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    26009 State Highway 39 Shell Knob, MO 65747

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    For Sale
    Contact for pricing

    Retail, Warehouse, Lakefront Opportunity

    Property size:
    5,790 SF

    Property Features for 26009 State Highway 39

    General Information

    Property type
    Retail properties
    Square Feet
    5,790 SF
    Lot Size
    60,984 SF

    We can help!

    Listing Contact
    Parker Stone
    Parker Stone

    Listing Agency: Keller Williams Tri-Lakes Listing Agent: Parker Stone

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional commercial property in Shell Knob, Missouri, presents a unique investment opportunity. Located on 1.4 acres at 26009 State Hwy 39, this 5,790 square foot building offers a blend of retail space and a versatile shop/warehouse area. The property is ideally situated near Table Rock Lake, boasting convenient access to a boat ramp and courtesy dock. The building features a drive-through garage, service bays equipped with in-floor drains, excellent ventilation, and insulated garages. Additional amenities include air compressor lines in all service bays, a chain hoist, and ample power for heavy equipment. An existing foundation and slab provide potential for expansion. The property is move-in ready and includes the option to purchase existing inventory and equipment. The permitted zoning is commercial, making it suitable for a variety of businesses. All offers will be reviewed on October 6th, with responses by 12:00 pm on October 8th. Offers should include these dates.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Hair Salon Auto Repair Shop Nail Salon Gym & Fitness Center Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Shell Knob
    County
    Barry
    State
    Missouri
    Longitude
    -93.5910151
    Latitude
    36.5779444

    Nearby Similar for Sale

    • $520,000
      0.64 Acres

      Shell Knob Convenience Store Opportunity

      Newer convenience store with multiple revenue streams and outdoor seating.
      3151 State Highway Yy, Shell Knob, MO 65747
      View Details
    • $599,000
      1.00 Acre

      Residential and Commercial Investment Opportunity

      Residential home and commercial rental units in Shell Knob, Missouri.
      24872 State Highway 39, Shell Knob, MO 65747
      View Details

    FAQs

    What type of property is this?
    Retail property - Retail, Warehouse, Lakefront Opportunity
    Where is this retail property located?
    The property is located at 26009 State Highway 39 Shell Knob, MO.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: $600,000 asking price for a 5,790 SF retail and warehouse building on 1.4 acres.; Prime Table Rock Lake location with adjacent boat ramp and dock.; Move-in ready building with retail space and shop/warehouse areas.
    (417) 336-4999 Call to check price and availability
    Request Owner's contact information
    26009 State Highway 39 Shell Knob, MO 65747
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    Shell Knob, MO 65747
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    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
    26009 State Highway 39 Shell Knob, MO 65747
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Parker Stone
    Parker Stone
    Real Estate License ID: 2004010086
    (417) 336-4999 (417) 294-2294
    Learn more
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