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Property profile & analytics
OFF-MARKET
Drive through restaurants

604 Madison St Webb City, MO 64870-2562

2,629 SF 1.1 ac lot Built 2020
Entity Owned 7-yr Hold
Property ID
US48-1358663
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2020
Total area 2,629 SF
Lot 1.1 ac (47,742 SF)
APN 16-6.0-24-10-9-19.001
UPID US48-1358663
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
Current use
Occupant on record · Public records
  • Dairy Queen Grill & Chill Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Shree Govind LLC · 7 yrs held
Shree Govind LLC
since 2019
7 recorded transactions
2019
Price N/A
2019
Price N/A
2011
Price N/A
2007
Price N/A
2004
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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