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Property profile & analytics
FOR SALE
Drive through restaurants

515 North Cleveland St Fayette, MO 65248

2,692 SF 1 ac lot Built 1996
Entity Owned Absentee Owner Free & Clear
Property ID
US48-2578860
515 North Cleveland St, Fayette, MO 65248 For Sale
$225,000 2,692 SF
515 North Cleveland St, Fayette, MO 65248
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Property summary
AI-generated overview

This exceptional restaurant opportunity is located at 515 North Cleveland Street in Fayette, Missouri, 65248. The property boasts a prime location offering prominent visibility from North Cleveland Street, ensuring high traffic and customer exposure. The building encompasses 2,000 square feet situated on a one-acre lot, providing ample parking for patrons and staff. The asking price is $225,000, translating to a price per square foot of $112.50. This turnkey restaurant is ready for immediate operation, presenting a significant advantage for prospective buyers. Its convenient location and easy access contribute to its strong potential for success. The property's size and layout are ideal for a variety of restaurant concepts, offering flexibility and adaptability to different culinary styles and operational needs. The ample parking further enhances the overall appeal and convenience for customers. This is a rare opportunity to acquire a well-positioned restaurant property in a thriving community. The property is zoned for retail use and is ready for a new owner to take over and continue its success or implement their own vision. Serious inquiries are encouraged.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1996
Total area 2,692 SF
Lot 1 ac (43,560 SF)
APN 12-1.0-11-002-002-031.010
UPID US48-2578860
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
MCDONALD S CORP 240599
MCDONALD S CORP 240599
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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