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    Property profile & analytics

    125 Frankford Ave Novinger, MO 63559

    • Bars
    • 1,296 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US48-2426032
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Bars

    Property Details for 125 Frankford Ave

    Year built
    1904
    Lot size
    0.13 lot acres
    Property size
    1,296 SF
    Property type
    Bars
    Property subtype
    Pubs
    APN
    07-09.0-29-004-28-06.000
    APU
    7090290042806000

    Description

    This exceptional turnkey opportunity presents a well-established bar and grill in Novinger, Missouri, a thriving community just under eight miles from Kirksville. "Chevy's Bar and Grill," a beloved local favorite for over two decades, is currently operating seven days a week and includes all fixtures and equipment. The sale encompasses the 1,296 square foot building, complete with tables, chairs, barstools, a commercial auto-fry cooker, four freezers, microwave, stove, coolers, televisions, karaoke equipment, and signage. Adding to the value, the sale also includes two additional adjacent lots (0.22 acres total), presenting potential for expansion, outdoor seating, or future development. The property is being sold in "as is" condition. This represents a rare chance to acquire an already profitable, turnkey business with significant growth potential in a desirable location. The asking price for this exceptional package is $85,000. This is a prime investment opportunity in Adair County, Missouri.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Novinger
    County
    Adair
    State
    Missouri
    Longitude
    -92.7086
    Latitude
    40.2307
    CBSA code
    28860
    CBSA name
    KIRKSVILLE, MO MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $118
    $170
    $1,350
    $1,520
    -
    $530
    $4,230
    $4,760

    Comparable in this City

    • Value Estimation by Request
      792 SF

      Frankford Ave

      RETAIL STORES (PERSONAL SERVICES) • 792 SF
      Frankford Ave, Novinger, MO 63559
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    • Value Estimation by Request
      656 SF

      109 Frankford Ave

      RETAIL STORES (PERSONAL SERVICES) • 656 SF
      109 Frankford Ave, Novinger, MO 63559
      View Details
    • Value Estimation by Request

      Frnt St St

      FINANCIAL BUILDING
      Frnt St St, Novinger, MO 63559
      View Details
    • Value Estimation by Request
      1,680 SF

      510 Novinger Ave

      AUTO REPAIR, GARAGE • 1,680 SF
      510 Novinger Ave, Novinger, MO 63559-2751
      View Details
    • Value Estimation by Request
      1,250 SF

      310 Frnt St

      RETAIL STORES (PERSONAL SERVICES) • 1,250 SF
      310 Frnt St, Novinger, MO 63559-2648
      View Details
    • Value Estimation by Request
      1,080 SF

      Frankford Ave

      AUTO REPAIR, GARAGE • 1,080 SF
      Frankford Ave, Novinger, MO 63559
      View Details
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    125 Frankford Ave
    Novinger, MO 63559
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    Realmo Value Estimation

    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.

    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.

    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
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