# 28 Wallace Ranch Road, Theodosia, MO 65761

> **TL;DR:** 0bd/1ba commercial, $375,000, built 1987.
> A/C. Est. $2,005/mo. Listed 44 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $375,000 |
| Bathrooms | 1 full |
| Year Built | 1987 |
| Lot Size | 69,696 sqft (1.60 acres) |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 44 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,896 |
| Estimated Insurance | $109 |
| **Total** | **$2,005** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1987
- 1.60 acre lot

## Description

### Agent Description
Commercial Investment Property with Home & Expansion Land Near Bull Shoals Lake!Exceptional income-producing property offering a great revenue stream and outstanding growth potential. This unique opportunity includes a leased commercial building generating steady rental income.Located on a highly visible main roadway just minutes from Bull Shoals Lake, this property offers excellent accessibility and exposure. Whether you're seeking an absentee investment property with established revenue, a live-work opportunity. 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!

## Location

- **Address:** 28 Wallace Ranch Road, Theodosia, MO 65761
- **County:** Ozark
- **Coordinates:** 36.58518, -92.706369
- **Google Maps:** https://www.google.com/maps?q=36.58518,-92.706369

## Listing Agent

- **Name:** Payton Watterson
- **Brokerage:** Sho-Me Real Estate
- **Phone:** 4175542145
- **Broker Phone:** (417) 924-1307
- **Listing URL:** [View original listing](https://listings.listhub.net/pages/GSBORMO/60329564/?channel=propsimple)

## Photos

![28 Wallace Ranch Road - Photo 1](http://lh.rdcpix.com/7e85631ce393a6a14de4726a184819ael-f4034009497r.jpg)

![28 Wallace Ranch Road - Photo 2](http://lh.rdcpix.com/7e85631ce393a6a14de4726a184819ael-f2514118637r.jpg)

![28 Wallace Ranch Road - Photo 3](http://lh.rdcpix.com/7e85631ce393a6a14de4726a184819ael-f1921445310r.jpg)

![28 Wallace Ranch Road - Photo 4](http://lh.rdcpix.com/7e85631ce393a6a14de4726a184819ael-f2117573838r.jpg)

![28 Wallace Ranch Road - Photo 5](http://lh.rdcpix.com/7e85631ce393a6a14de4726a184819ael-f4212833375r.jpg)

![28 Wallace Ranch Road - Photo 6](http://lh.rdcpix.com/7e85631ce393a6a14de4726a184819ael-f255629429r.jpg)

![28 Wallace Ranch Road - Photo 7](http://lh.rdcpix.com/7e85631ce393a6a14de4726a184819ael-f499017284r.jpg)

![28 Wallace Ranch Road - Photo 8](http://lh.rdcpix.com/7e85631ce393a6a14de4726a184819ael-f1195429753r.jpg)

![28 Wallace Ranch Road - Photo 9](http://lh.rdcpix.com/7e85631ce393a6a14de4726a184819ael-f731899728r.jpg)

![28 Wallace Ranch Road - Photo 10](http://lh.rdcpix.com/7e85631ce393a6a14de4726a184819ael-f944561967r.jpg)

![28 Wallace Ranch Road - Photo 11](http://lh.rdcpix.com/7e85631ce393a6a14de4726a184819ael-f4185334822r.jpg)

![28 Wallace Ranch Road - Photo 12](http://lh.rdcpix.com/7e85631ce393a6a14de4726a184819ael-f109128372r.jpg)

![28 Wallace Ranch Road - Photo 13](http://lh.rdcpix.com/7e85631ce393a6a14de4726a184819ael-f1420589174r.jpg)

![28 Wallace Ranch Road - Photo 14](http://lh.rdcpix.com/7e85631ce393a6a14de4726a184819ael-f1306819468r.jpg)

![28 Wallace Ranch Road - Photo 15](http://lh.rdcpix.com/7e85631ce393a6a14de4726a184819ael-f3170010461r.jpg)

![28 Wallace Ranch Road - Photo 16](http://lh.rdcpix.com/7e85631ce393a6a14de4726a184819ael-f2106219792r.jpg)

![28 Wallace Ranch Road - Photo 17](http://lh.rdcpix.com/7e85631ce393a6a14de4726a184819ael-f3509178680r.jpg)

![28 Wallace Ranch Road - Photo 18](http://lh.rdcpix.com/7e85631ce393a6a14de4726a184819ael-f1028895174r.jpg)

![28 Wallace Ranch Road - Photo 19](http://lh.rdcpix.com/7e85631ce393a6a14de4726a184819ael-f952714912r.jpg)

![28 Wallace Ranch Road - Photo 20](http://lh.rdcpix.com/7e85631ce393a6a14de4726a184819ael-f2088993923r.jpg)

![28 Wallace Ranch Road - Photo 21](http://lh.rdcpix.com/7e85631ce393a6a14de4726a184819ael-f999276160r.jpg)

![28 Wallace Ranch Road - Photo 22](http://lh.rdcpix.com/7e85631ce393a6a14de4726a184819ael-f3297494757r.jpg)

![28 Wallace Ranch Road - Photo 23](http://lh.rdcpix.com/7e85631ce393a6a14de4726a184819ael-f2541914633r.jpg)

![28 Wallace Ranch Road - Photo 24](http://lh.rdcpix.com/7e85631ce393a6a14de4726a184819ael-f3769327280r.jpg)

![28 Wallace Ranch Road - Photo 25](http://lh.rdcpix.com/7e85631ce393a6a14de4726a184819ael-f780825859r.jpg)

![28 Wallace Ranch Road - Photo 26](http://lh.rdcpix.com/7e85631ce393a6a14de4726a184819ael-f3635032302r.jpg)

![28 Wallace Ranch Road - Photo 27](http://lh.rdcpix.com/7e85631ce393a6a14de4726a184819ael-f1555724698r.jpg)

![28 Wallace Ranch Road - Photo 28](http://lh.rdcpix.com/7e85631ce393a6a14de4726a184819ael-f2078286466r.jpg)

![28 Wallace Ranch Road - Photo 29](http://lh.rdcpix.com/7e85631ce393a6a14de4726a184819ael-f325387805r.jpg)

![28 Wallace Ranch Road - Photo 30](http://lh.rdcpix.com/7e85631ce393a6a14de4726a184819ael-f1101079863r.jpg)

![28 Wallace Ranch Road - Photo 31](http://lh.rdcpix.com/7e85631ce393a6a14de4726a184819ael-f654055391r.jpg)

![28 Wallace Ranch Road - Photo 32](http://lh.rdcpix.com/7e85631ce393a6a14de4726a184819ael-f2005532443r.jpg)

---

**MLS#:** 60329564 | **Updated:** 2026-08-27
**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.ai/listing/28-wallace-ranch-road-theodosia-mo-65761-60329564)

---

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