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Property profile & analytics
OFF-MARKET
Turn key restaurants

2205 Garrison Ave Carthage, MO 64836-3616

1,968 SF 0.32 ac lot Built 1976
Individually Owned 6-yr Hold Free & Clear
Property ID
US48-3371012
Property summary
AI-generated overview

This 1,968-square-foot vacant restaurant building is situated on a 0.32-acre corner lot in Carthage, Missouri, at the intersection of Elk and Garrison Avenues. Currently zoned C-3, this property boasts a prime location with a daily traffic count of 10,000-15,000 vehicles, significantly enhanced by the Missouri Department of Transportation's construction of a nearby five-way roundabout. The building features an open-span dining area, a kitchen with an exhaust hood already in place, a drive-thru window, and a new roof installed in 2018. The exterior has recently been repainted. The interior features ceramic and concrete flooring. Heating and cooling are provided by central systems. Utilities include city water, sewer, natural gas, and electricity from Carthage. The property is offered vacant and ready for immediate possession at closing. Financing options include cash and conventional loans. Additional features include exterior lights, refrigerated/cold storage, and a pole sign. The foundation is a slab, and there is no basement. Road access is paved and maintained by the city. The property is a standalone building in a shopping district. APN is 14501610014001000. Aerial photos are available in the property documents.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1976
Total area 1,968 SF
Lot 0.32 ac (13,939 SF)
APN 14-5.0-16-10-14-1.0
UPID US48-3371012
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Luz M R Barquera · 6 yrs held
Luz M R Barquera
since 2019
4 recorded transactions
2019
Price N/A
2007
Price N/A
2006
Price N/A
2005
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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