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29493064
29493063

9870 State Hwy OO, Strafford, MO 65757 For Sale

RS
MO Missouri 2021023469
IEB Real Estate
AM
MO MO 1999118063
IEB Real Estate
Listed by IEB Real Estate
$2,800,000
169 days on market
Updated 79 days ago

Bob's Parking

Details
APN 1101200050
Property Type Industrial, Land (+1)
Sub Type Distribution, Flex (+1)
Square Footage 642,510
Cap Rate 6.83%
NOI $191,263
Price per SqFt $4
Year Renovated 2025
Buildings 1
Zoning C-1 Neighborhood Commercial
Investment Type Stabilized

Industrial | 6.83% CAP | 642,510 SqFt

Marketing description

Bob’s Parking is strategically located commercial parking and storage facility positions just off Interstate 44 in Springfield/Strafford, Missouri Corridor. This stretch of I-44 benefits from strong traffic counts, with average daily traffic exceeding 60,000 vehicles per day, providing excellent visibility and consistent demand drivers for transportation-related uses. Notable, approximate 1-in-4 drivers of all traffic on I-44 consists of commercial trucks. This heavy truck concentration directly supports sustained demand for truck parking, outdoor storage, and logistics – adjacent uses.

The asset enjoys easy ingress and egress with convenient access to I-44, allowing for efficient circulation for semi’s, travelers, RV’s and other large vehicles. The site layout and proximity to the interstate minimizes off-route travel time.

Further enhancing the location of Bob’s Parking, recently established Buc-ee’s travel center nearby, a significant regional draw that has increased traffic counts, visibility and overall commercial activity in the immediate area. Buc-ee’s locations are widely recognized for driving long-term growth and reinforcing corridor strength for transportation and service-oriented businesses.

Investment highlights

The property benefits from exceptional visibility and access, with 60,000+ vehicles per day along this stretch of I-44 and directly supporting sustained demand for truck parking and outdoor storage uses. The site offers easy ingress and egress for semis and large vehicles, minimizing off-route travel time and improving operational efficiency.

Additional highlights include:

  • 14.75 acres with 220+ parking spaces

  • Proximity to a recently established Buc-ee’s Travel Center, a strong regional traffic and demand driver

  • Recent capital investment into a 1,550 SF on-site office and living quarters (two bathrooms, kitchen, laundry), supporting on-site management, and reducing near-term capex

  • Fee-simple ownership with limited seller financing available

Listing Contacts

RS
MO Missouri 2021023469
IEB Real Estate
AM
MO MO 1999118063
IEB Real Estate
Listed by IEB Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$191,263.00
$15,938.58/mo

Valuation Metrics

0
DSCR
6.83%
Cap Rate
6.83%
ROI

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Additional Information

Name
Ryan Schmidt
License
Missouri 2021023469
Brokerage
IEB Real Estate
Title
Real Estate Broker
Name
Andrew Medler
License
MO 1999118063
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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