604 Madison St Webb City, MO 64870-2562
This exceptional .35-acre parcel, located at 604 S Madison St in Webb City, Missouri (zip code 64870), presents a unique opportunity for mixed-use development. Situated in a thriving retail and restaurant area, directly north of a Dairy Queen, this property boasts a convenient paved, shared entrance off South Madison Street. The site is already cleared and features completed underground water retention, making it fully build-ready. The property is zoned C-3, allowing for a variety of commercial uses, including QSR and coffee shops, as indicated by the permitted subtype. The total square footage is 13,650, with an asking price of $249,000, resulting in a price per square foot of $18.24. The seller is open to considering a ground lease arrangement. While the property is ready for immediate development, potential buyers should inquire about any use restrictions. This is an ideal location for entrepreneurs seeking a high-traffic area with established infrastructure. Jasper County location offers easy access to major transportation routes and a strong local customer base. Don't miss this chance to acquire a prime commercial property in a rapidly growing market.
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Dairy Queen Grill & Chill Restaurant Take-out & Catering
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
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.