1321 Preacher Roe Blvd West Plains, MO 65775
This exceptional redevelopment opportunity presents a vacant 11,246-square-foot restaurant building situated on a 2.94-acre lot in West Plains, Missouri. Located at 1321 Preacher Roe Blvd, this property boasts high visibility and accessibility, with over 15,634 vehicles passing daily. Its prime location within the city's main retail corridor places it amongst a strong concentration of national retailers, including Walmart Supercenter, Harbor Freight Tools, Big Lots, Walgreens, Dollar Tree, Ace Hardware, O'Reilly Auto Parts, and McDonald's. The property features four points of entry, offering significant flexibility for redevelopment into multiple retail pads. This strategic location, coupled with the substantial lot size, presents a unique chance to capitalize on the area's robust retail environment. Further enhancing the investment potential is the existing billboard sign, providing an additional income stream. The property's adjacency to a high-performing McDonald's (ranking in the top 70th percentile nationwide with 583,000 annual visits, per Placer.ai data) underscores the area's strong consumer traffic. This is an ideal opportunity for owner-users seeking a prominent location in a thriving retail market. The property is classified as Retail, with subtypes including QSR/Fast Food, Restaurant, and Shopping Center.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.