28 Wallace Ranch Road, Theodosia, MO 65761 | MLS #60320887

$595,000 Reduced -$100,000
28 Wallace Ranch Road
Theodosia, MO 65761
  • N/ABeds
  • 3Full Baths
  • N/AHalf Baths
  • N/ASqFt
  • 1987Year Built
  • 3.30Acres
  • MLS# 60320887
  • Commercial Sale
  • Other
  • Active

  • Approx Time on Market2 months, 3 days
  • AreaOzark
  • CountyOzark
  • Subdivision N/A

Overview

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!



Association Fees / Info

Hoa:  No

Building Info

Building Area Total:  5000

Roof:  Metal

Exterior Features

Financial

Som Price Per Square Foot:  $119

Garage / Parking

Garagetype:  Gravel

Garage Spaces:  5

Garage:  5.00

Garage Attached:  0.00

Attached Garage:  Yes

Interior Features

Lot Info

Acres:  3.30

Marina Info

Misc

Miscellaneous:  3 Phase

Insidecitylimits:  No

Other

Foreclosure:  No

Property Info

Township:  22

Year Built:  1987

Development Status:  Existing

Business Type:  Automotive

Business Name:  Hometown Auto

County:  Ozark

Rental Info

Vacant Sqft:  0.00

Sqft Info

Som Retail Space Sqft:  0.00

Som Warehouse Sqft:  5000.00

Tax Info

Tax Year:  2025

Tax Amount Annual:  746.33

Tax Provided By:  Assessor Records

Unit Info

Utilities / Hvac

Cooling:  Window Unit(s)

Utilities:  Well, Septic Tank, Electricity Available

Heating:  Wood

Waterfront / Water

Waterfront View:  None

Lake River:  None

Directions

From Theodosia, head West on Us-Hwy 160 aprox 1.5 miles property and sign on left.

Listings courtesy of Sho-me Real Estate 

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Price & Status History (on garynelsonrealestate.com since Wed, Apr 15th 2026)
  • Original Price: $695,000
  • Current Price: $595,000
  • Price Reduced: $100,000
Date ChangedFromTo
05/20/2026$695,000 $595,000 Reduced by $100,000

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Based on information submitted to the MLS GRID as of 06-18-2026 10:53 PM EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

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Ready to see this home in person?

Schedule your private tour of this beds, 3 Full Bath baths Other at 28 Wallace Ranch Road in Theodosia, MO today.

As a local Branson real estate expert, I can walk you through the property, answer your questions, and guide you through the buying process.

Call or text me at (417) 464-6915 or send a message to get started.

(417) 464-6915