Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    338 338 Vly St Granby, MO 64844

    • Commercial real estate
    • 2,700 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 338 338 Vly St

    Property size
    2,700 SF
    Property type
    Commercial real estate

    Description

    This 2700-square-foot commercial building is ideally situated on Highway 60 in Granby, Missouri, presenting a unique investment opportunity. The property previously operated as a successful pizza restaurant, and much of the restaurant equipment is included in the sale. This equipment includes a commercial pizza oven with four brand-new engines and refurbished dough rollers, all purchased new in 2022, along with refrigerators and prep tables. Above the commercial space is a recently renovated apartment featuring fresh paint, new flooring, and updated trim, ready for immediate rental. The seller is motivated and flexible regarding the restaurant equipment

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Granby
    County
    Newton
    State
    Missouri
    Longitude
    -94.2582
    Latitude
    36.9184

    Comparable in this City

    • Value Estimation by Request
      5.48 Acres

      Granby, MO 64844

      COMMERCIAL (GENERAL) • 5.48 Acres
      Granby, MO 64844
      View Details
    • Value Estimation by Request
      2,872 SF

      Granby, MO 64844

      COMMERCIAL (GENERAL) • 2,872 SF
      Granby, MO 64844
      View Details
    • Value Estimation by Request
      120 SF

      Granby, MO 64844

      COMMERCIAL (GENERAL) • 120 SF
      Granby, MO 64844
      View Details
    • Value Estimation by Request
      2,787 SF

      205 205.0 Main St

      Commercial real estate • 2,787 SF
      205 205.0 Main St, Granby, MO 64844
      View Details
    • Value Estimation by Request
      13,612 SF

      510 Random Rd

      Commercial real estate • 13,612 SF
      510 Random Rd, Granby, MO 64844
      View Details
    • Value Estimation by Request
      0.06 Acres

      Granby, MO 64844

      COMMERCIAL (GENERAL) • 0.06 Acres
      Granby, MO 64844
      View Details

    Similar Nearby for Sale

    • New
      $249,900
      2,174 SF

      Remodeled Bar and Grill Ready

      Turnkey bar and grill with remodeled interior and outdoor patio.
      514 W Valley St, Granby, MO 64844
      View Details
    • $80,000
      13.00 Acres

      Wooded Acres with Pond

      13.38+/- acres of wooded land featuring a scenic pond.
      228 Swamp Rd, Granby, MO 64844
      View Details
    • $189,500
      18.00 Acres

      Granby, MO Timber Land

      18 acres of timberland near Hwy 69 & 59 intersection.
      18 Ac Jenny Ln, Granby, MO 64844
      View Details
    • $125,000

      Main Street Mixed-Use Property

      Mixed-use property with storefront and residential potential on Main Street.
      126126 Main St, Granby, MO 64844
      View Details
    • $272,000
      2,788 SF

      Spacious Multifamily Property in Granby

      Charming property with main home and detached apartment in Granby.
      646 N Random Rd, Granby, MO 64844
      View Details
    • $272,000
      2,268 SF

      Granby Multifamily Home with Apartment

      Spacious home with apartment, ideal for income or multi-gen living.
      646 N Random Rd, Granby, MO 64844
      View Details
    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.
    338 338 Vly St
    Granby, MO 64844
    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

    Google sign-in failed. Please try again or use another login method.