755 Guin RdNixa, MO 65714

  • Turn key restaurants
  • 6,333 SF
For Sale
$450,000 View listing

Property Details for 755 Guin Rd

Year built
1978
Lot size
1.10 AC
Property size (Sq ft)
6,333 SF
Property type
Turn key restaurants
APN
05-0.7-35-000-000-001.001
APU
50735000000001001

Description

This expansive Nixa, MO commercial property offers incredible potential. Situated on a 1.1-acre lot, the 6,333 square foot building boasts ample space for a variety of uses. The ground floor features over 6,000 square feet, while an additional approximately 850 square feet resides on the second floor. A fully equipped commercial kitchen is a key highlight, including a walk-in cooler for beverages, support coolers, an ice machine, bar sinks, and an extra-large grease trap. The second floor also includes a one-bedroom apartment or office space with a full bath. Parking is abundant, with capacity for over 60 vehicles. The property's location in Nixa offers excellent accessibility and visibility. While the current electrical system requires attention due to past theft, the owners are motivated and will consider all offers. The property is being sold "as is," with no repairs provided by the seller. This presents a unique opportunity for an investor or business owner seeking a large, adaptable space with significant potential for development and customization. The property's size and features make it suitable for a wide range of commercial ventures.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,824,303
    6.5%
    $1,683,972
    7%
    $1,563,688
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,141,559
    Geo Method
    $1,141,559
  • Alternative Use

    Use
    Valuation
    Residential
    $1,420,494
    Hospitality
    $1,301,164
    Educational
    $1,082,554
    Medical
    $1,119,784
    Retail
    $1,683,972

Location Insight

City
Nixa
County
Christian
State
Missouri
Latitude
37.0912
Longitude
-93.3042
CBSA code
44180
CBSA name
SPRINGFIELD, MO METROPOLITAN 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
0
-
-
-
$132,670
-
$137,900
$276,700
$414,600

FAQs

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