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Property profile & analytics
FOR SALE
Grocery and convenience stores
302 S Broadway St Jamesport, MO 64648
Individually Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US48-1931782
For Sale
1 / 28
$750,000
302 S Broadway St, Jamesport, MO 64648
View Listing →
Property summary
AI-generated overview
This exceptional turn-key retail opportunity in Jamesport, Missouri presents a rare chance to acquire a profitable grocery store with a loyal customer base. Located at 302 S Broadway Street, this well-established business occupies a meticulously maintained building offering approximately 9,000 square feet of usable space. The property sits on a 0.95-acre lot, providing ample parking for customers. The business enjoys a significant competitive advantage, being the only grocery store within a 15-minute radius, ensuring a consistent flow of customers. The store's success is attributed to its competitive pricing, convenient location, and reputation for superior meat quality, resulting in strong and consistent discretionary earnings. The sale includes all furniture, fixtures, and equipment, along with valuable training during the transition to new ownership. Furthermore, the sale encompasses the established goodwill, supplier and vendor lists, ensuring a smooth and efficient handover. The asking price of $1,550,000 excludes the value of inventory and supplies on hand at the time of transfer. This is a unique opportunity to own a thriving business in a desirable location with significant growth potential. The property's strategic location and the business's proven track record make this an attractive investment for discerning buyers.
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2012
Total area
9,626 SF
Lot
0.9 ac (39,204 SF)
APN
09-8.2-34-1-01-09.02
UPID
US48-1931782
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
-
Jamesport Grocery Grocery & Convenience Store Food Market
-
Mac Paper Supply Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$925k
Owner & transaction history
Floyd Nightingale · 13 yrs held
Floyd Nightingale
since 2012
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Jamesport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jamesport submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,175,000
Current use
Blend value · Realmo final
$925k
Range $833k – $1.02M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$96 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,458
Tax year 2023
Assessed value
$92,806
Assessed 2023
Previous assessed
$92,806
+0.0% YoY
Effective rate
8.04%
On assessed value
Assessed land
$3,200
Assessed improvement
$89,606
Land market value
$10,000
Improvement market value
$280,020
Total market value
$290,020
Applied tax rate
97.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
For Sale
Year built
2012
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Bathrooms
1
Total area
9,626 SF
Lot
0.9 ac (39,204 SF)
APN
09-8.2-34-1-01-09.02
UPID
US48-1931782
Jurisdiction
DAVIESS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.2M
RETAIL STORES Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2012
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
1
Lot
0.9 ac
Current owner
From public records · entity-resolved
Floyd Nightingale
Individual
Free & Clear · 13 yrs held
Mailing address
19602 292ND ST, JAMESPORT, MO 64648-7343
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 7, 2012
—
Floyd Nightingale
John Kramer
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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