Property profile

210 E Mount Vernon St Nixa, MO 65714

FOR SALE
Retail space
Property ID
US48-0962965
938 SF 0.14 ac lot Built 1948
Entity Owned 15-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1-acre commercial land parcel is situated on the highly trafficked Highway 14 in Nixa, Missouri. Boasting excellent visibility and a prime location, this property presents a lucrative investment opportunity for a variety of commercial ventures. Its proximity to established businesses like McDonald's and the new 14 Mill Market ensures high foot traffic and brand recognition. The ongoing Highway 14 expansion project, which will widen the road to five lanes, is poised to significantly increase traffic flow in the area, further enhancing the property's value and appeal. This presents a unique chance to capitalize on the robust growth experienced in Nixa, a thriving community recognized as a premier suburb within the Springfield Metro Area. The property's versatility makes it ideal for retail establishments or fast-food restaurants seeking a strategic location with strong visibility and access to a large consumer base. This is a rare opportunity to secure a prominent commercial site in one of Southwest Missouri's fastest-growing areas. The asking price is $950,000. Serious inquiries only.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1948
Total area 938 SF
Lot 0.14 ac (6,000 SF)
APN 10-0.6-13-003-002-005.000
UPID US48-0962965

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Wedding Service Bakery

Location

210 E Mount Vernon St Nixa, MO 65714
Nixa metro Census 20204 SPRINGFIELD, MO METROPOLITAN STATISTICAL AREA
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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

since 2011
5 recorded transactions
2017
Price N/A
2016
Price N/A
2011
Price N/A
1969
Price N/A
1969
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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