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Auto Repair Shop with Multiple Bays
For Sale
$569,500

846 S Ash St, Buffalo, MO 65622

Five service bays, office areas and two ancillary buildings support a range of automotive operations.

Property Size7,560 SF
Lot Size1.50 Acres
Price / SF$75.33
Days on Market17

Property Features for 846 S Ash St

General Information

Standard status Active
Size 7,560 SF
Lot size 1.50 Acres
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Service Bays 5

Amenities

reception area
private office spaces
private restroom
workshop area

Building Details

Year Built 1968
Buildings 3
Listing Agency: Keller Williams Local
Listed By: Holt Homes Group klrw369@kw.com
Source: Trilakeshomesearch
Added: Oct 6 Changed: Oct 21 Last Checked: Oct 21 at 2:26AM

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 Local

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Investment Insights

Based on property information with market context.

The automotive property includes a main building of approximately 6,000 square feet, with a reception area, private offices, a restroom and a large workshop. Five garage bays are split between the side and rear of the building. Two additional structures provide more enclosed space: one is approximately 624 square feet and has a garage bay; the other is approximately 935 square feet, with a garage bay and no utilities in place. The main building is currently used as an automotive repair shop.

The three buildings sit on approximately 1.5 acres of commercially zoned land at 846 S Ash St in Buffalo, just off Hwy 65. The property was built in 1968.

Key Highlights

  • Main building contains approximately 6,000 sq ft and five garage bays
  • Two outbuildings measure approximately 624 sq ft and 935 sq ft; each has a garage bay
  • The 935 sq ft outbuilding has no utilities in place

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,246
Cap Rate
4.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$484,920 $484.9K
Cap Rate 7%
$346,371 $346.4K
Cap Rate 9%
$269,400 $269.4K
Market Conditions
NOI Build-Up for 7,560 SF
Gross rent
$35.4K $4.68/SF
− Vacancy
−$743 −$0.10/SF
EGI
$34.6K $4.58/SF
− OpEx
−$10.4K −$1.37/SF
NOI
$24.2K $3.21/SF
Area
Dallas County, MO
Vacancy
2.10%
Lease Rate
$4.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$484,920
Cap Rate 7%
$346,371
Cap Rate 9%
$269,400

Alternative Uses

Best Use
Retail
$803.7K
$703.3K – $937.7K (±1% cap)
NOI $56,262 @ 7.0% cap · market cap 9.88%
Second Best
Industrial
$346.4K
$303.1K – $404.1K (±1% cap)
NOI $24,246 @ 7.0% cap · market cap 4.26%
Theoretical Best
Office A
$1.14M
$998.4K – $1.33M (±1% cap)
NOI $79,874 @ 7.0% cap · market cap 14.03%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Sharpe Motors Auto Repair Shop

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Bakery HVAC Service Electrical Service Home Appliance Store Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Service bays
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

419
Businesses Nearby
129k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 50% Shops & Services 29% Superstores 20% Electronics 1%
McDonald's Dining
31,447 visits/mo 0.1 miles
Walmart Superstores
25,518 visits/mo 0.2 miles
Casey's Shops & Services
23,043 visits/mo 0.2 miles
SONIC Drive In Dining
12,489 visits/mo 0.2 miles
Taco Bell Dining
11,529 visits/mo 0.2 miles

Demographics for 65622, MO

8,461
Population
3,517
Households
2.4
Avg Household Size
42
Median Age
19%
College-Educated
91%
High-School Grad
151.4 sq mi
ZIP Area
56
Density / Sq Mi
$44,231
Median Household Income
$38,426
Median Earnings
$659
Median Rent
$143,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • Muffler Shop — 1123 S Ash St, Buffalo, MO 65622
  • Sharpe Motors — 846 S Ash St, Buffalo, MO 65622
  • Premier Body & Paint — 1108 Birch St, Buffalo, MO 65622
  • Auto Service Center — Fir St, Buffalo, MO 65622
  • MFA Farm & Home — 926 W Dallas St, Buffalo, MO 65622

Frequently Asked Questions

What type of property is this?
Auto shop - Five service bays, office areas and two ancillary buildings support a range of automotive operations.
Where is this auto shop located?
The property is located at 846 S Ash St Buffalo, MO.
What is the asking price?
The asking price for this property is $569,500.
What are key features of this property?
This property features: Main building contains approximately 6,000 sq ft and five garage bays; Two outbuildings measure approximately 624 sq ft and 935 sq ft; each has a garage bay; The 935 sq ft outbuilding has no utilities in place
More about this property
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