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201 State St La Belle, MO 63447-1007

OFF-MARKET Turn key restaurants Google Maps
1,488 SF 0.44 ac lot Built 1998
Individually Owned Absentee Owner Free & Clear
Estimated value (blended)
$270k
Range $243k – $297k (±10%)
Property ID US48-2244492

Property summary

AI-generated overview

This fully equipped restaurant in La Belle, Missouri, presents a fantastic opportunity for immediate operation. Located on a prominent corner lot just off State Highway 6, this single-story building boasts 19,079 square feet of land and offers exceptional visibility. The interior features a spacious dining area perfect for accommodating numerous patrons, a dedicated ice cream station, two restrooms for customer convenience, and a convenient drive-up window for quick service. The commercial kitchen is fully equipped and ready for immediate use, featuring a crucial fire suppression system for safety. A full-length covered front porch provides ample space for outdoor seating or displays, enhancing the customer experience. The property also includes a large parking area capable of holding up to 30 vehicles, ensuring ample space for customers and staff. This turnkey operation is situated at 201 State St, La Belle, MO 63447, and is offered at an asking price of $110,000. The property's prime location and comprehensive amenities make it an ideal investment for a new or expanding restaurant business. Seize this chance to own a thriving establishment in a desirable location.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1998
Total area 1,488 SF
Lot 0.44 ac (19,079 SF)
APN 23-23-00165.00
UPID US48-2244492

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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