# 28 Wallace Ranch Road, Theodosia, MO 65761

> **TL;DR:** 0bd/3ba single family, $595,000, built 1987.
> A/C. Est. $2,578/mo. Listed 47 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $595,000 |
| Bathrooms | 3 full |
| Year Built | 1987 |
| Lot Size | 143,748 sqft (3.30 acres) |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 47 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,578 |
| **Total** | **$2,578** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1987
- 3.30 acre lot

## Description

### Agent Description
Check out this 5,000 sq ft (100x50) auto mechanic shop in Theodosia, MO. The shop is being rented out and currently being ran as a fully operational business. Great chance to hold an investment and bring in cash flow or if you have your own ideas of running the business look no more! The shop features five garage door bays, great storage, a dedicated office, a break room, and a large loft ideal for extra storage or potential living space, and it comes with the entire operating business and all equipment included. Sitting on just over 3 acres with an additional build spot on the south end of the property. Being only minutes away from Bull Shoals Lake, the property also includes an 820 sq ft 1-bed, 2-bath home perfect for rental income, employee housing, or an owner's residence. With big changes and growth headed to the area, this rare live-work setup offers a smart and versatile investment opportunity.

## Location

- **Address:** 28 Wallace Ranch Road, Theodosia, MO 65761
- **County:** Ozark
- **Coordinates:** 36.584577, -92.706444
- **Google Maps:** https://www.google.com/maps?q=36.584577,-92.706444

## Listing Agent

- **Name:** Payton Watterson
- **Brokerage:** Sho-Me Real Estate
- **Phone:** 4175542145
- **Email:** payton.shome417@gmail.com

## Primary Photo

![28 Wallace Ranch Road - Primary Photo](http://lh.rdcpix.com/7ef71b47dcc9a10c58dcafe0f5efb939l-f2514118637r.jpg)

*59 total photos available on [listing page](https://www.propertysimple.com/listing/28-wallace-ranch-road-theodosia-mo-65761-60320887)*

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**MLS#:** 60320887 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/28-wallace-ranch-road-theodosia-mo-65761-60320887)

---

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