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Property profile & analytics
FOR SALE
Retail space

1495 State Highway 248 Branson, MO 65616

24,698 SF 1.68 ac lot Built 2000
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US48-1417447
Property summary
AI-generated overview

This exceptional investment opportunity presents a 31,956 square foot retail property situated on a 1.68-acre lot in Branson, Missouri. The property is strategically located at 1495 State Hwy 248, offering high visibility and accessibility. Currently, a portion of the space (23,427 square feet) is occupied by Harbor Freight under a NNN lease expiring March 31, 2028, leaving 8,526 square feet vacant. The property boasts 73 parking spaces, ensuring ample convenience for customers and employees. The projected Net Operating Income (NOI) for 2023 is $135,585. This single-tenant storefront property is zoned for commercial use and benefits from its location near other prominent retailers, including Hobby Lobby, Country Mart, McDonald's, Culver's, and V.A. Medical Center, creating a synergistic retail environment. The lease commenced on June 28, 2018, and has approximately 3.4 years remaining. The asking price for this prime retail center is $3,000,000. The property's location in a high-traffic area, combined with the existing lease and significant vacant space, presents a compelling opportunity for investors seeking strong returns and potential for future growth. The property's parcel number is 08-9.0-30-000-000-065.001. The current occupancy rate is 72%.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2000
Total area 24,698 SF
Lot 1.68 ac (73,137 SF)
APN 08-9.0-30-000-000-065.001
UPID US48-1417447
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Harbor Freight Tools Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Springfield Property LLC · 4 yrs held
Springfield Property LLC
since 2022
2 recorded transactions
2022
Price N/A
2005
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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