49 Rte Tt Noel, MO 64854
This exceptional commercial property presents a unique opportunity for a savvy investor or entrepreneur. Located at the highly visible corner of Highway 90 and Route TT in Noel, Missouri, this turnkey business boasts a prime location directly across from the Noel Golf Course, ensuring high traffic and visibility. The property includes the established Cotton Eyed Joe's Barbecue Restaurant, offering immediate income potential. The restaurant itself encompasses a substantial 3580 square feet of space, providing ample room for dining, kitchen operations, and potential expansion. The sale includes both the thriving business and the real estate, making this a truly comprehensive investment. The 2.21-acre lot offers significant potential for future development or expansion of the existing business. This is a rare opportunity to acquire a well-established, profitable business with significant growth potential in a desirable location. The property's strategic placement at a major intersection guarantees excellent exposure to a steady stream of potential customers. All equipment and fixtures are included in the sale, allowing for a seamless transition for the new owner. This turnkey operation minimizes the start-up costs and allows for immediate revenue generation. Don't miss this chance to own a thriving business and valuable real estate in a vibrant community. The asking price is $275,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.