040,000
      10,800 SF

      Retail and Warehouse on Highway

      Retail and warehouse buildings on 2.26 acres near Branson Strip.
      685 State Highway 165, Branson, MO 65616
      View Details
    • $1,080,000
      8,000 SF

      Victorian Hospitality Property in Branson

      Queen Anne-inspired Victorian near Branson Landing, ideal for hospitality ventures.
      1482 Lake Shore Drive, Branson, MO 65616
      View Details
    • $535,000
      1,920 SF

      Modern Contractor Shop and Warehouse

      Move-in ready facility on Highway 248 in Branson, Missouri.
      8296 State Highway 248, Branson, MO 65616
      View Details
    • $710,000
      5,677 SF

      Duplex with Table Rock Lake Views

      Four-bedroom duplex with lake views near Branson attractions.
      518 Skyline Road, Branson, MO 65616
      View Details
    • $849,000

      Highway 76 Commercial Property

      Charming property on Hwy 76, suitable for retail/restaurant/office.
      2420 W 76 Country Boulevard, Branson, MO 65616
      View Details
    • $2,950,000
      17,280 SF

      Restaurant and Office Complex For Sale

      Established restaurant and office complex near Pointe Royale Golf Community.
      158 Pointe Royale Drive, Branson, MO 65616
      View Details
    • $395,000

      Highway 76 Retail/Office Space

      High-traffic location with excellent visibility and access.
      1805 W 76 Country Boulevard, Branson, MO 65616
      View Details
    • $245,000
      1,261 SF

      Branson Duplex For Sale

      Duplex property in Branson, Missouri, spanning 1261 square feet.
      117 Vista View Drive, Branson, MO 65616
      View Details
    • $299,900
      1,655 SF

      Updated Duplex in Pointe Royale

      Updated 3-bedroom duplex in gated golf community with resort amenities.
      177 Buckingham Drive, Branson, MO 65616
      View Details
    • $1,975,000

      Branson Multifamily Investment Opportunity

      20-unit apartment complex in Branson, Missouri, near amenities.
      1101 Bird Road, Branson, MO 65616
      View Details
    • $675,000
      4,109 SF

      Downtown Branson Commercial Opportunity

      Mixed-use commercial property near Branson Landing and Lake Taneycomo.
      215 W Pacific Street, Branson, MO 65616
      View Details

    FAQs

    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 Unit 5 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 with high visibility and easy accessibility.; Flexible spaces suitable for medical professionals, office tenants, or specialized service providers.
    (417) 336-4999
    We can help!
    Listing Contact
    Carolyn Crispin Team
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    714 State Hwy 248 Unit 5, Branson, MO 65616
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!