1015 State Highway 248Branson, MO 65616

Property Details for 1015 State Highway 248

Year built

2004

Construction

FRAME

Lot size

1.81 AC

Property size (Sq ft)

12,914 SF

Property type

Office buildings

APN

08-9.0-29-000-000-033.007

APU

89029000000033007

Description

Castle Rock Office Park offers exceptional executive office suites in two Class B buildings totaling 36,664 square feet. Currently, 3,075 square feet of space is immediately available, divisible into units ranging from 1,330 to 1,745 square feet. The property features high-quality tenant finishes in all units, providing a professional and modern workspace. Conveniently located on a high-traffic, five-lane state highway, this prime location offers excellent visibility and accessibility. The park benefits from its position as a main east-west corridor, attracting a significant number of medical users. Its proximity to upscale residential neighborhoods, Highway 65, Branson Landing, a local hospital, and a diverse range of restaurants, retail establishments, and services enhances its appeal. Ample door-side parking is available for tenants and their clients. The property boasts a strong operating history and benefits from established local professional property management and leasing services, ensuring a smooth and efficient tenant experience. Two suites are available within the two-building complex. This presents a unique opportunity for businesses seeking high-quality, conveniently located office space in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,908,922

  6.5%

  $1,762,082

  7%

  $1,636,219

• Comparable approach

  Method

  Valuation

  Relative Method

  $923,738

  Geo Method

  $923,738

• Alternative Use

  Use

  Valuation

  Residential

  $2,184,981

  Hospitality

  $2,001,431

  Educational

  $1,665,167

  Medical

  $1,722,435

  Retail

  $2,590,260

Location Insight

City

Branson

County

Taney

State

Missouri

Latitude

36.6628

Longitude

-93.2358

CBSA code

14700

CBSA name

BRANSON, MO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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