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Property profile & analytics
OFF-MARKET
Retail space

307 Old Rte 66 Strafford, MO 65757-7801

5,000 SF 0.66 ac lot Built 1979
Entity Owned 7-yr Hold Absentee Owner Free & Clear
Property ID
US48-0460606
Property summary
AI-generated overview

This exceptional 5,000 square foot retail strip center, located at 307 W Old Rte 66 in Strafford, Missouri (zip code 65757), presents a unique leasing opportunity. Completely renovated in 2022, the property offers flexible space options ranging from 1,000 to 5,000 contiguous square feet, currently entirely vacant. The building sits on a 0.65-acre lot and benefits from a convenient drive-thru window, ideal for various retail concepts. Built in 1979 and boasting a General Commercial zoning designation within Greene County's Outlying Greene County submarket, this location provides excellent visibility and accessibility. Its strategic placement offers quick access to Interstate-44, ensuring high traffic volume and exposure. The property is surrounded by established businesses, including Central Bank, O'Bannon Bank, Kum & Go, Harter House, and Dollar General, creating a thriving commercial environment. This fully renovated space is ready for immediate occupancy and presents a compelling opportunity for businesses seeking a high-traffic location in a growing community. The property's open floor plan allows for versatile configurations to suit diverse retail needs.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1979
Total area 5,000 SF
Lot 0.66 ac (28,575 SF)
Zoning code INC
APN 88-11-03-201-023
UPID US48-0460606
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
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
Smith Management Services LLC · 7 yrs held
Smith Management Services LLC
since 2018
6 recorded transactions
2026
Price N/A
2023
Price N/A
2023
Price N/A
2018
Price N/A
2016
Price N/A
2010
Price N/A
Zoning & alternative use
INC · Strafford, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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