49 Route TtNoel, MO 64854

Property Details for 49 Route Tt

Year built

1986

Lot size

1.19 AC

Property size (Sq ft)

3,755 SF

Property type

Turn key restaurants

APN

17-5.0-16-004-002-002.003

APU

175016004002002003

Description

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 approach

  CAP return

  Valuation

  6%

  $481,175

  6.5%

  $444,162

  7%

  $412,436

• Comparable approach

  Method

  Valuation

  Relative Method

  $676,860

  Geo Method

  $676,860

• Alternative Use

  Use

  Valuation

  Residential

  $374,667

  Hospitality

  $343,193

  Educational

  $285,533

  Medical

  $295,353

  Retail

  $444,162

Location Insight

City

Noel

County

Mcdonald

State

Missouri

Latitude

36.5517

Longitude

-94.5025

CBSA code

22220

CBSA name

FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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