Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    0 HWY 28 Owensville, MO 65066

    View on Map
    For Sale
    $99,000

    Land - Owensville, MO

    Lot size:
    2.00 Acres
    Added:
    Mar 7, 2026
    Days on Market:
    25
    Last Refresh:
    Apr 1 at 3:06 pm

    Property Features for 0 HWY 28

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    See Remarks
    Exterior features
    Level
    Standard status
    Active
    APN
    14-9.0-31-0-00-012.030
    Lot size
    2.00 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxAnnualAmount
    453

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Diane Thomas

    Listing agent Diane Thomas License #1999127591

    Listing office RE/MAX Exclusive Properties 1874 Hwy 28, Owensville, MO

    Listing date Mar 7, 2026

    MLS# 26013118 Listing URL

    Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Highway 28 Development Opportunity

    This 2-acre property is located on Highway 28 and offers high visibility and traffic exposure. The level tract has utilities available, making it a ready-to-build site with accessibility. The property is suitable for a restaurant, retail space, urgent care facility, light industry, community center, or multi-family housing development. Its location and traffic count make it suitable for business owners, investors, or developers looking to establish a presence in a high-visibility area. The property is located in Owensville, MO.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Owensville
    County
    Gasconade
    State
    Missouri
    Longitude
    -91.5232262
    Latitude
    38.3345454

    Nearby Similar for Sale

    • $299,900
      4,224 SF

      Owensville Warehouse/Showroom on Highway 28

      Warehouse/showroom with retail space, storage, and updated features.
      1102 Highway 28, Owensville, MO 65066
      View Details
    • $310,000
      480 SF

      Commercial Land and Building

      6.2 acres with building and highway frontage in Owensville, MO.
      1872 Highway 28, Owensville, MO 65066
      View Details
    • $429,000
      2,100 SF

      Farmhouse on Scenic 14.62 Acres

      Charming 4-bedroom farmhouse with workshop on 14.62 acres.
      3825 Highway Ee, Owensville, MO 65066
      View Details
    • $79,900

      Commercial Property in High-Traffic Area

      Commercial property on 0.75 acres in a high-traffic location.
      410 Springfield Road, Owensville, MO 65066
      View Details
    • $369,000
      1,084 SF

      Mini Farm Ready Property

      10.5 acre mini farm with charming country home.
      1867 Hecker Road, Owensville, MO 65066
      View Details
    • $235,000
      4,050 SF

      Versatile Commercial Building, Owensville, MO

      4,050 sqft mixed-use building with high visibility and potential.
      1202 W 28 Highway, Owensville, MO 65066
      View Details
    • $462,000

      60.51 Acre Agricultural Holding

      Versatile agricultural land with ponds and creeks near Owensville, MO.
      60.51 Acres S TBD 4th Street, Owensville, MO 65066
      View Details
    • $239,000
      2,912 SF

      Owensville Multifamily Investment Opportunity

      Five fully rented apartments with recent updates in Owensville, Missouri.
      402 N 1st Street S, Owensville, MO 65066
      View Details
    • $6,500

      Recreational Land in Peaceful Valley

      0.27 acre recreational land with lake access and amenities.
      0 LAKE SHORE Drive, Owensville, MO 65066
      View Details
    • $99,500

      Commercial Land in High Traffic

      One acre of commercial land in a high-traffic area.
      0 Hwy. 28, Owensville, MO 65066
      View Details
    • $35,000

      Golf Course Backing Land

      Residential land backing up to the golf course.
      1016 E SPRINGFIELD Road, Owensville, MO 65066
      View Details
    • Contact for pricing
      8,000 SF

      Freestanding Retail Building For Lease

      Retail building across from Walmart Supercenter available for lease.
      440 Hwy 28, Owensville, MO
      View Details

    FAQs

    What type of property is this?
    Commercial land - 2 acres on Highway 28, Owensville, MO. High visibility.
    Where is this commercial land located?
    The property is located at 0 HWY 28 Owensville, MO.
    What is the asking price?
    The asking price for this property is $99,000.
    What are key features of this property?
    This property features: Prime 2‑acre property on busy Highway 28; High visibility and high traffic exposure; Ready‑to‑build site with utilities available
    (573) 368-8025
    We can help!
    Listing Contact
    Diane Thomas
    Real Estate License ID: 1999127591
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!