Listing Agency: Pace Properties

Listed By: Kate Grewe Milford · License #2016041183 Show Phone

Source: Paceproperties

Added: Apr 3 Changed: Oct 21 Last Checked: Oct 20 at 5:06PM

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Investment Insights

Based on property information with market context.

The commercial property is located in Salem, Missouri. The surrounding area has a population of 6,299, 7,773, and 11,369 respectively. The daytime population is 3,605, 4,387, and 5,679 respectively. The median household income is $53,485, $55,980, and $58,509 respectively. The property is suitable for drive-through restaurants, restaurants, and other commercial real estate ventures.

Key Highlights

• Median Household Income ranging from $53,485 to $58,509.
• Population sizes of 6,299, 7,773, and 11,369.
• Daytime Population ranging from 3,605 to 5,679.

Property Analytics

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Open Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Real Estate Agency Dental Office HVAC Service Building Supply Storage Facility Garden Center

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

283

Businesses Nearby

Explore this area Business Placement

Demographics for 65560, MO

13,292

Population

6,355

Households

2.1

Avg Household Size

45

Median Age

18%

College-Educated

85%

High-School Grad

664.2 sq mi

ZIP Area

20

Density / Sq Mi

$53,423

Median Household Income

$33,606

Median Earnings

$625

Median Rent

$141,700

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Drive through restaurant - Commercial property for sale in Salem, Missouri.

Where is this drive through restaurant located?

The property is located at 901 South Main Street Salem, MO.

What is the asking price?

The asking price for this property is $399,000.

What are key features of this property?

This property features: Median Household Income ranging from $53,485 to $58,509.; Population sizes of 6,299, 7,773, and 11,369.; Daytime Population ranging from 3,605 to 5,679.