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    33880 Ivy Bend Rd Stover, MO 65078

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    33880 Ivy Bend Rd Stover, MO 65078

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    • Commercial real estate
    • 1.52 lot acres
    For Sale
    $649,999
    View Listing →
    Lakefront Bar & Grill Investment For Sale
    $649,999

    Lakefront Bar & Grill Investment

    Thriving waterfront business with multiple income streams.

    33880 Ivy Bend Rd, Stover, MO 65078
    View Listing
    Property ID
    US48-2279766
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Wet Spot Bar & Grill / Bar & Pub / Restaurant

    Property Details for 33880 Ivy Bend Rd

    Lot size
    1.52 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional opportunity presents the chance to acquire The Wet Spot Bar & Grill, a well-established and profitable waterfront establishment situated on 1.52 acres at the 59 mm of the Osage River in Stover, Missouri. The property boasts a dock with slips accommodating over 20 boats, attracting a steady stream of boaters and visitors. The bar and grill itself is fully equipped with a functional kitchen and bar area, complemented by a spacious outdoor patio offering stunning waterfront views. This turnkey operation benefits from a loyal local clientele and a strong tourist base, ensuring consistent revenue generation. Beyond the core bar and grill business, multiple additional income streams are in place. These include rental income from boat slips and a tiny home, as well as rental income from a residential apartment located above the bar, currently occupied by an established tenant. The business enjoys a proven track record and a well-established customer base, presenting significant potential for future growth and expansion. This unique offering combines the appeal of a thriving business with the added benefit of diverse income streams, making it an exceptional investment opportunity. An on-site inspection is highly recommended to fully appreciate the potential of this remarkable property.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Stover
    County
    Morgan
    State
    Missouri
    Longitude
    -92.99346
    Latitude
    38.19133

    Comparable in this City

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      6.00 Acres

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      Wooded Land Near Lake

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      Pending

      Wooded Land Parcel Near Lake

      0.40-acre wooded land near lake access, ideal for investment.
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    • New
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      327.51 Acres

      Secluded Farm and Estate in Missouri

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      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.50 Acres

      Unrestricted Lot Near Lake Access

      Unrestricted 0.5-acre lot with seasonal lake view near amenities.
      5-10 Ozark View Ln, Stover, MO 65078
      View Details
    • $39,000
      6.00 Acres

      6 Acres Near Lake Ozarks

      Unrestricted 6-acre land near Lake of the Ozarks.
      28695 Clearwater Rd, Stover, MO 65078
      View Details
    • $45,000
      743 SF

      Stover Office Building - Prime Location

      Established Business, High Potential, 743 sq ft
      304 2Nd St, Stover, MO 65078
      View Details
    • $40,000
      5.80 Acres

      Wooded Land Near Lake

      5.8 acres of wooded land near a lake.
      Hiawatha Dr, Stover, MO 65078
      View Details
    • New
      Contact for pricing
      Pending

      Wooded Land Parcel Near Lake

      0.40-acre wooded land near lake access, ideal for investment.
      Wildwood Rd, Stover, MO 65078
      View Details
    • New
      $1,250,000
      327.51 Acres

      Secluded Farm and Estate in Missouri

      Private 327.51 acre farm with new shoust and abundant wildlife.
      1382 Big Buffako Rd, Stover, MO 65078
      View Details
    View Listing
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    33880 Ivy Bend Rd
    Stover, MO 65078
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    33880 Ivy Bend Rd, Stover, MO, 65078

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