215 College StBranson, MO 65616

Property Details for 215 College St

Year built

1940

Construction

FRAME

Lot size

0.22 AC

Property size (Sq ft)

1,261 SF

Property type

Office buildings

APN

08-8.0-33-003-035-004.000

APU

88033003035004000

Description

This exceptional 1,261 square foot commercial building is situated on a 0.22-acre lot at 215 W College Street in the heart of Branson, Missouri, just off Business 65. Boasting incredible visibility and high daily drive-by traffic, this property offers unparalleled exposure for any business. The interior features four offices, a kitchen area, a half-bathroom, a sitting area, and two open areas, providing ample space for a variety of uses. A partially finished basement and crawl space offer additional storage. The property includes a private parking lot with space for eight vehicles. Its convenient location offers easy access to Branson Landing, Lake Taneycomo, numerous restaurants, and shopping, all within walking distance. The building is situated next to a dentist office and a strip center, further enhancing its desirability. This property presents a unique opportunity for entrepreneurs seeking a thriving location to establish or expand their business. The building is also available for lease at $1750 per month, presenting additional income potential. Nightly rental possibilities further enhance the investment potential of this versatile commercial space.

• CAP approach

  CAP return

  Valuation

  6%

  $215,611

  6.5%

  $199,026

  7%

  $184,810

• Comparable approach

  Method

  Valuation

  Relative Method

  $90,199

  Geo Method

  $90,199

• Alternative Use

  Use

  Valuation

  Residential

  $246,792

  Hospitality

  $226,060

  Educational

  $188,079

  Medical

  $194,548

  Retail

  $292,568

Location Insight

City

Branson

County

Taney

State

Missouri

Latitude

36.6426

Longitude

-93.2191

CBSA code

14700

CBSA name

BRANSON, MO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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