150 Highway 137 Raymondville, MO 65555
This thriving convenience store, located at 150 N Highway 137 in Raymondville, MO, presents a fantastic investment opportunity. The 1,007 square foot building sits on a 1.02-acre lot, offering ample space for both the retail operation and additional business ventures. The store boasts a diverse product range, including groceries, tobacco, beer, liquor, ice, and a made-to-order food menu featuring pizza, burgers, chicken strips, and fries. Recent upgrades include new siding and roofing, along with the addition of a convenient drive-thru window. Interior improvements have expanded the kitchen and prep area, incorporating a pizza oven and hot dog roller, along with two new deep freezers. A substantial inventory is included in the sale. The property also features a new beer cave offering a wide selection. Further enhancing the income potential, a propane exchange is currently operational. Existing fuel pumps are in place, though state inspection would be required for fuel sales. A significant asset is the 30x24 foot shop, equipped with concrete flooring and electricity. Previously used as a tire shop, this space offers versatility for a variety of uses. The property's prime highway location and diverse revenue streams make this a compelling opportunity for a savvy investor. The asking price is $199,900.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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