122 Skyview DrBranson, MO 65616

  • Turn key restaurants
  • 2,125 SF
For Sale
$325,000 View listing

Property Details for 122 Skyview Dr

Year built
1986
Lot size
0.55 AC
Property size (Sq ft)
2,125 SF
Property type
Turn key restaurants
APN
18-5.0-15-004-015-008.000
APU
185015004015008000

Description

This unique, 2,125-square-foot Class A commercial log cabin presents a compelling value-add investment opportunity in Branson, Missouri. Located at 122 Skyview Dr, 65616, this vacant property sits on a 0.516-acre lot and boasts a prime location less than three minutes from Table Rock Lake and directly off US 165, a busy roadway ensuring high visibility. Built in 1986, the single-story building is zoned for Neighborhood Commercial use, offering versatility for various business types. The asking price is $325,000, translating to $152.94 per square foot. The property's rich history includes a previous life as a well-regarded restaurant, offering a unique opportunity to capitalize on its established presence within the community. While requiring some renovations, the property's potential is undeniable, with ample space for expansion or even subdivision. Its proximity to Table Rock Lake and Branson's main street (a 10-minute drive) further enhances its appeal. This property is being sold as-is. The property is situated in an Opportunity Zone. The APN is 18-5.0-15-004-015-008.000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $232,171
    6.5%
    $214,312
    7%
    $199,004
  • Comparable approach

    Method
    Valuation
    Relative Method
    $158,081
    Geo Method
    $158,081
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $440,407
    Mixed-Use / Specialty
    $204,465
    Hospitality / Lodging
    $138,184
    Office
    $193,790
    Institutional / Educational
    $209,315
    Residential Income
    $244,898
    Multifamily
    $344,072
    Automotive / Energy
    $179,413
    Parking / Income-Based Land
    $70,887
    Restaurant / Food Service
    $86,959
    Healthcare / Senior Housing
    $218,989

Location Insight

City
Branson
County
Taney
State
Missouri
Latitude
36.6035
Longitude
-93.2988
CBSA code
14700
CBSA name
BRANSON, MO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,702
-
-
$31,020
-
$37,000
$64,827
$101,827

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