Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    502 Commercial St Crocker, MO 65452
    Back to Search
    Property profile & analytics

    502 Commercial St Crocker, MO 65452

    View on Map
    • Commercial real estate
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Wagon Wheel Restaurant / Restaurant
    • Shazam Atm / Atm / Convenience Store

    Property Details for 502 Commercial St

    Year built
    1986
    Property type
    Commercial real estate

    Description

    This exceptional turnkey restaurant opportunity is located at 502 S Commercial Street in Crocker, Missouri, and is priced at $710,000. The establishment enjoys a prime location within a thriving small town known for its strong sense of community. Years of successful operation have cultivated a loyal customer base, drawn to the restaurant's high-quality cuisine, attentive service, and inviting atmosphere. The restaurant is fully equipped and operational, featuring a well-stocked kitchen ready for immediate use and a comfortable dining area complete with a buffet. The interior design creates a warm and welcoming ambiance, contributing to the overall positive dining experience. Financial records demonstrate consistent profitability and reliable revenue streams, providing a solid foundation for future growth. The current owners are dedicated to providing comprehensive training and support to ensure a smooth transition for the new owner. The property offers potential for expansion or the addition of other businesses within the same building. A separate Richland location is also available, listed under MLS 25004531. This is a rare opportunity to acquire a thriving, established business in a desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Crocker
    County
    Pulaski
    State
    Missouri
    Longitude
    -92.2643
    Latitude
    37.9384

    Comparable in this City

    • Value Estimation by Request
      9.80 Acres

      Crocker, MO 65452

      COMMERCIAL (GENERAL) • 9.80 Acres
      Crocker, MO 65452
      View Details
    • Value Estimation by Request
      2,800 SF

      Crocker, MO 65452

      COMMERCIAL (GENERAL) • 2,800 SF
      Crocker, MO 65452
      View Details
    • Value Estimation by Request

      23315 Bison Rd

      COMMERCIAL (GENERAL)
      23315 Bison Rd, Crocker, MO 65452-7310
      View Details
    • Value Estimation by Request
      13,480 SF

      Crocker, MO 65452

      COMMERCIAL (GENERAL) • 13,480 SF
      Crocker, MO 65452
      View Details
    • Value Estimation by Request
      8,364 SF

      202 Commercial St

      COMMERCIAL (GENERAL) • 8,364 SF
      202 Commercial St, Crocker, MO 65452-2227
      View Details
    • Value Estimation by Request

      Crocker, MO 65452

      COMMERCIAL (GENERAL)
      Crocker, MO 65452
      View Details

    Similar Nearby for Sale

    • $158,200
      15.82 Acres

      Scenic Riverfront Recreational Land

      15.82 acres with Gasconade River frontage near Crocker, Missouri.
      T6&T7 Hwy 17, Crocker, MO 65452
      View Details
    • New
      $339,900
      3,808 SF

      Four-Unit Investment Property in Crocker

      Four-unit property with immediate rental income in Crocker, Missouri.
      319 Harold St, Crocker, MO 65452
      View Details
    • Contact for pricing
      0.39 Acres

      Versatile Land in Crocker, MO

      0.39 acre lot with commercial/residential potential in Crocker.
      302 S Commercial St, Crocker, MO 65452
      View Details
    • $395,000
      Pending

      Versatile Commercial Building with Highway Frontage

      12,000+ sqft climate-controlled space suitable for retail, warehouse, or redevelopment.
      500 S Commercial St, Crocker, MO 65452
      View Details
    • New
      $1,083,500
      197.00 Acres

      197 Acres of Prime Hunting Land

      Exceptional hunting and building potential in central Missouri.
      Brainerd Ln, Crocker, MO 65452
      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.
    502 Commercial St
    Crocker, MO 65452
    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

    Thank You for Inquiry
    502 Commercial St, Crocker, MO, 65452
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!