28 Wallace Ranch Road Theodosia, MO 65761

  • 5,000 sqft
  • 3.30 acres
$595,000
  • MLS#60320887
  • Active

Commercial Investment Property with Home & Expansion Land Near Bull Shoals Lake! Exceptional income-producing property offering multiple revenue streams and outstanding growth potential. This unique opportunity includes a leased commercial building generating steady rental income, a separate residential home that can be owner-occupied, rented long-term, or operated as a short-term vacation rental/Airbnb, plus additional cleared acreage ready for expansion. Located on a highly visible main roadway just minutes from Bull Shoals Lake, this property offers excellent accessibility and exposure. The open, cleared land provides opportunities for additional homes, cabins, storage units, commercial development, or other income-producing ventures. Whether you're seeking an absentee investment property with established revenue, a live-work opportunity, or a property with room for future development, this versatile offering checks all the boxes. Property Highlights include: Leased commercial building providing rental income, separate residential home for owner occupancy, rental, or Airbnb use., strong income potential from multiple sources, Additional cleared acreage for expansion or new construction, High-visibility location on a main road, Minutes from Bull Shoals Lake and recreational attractions, Ideal for investors or owner-operators, Opportunity for future development and increased revenue. A rare chance to own a versatile investment property with immediate income and significant upside potential. Come take a look today!

Listing Information
  • Foreclosure/Short Sale: No
  • List Price/SqFt: $119.00
  • Transaction Type: Sale
Building Information
  • Year Built: 1987
Business Information
  • Business Name: Hometown Auto
Location/Region
  • County Or Parish: Ozark
Tax Information
  • Inside City Limits: No
  • RE Tax Provided By: Assessor Records
  • Tax Annual Amount: $746.33
General Information
  • Construction Status: Existing
  • Parcel Number: 18-0.5-15-000-000-008.000
  • Property Sub Type: Other
  • Property Type: Commercial Sale
Building Information
  • SqFt: Warehouse: 5000.0
Parking Information
  • Garage: Yes
Beds/Baths
  • Bathrooms Total: 3
Building Interior
  • Building Area Total: 5000.0
General Information
  • Miscellaneous: 3 Phase: Yes
Parking Information
  • # Attached Garage Spaces: 5.0
  • Parking Features: Gravel
  • Parking: Gravel: Yes
Lot Information
  • Lot Size Acres: 3.3
  • Lot Size Area: 3.3
  • Lot Size Square Feet: 143748.0
  • Lot Size Units: Acres
Waterfront/View
  • General Property Description: Lake/River: None
  • Water Body Name: None
  • Waterfront View: None
  • Waterfront: No
Building Exterior/Construction
  • Attached Garage: No
General Information
  • Utilities: Septic Tank,Water Well
  • Utilities Available: Electric: Yes
  • Utilities Available: Septic Tank: Yes
  • Utilities Available: Water Well: Yes

Life at 28 Wallace Ranch Road


Schools

School data courtesy of LiveBy, Inc. Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Owning this Home

$
$ %
%
*Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.